Get Approved at The Lowest Rate
Navigating the process of buying a new home in Davilla, 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 Davilla, TX or getting it ready for the market.
Identify the new home you want to buy in Davilla, 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 Davilla, 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 Davilla, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Davilla, 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 Davilla, 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 Davilla, 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 Davilla, 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 Davilla, 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 borrowers the flexibility to secure financing quickly, making them ideal for individuals in Davilla, Texas, who need to bridge the gap between the sale of one home and the purchase of another. These short-term loans provide immediate funds for down payments and closing costs, ensuring a smooth transition during real estate transactions. Demographics: Davilla, located in Milam County, Texas, has a population of approximately 800 residents. The community boasts a mix of age groups, with a median household income above the state average. The diverse population contributes to a vibrant local culture and strong sense of community. Housing Market: The housing market in Davilla offers a range of affordable options for homebuyers. With a stable economy and steady job growth in the region, real estate values have remained competitive. Bridge loans can help individuals capitalize on favorable market conditions and secure their dream home in Davilla.
The Benefits of Bridge Loans in Davilla, Texas
