Get Approved at The Lowest Rate
Navigating the process of buying a new home in Devers, 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 Devers, TX or getting it ready for the market.
Identify the new home you want to buy in Devers, 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 Devers, 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 Devers, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, Texas offer the advantage of providing immediate funds for purchasing a new home while waiting for the sale of your current property. This can prevent missed opportunities and allow for smoother transitions without having to wait for the sale of your existing home. Demographics in Devers consist of a diverse community with a mix of families, professionals, and retirees. The town has a population of approximately 500 residents and is known for its friendly atmosphere, low crime rates, and a strong sense of community. The housing market in Devers is characterized by a mix of traditional single-family homes, newer developments, and spacious properties with rural charm. The market is stable with affordable options for first-time homebuyers and families looking to settle in a peaceful and scenic environment. Main attractions in Devers include its proximity to outdoor recreational areas such as the Trinity River for fishing and boating, local parks, and hiking trails. The town also hosts community events, farmers' markets, and friendly local businesses that contribute to its small-town charm.
Benefits of Bridge Loans in Devers, Texas
