Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ivanhoe, TX while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Ivanhoe, TX or getting it ready for the market.
Identify the new home you want to buy in Ivanhoe, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Ivanhoe, TX often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Ivanhoe, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ivanhoe, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Ivanhoe, TX do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Ivanhoe, TX may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Ivanhoe, TX provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Ivanhoe, TX to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans provide a valuable financial solution for residents of Ivanhoe, Texas, offering a quick and flexible way to secure funding for a new home before selling their current one. This type of loan helps bridge the gap between the sale of the existing property and the purchase of a new one, ensuring a smooth transition without the need for contingent offers. Demographically, Ivanhoe, Texas, is a charming rural community with a population that values a slower pace of life and a close-knit community feel. The area boasts a mix of families, retirees, and young professionals seeking a peaceful retreat from the hustle and bustle of city living, making it an ideal location for those looking to settle down or raise a family. In terms of the housing market, Ivanhoe offers a range of options, from cozy single-family homes to spacious ranch properties, catering to diverse preferences and budgets. With a healthy real estate market characterized by steady appreciation rates and a strong demand for housing, investing in property in Ivanhoe, Texas, presents a promising opportunity for homebuyers and investors alike. Some main attractions in Ivanhoe include the beautiful Lake Fannin, ideal for outdoor enthusiasts looking to fish, kayak, or simply enjoy the picturesque scenery. The community also boasts a vibrant local arts scene, with art galleries, craft shops, and cultural events that showcase the talents of residents and visiting artists, adding to the town's unique charm and appeal.
Benefits of Bridge Loans in Ivanhoe, Texas
