Get Approved at The Lowest Rate
Navigating the process of buying a new home in Devine, 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 Devine, TX or getting it ready for the market.
Identify the new home you want to buy in Devine, 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 Devine, 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 Devine, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Devine, 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 Devine, 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 Devine, 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 Devine, 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 Devine, 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 Devine, Texas offer a quick and flexible financing option for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of an existing one. One of the main benefits is the ability to access funds quickly, allowing buyers to secure their new home without being contingent on the sale of their current property. Devine, Texas, a charming small town, has a population of approximately 4,400 residents. The town boasts a diverse community with a median age of 34 years old, making it an attractive place for young families and professionals. Devine offers a peaceful atmosphere with access to top-rated schools, parks, and recreational facilities. In terms of the housing market, Devine, Texas, showcases a mix of historic homes and modern developments. The median home value in Devine is around $150,000, with a steady appreciation rate. The market is stable, making it a favorable location for both buyers and sellers. Bridge loans provide buyers with the financial flexibility to seize opportunities in this competitive market. Main attractions in Devine include the Devine Acres Farm, a popular destination for family outings, and the picturesque Warhorse Stadium for sports enthusiasts. The town also hosts community events like the Devine Fall Festival, showcasing local vendors and artisans. With its rich cultural heritage and growing economy, Devine, Texas, offers a unique blend of small-town charm and modern amenities.
Benefits of Bridge Loans in Devine, Texas
