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Navigating the process of buying a new home in Deanville, 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 Deanville, TX or getting it ready for the market.
Identify the new home you want to buy in Deanville, 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 Deanville, 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 Deanville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Deanville, 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 Deanville, 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 Deanville, 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 Deanville, 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 Deanville, 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 Deanville, Texas offer various advantages to borrowers. They provide short-term financing that can bridge the gap between the purchase of a new home and the sale of an existing one. This can be particularly helpful in a competitive housing market like Deanville, allowing buyers to make quick offers without needing to wait for their current home to sell. Deanville, Texas, located in Burleson County, has a population of approximately 500 residents. The area boasts a diverse community, including families, young professionals, and retirees. With a strong sense of community, Deanville offers a safe and welcoming environment for residents of all ages. The housing market in Deanville is characterized by a mix of historic homes and new developments. The median home value in Deanville is $250,000, making it an affordable option for buyers looking to invest in real estate. Bridge loans can help prospective homeowners secure the funding they need to purchase their dream property in this vibrant community. Some main attractions in Deanville include the Burleson County Czech Heritage Museum, which showcases the area's rich cultural history, and Deanville Community Park, a popular spot for outdoor activities and family gatherings. The town's close-knit feel and scenic surroundings make it a desirable location for those seeking a peaceful yet connected lifestyle.
Benefits of Bridge Loans in Deanville, Texas
