Get Approved at The Lowest Rate
Navigating the process of buying a new home in Deport, 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 Deport, TX or getting it ready for the market.
Identify the new home you want to buy in Deport, 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 Deport, 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 Deport, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Deport, 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 Deport, 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 Deport, 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 Deport, 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 Deport, 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 Deport, Texas offer numerous benefits to both buyers and sellers. These short-term loans provide quick financing to bridge the gap between the purchase of a new home and the sale of the current one. They allow homeowners to secure funds without having to wait for their existing property to sell, enabling them to make competitive offers and move quickly on their dream home. Demographics in Deport, Texas show a tight-knit community with a population of around 600 residents. The town's charming small-town feel and friendly atmosphere make it an ideal place for families and individuals looking for a peaceful and welcoming environment to call home. The housing market in Deport, Texas is currently stable, with a mix of older traditional homes and newer developments. Bridge loans can provide buyers with the flexibility and financial support needed to secure properties in this competitive market, ensuring they don't miss out on their desired homes due to delays in selling their existing properties. Main attractions in Deport, Texas include the scenic Deport Lake and the nearby Red River. Residents and visitors can enjoy outdoor activities such as fishing, hiking, and boating, making it a great place for nature enthusiasts and those seeking a peaceful retreat away from the hustle and bustle of city life.
Benefits of Bridge Loans in Deport, Texas
