Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ranger, 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 Ranger, TX or getting it ready for the market.
Identify the new home you want to buy in Ranger, 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 Ranger, 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 Ranger, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ranger, 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 Ranger, 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 Ranger, 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 Ranger, 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 Ranger, 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 in Ranger, Texas provide a unique financing option for homebuyers. They offer flexibility, allowing buyers to secure funds quickly and bridge the gap between selling their current home and purchasing a new one. This can help avoid the stress of timing issues in real estate transactions. Ranger, Texas, home to a population of approximately 2,500 residents, boasts a diverse community. With a median age of 44, the town offers a mix of young families and retirees. The area's affordable cost of living and strong community spirit make it an attractive place for individuals looking for a close-knit neighborhood. The housing market in Ranger, Texas, is robust, with a range of housing options available to buyers. From historic homes with character to modern, newly constructed properties, there is something for everyone. The median home price in Ranger is $120,000, making it an affordable option for first-time buyers and families looking to upsize. Main attractions in Ranger include the Ranger Historical Preservation Society, a museum showcasing the town's rich history, and the Ranger College, a hub for education in the community. Outdoor enthusiasts can enjoy the nearby Lake Leon for fishing and boating, while local parks offer recreational activities for residents of all ages.
Bridge Loans Benefits in Ranger, Texas
