Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rotan, 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 Rotan, TX or getting it ready for the market.
Identify the new home you want to buy in Rotan, 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 Rotan, 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 Rotan, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rotan, 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 Rotan, 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 Rotan, 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 Rotan, 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 Rotan, 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 Rotan, Texas offer significant benefits to homebuyers. These short-term loans provide quick financing, allowing buyers to secure a new home before selling their current one. This ensures a smooth transition without the need for a contingency offer. Demographically, Rotan is a charming town with a population of approximately 1,400 residents. The town boasts a tight-knit community feel, making it an ideal place for families looking to put down roots. With a median age of 37, Rotan offers a blend of young families and older residents, creating a diverse and welcoming atmosphere. Rotan's housing market is thriving, with a variety of affordable housing options available. The median home price in the area is competitive, making it an attractive location for first-time buyers and those looking to upgrade. Additionally, the market is stable, providing confidence to both buyers and sellers. Rotan is home to several main attractions, including the Double Mountain Fork Brazos River, which offers scenic views and outdoor recreational activities. The town also features a historic downtown area with quaint shops and restaurants, providing a unique blend of small-town charm and modern conveniences.
Benefits of Bridge Loans in Rotan, Texas
