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Navigating the process of buying a new home in De Berry, 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 De Berry, TX or getting it ready for the market.
Identify the new home you want to buy in De Berry, 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 De Berry, 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 De Berry, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in De Berry, 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 De Berry, 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 De Berry, 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 De Berry, 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 De Berry, 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 flexible financing option for residents of De Berry, Texas, allowing them to bridge the gap between the purchase of a new home and the sale of their existing property. This can be especially beneficial in a competitive housing market, where quick transactions are key. Demographics: De Berry, Texas, is a small town with a population of approximately XXXX residents. The community is known for its tight-knit feel and friendly atmosphere, making it an ideal place to raise a family or retire. Housing Market: The housing market in De Berry offers a range of options, from historic homes to new developments. With the help of bridge loans, residents can take advantage of opportunities as they arise, without having to wait for their current home to sell. Main Attractions: De Berry boasts several attractions, including a charming downtown area, local parks, and proximity to outdoor recreational opportunities. Residents can enjoy a peaceful lifestyle while still having access to amenities and entertainment.
Benefits of Bridge Loans in De Berry, Texas
