Get Approved at The Lowest Rate
Navigating the process of buying a new home in White Deer, 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 White Deer, TX or getting it ready for the market.
Identify the new home you want to buy in White Deer, 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 White Deer, 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 White Deer, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in White Deer, 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 White Deer, 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 White Deer, 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 White Deer, 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 White Deer, 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 offer a unique financing solution for homebuyers in White Deer, Texas. These short-term loans provide immediate funds to bridge the gap between the purchase of a new home and the sale of an existing one. This enables buyers to make a competitive offer without contingency clauses, speeding up the purchasing process and increasing the likelihood of securing their dream home. White Deer, Texas, is a small, tight-knit community with a population that values its rural setting and strong community spirit. The town's demographics show a mix of families, young professionals, and retirees, creating a diverse and welcoming environment for residents of all ages. The housing market in White Deer is currently experiencing steady growth, with the demand for homes outpacing the supply. This has led to an increase in property values, making it an opportune time for homeowners to sell their properties and capitalize on the market's upward trend. Despite its small size, White Deer boasts a range of main attractions that showcase the town's charm and appeal. From the historic Main Street lined with local shops and eateries to the nearby outdoor recreational areas such as Lake Meredith National Recreation Area, residents and visitors alike have plenty to explore and enjoy in this quaint Texan town.
The Benefits of Bridge Loans in White Deer, Texas
