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Navigating the process of buying a new home in Ransom Canyon, 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 Ransom Canyon, TX or getting it ready for the market.
Identify the new home you want to buy in Ransom Canyon, 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 Ransom Canyon, 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 Ransom Canyon, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ransom Canyon, 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 Ransom Canyon, 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 Ransom Canyon, 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 Ransom Canyon, 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 Ransom Canyon, 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 offer a convenient financing solution for homeowners in Ransom Canyon, Texas, helping them bridge the gap between the purchase of a new home and the sale of their existing one. These loans provide short-term funding, allowing individuals to make a down payment on a new property without having to wait for their old home to sell. Demographics Ransom Canyon, Texas, is a picturesque town with a population of approximately 1,100 residents. The community is known for its friendly atmosphere and tight-knit community spirit. The town has a mix of residents, including families, retirees, and young professionals, creating a diverse and vibrant neighborhood. Housing Market The housing market in Ransom Canyon offers a variety of residential options, from cozy single-family homes to luxurious estates. The median home price in the area is around $300,000, making it an attractive option for buyers looking for affordable yet comfortable housing. With the help of bridge loans, prospective homeowners can take advantage of these opportunities without experiencing financial strain. Main Attractions Ransom Canyon is renowned for its natural beauty, including stunning canyon views and picturesque lakefronts. Residents enjoy outdoor activities such as hiking, fishing, and boating. The town also has a vibrant arts and culture scene, with local galleries, museums, and events that showcase the community's creativity and talent.
Benefits of Bridge Loans in Ransom Canyon, Texas
