Get Approved at The Lowest Rate
Navigating the process of buying a new home in Deweyville, 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 Deweyville, TX or getting it ready for the market.
Identify the new home you want to buy in Deweyville, 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 Deweyville, 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 Deweyville, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Deweyville, 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 Deweyville, 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 Deweyville, 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 Deweyville, 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 Deweyville, 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 provide short-term financing solutions for individuals looking to purchase a new home before selling their current one. In Deweyville, Texas, these loans offer the benefit of quick access to funds, enabling buyers to secure their new property without having to wait for their existing home to sell. Demographics: Deweyville, Texas, has a population of approximately 1,200 residents. The town boasts a close-knit community feel, with a median household income above the national average. Residents take pride in the town's rich history and strong sense of community. Housing Market: Deweyville's housing market offers a mix of single-family homes, ranging from cozy ranch-style properties to spacious modern houses. The area has seen steady growth in property values over the past few years, making it an attractive location for both buyers and sellers. Main Attractions: Deweyville is known for its scenic beauty, with opportunities for outdoor activities such as fishing, hiking, and boating along the Sabine River. The town also hosts community events and festivals throughout the year, bringing residents together in celebration of their vibrant community.
Benefits of Bridge Loans in Deweyville, Texas