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Navigating the process of buying a new home in Evant, 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 Evant, TX or getting it ready for the market.
Identify the new home you want to buy in Evant, 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 Evant, 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 Evant, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Evant, 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 Evant, 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 Evant, 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 Evant, 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 Evant, 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 Evant, Texas provide a crucial financial lifeline for individuals looking to purchase a new home before selling their existing property. These short-term loans offer flexibility in securing the new property without the need to wait for the sale of the current one. Demographically, Evant is a small town in Central Texas with a population of approximately 400 residents. The community has a cozy small-town atmosphere, making it an ideal place for individuals seeking a peaceful and close-knit neighborhood. The housing market in Evant is characterized by a mix of traditional single-family homes and spacious rural properties. The real estate market is relatively stable, with affordable housing options that attract both first-time homebuyers and individuals looking for a more tranquil living environment. Evant offers a range of attractions for residents and visitors alike. Outdoor enthusiasts can enjoy recreational activities at the nearby Mother Neff State Park or explore the scenic beauty of the Leon River. The town also hosts annual events such as the Evant Rodeo, showcasing the vibrant local culture.
Benefits of Bridge Loans in Evant, Texas
