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For most people, finding the right home in Big Spring, Texas is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Big Spring, Texas lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Big Spring within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Big Spring that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Big Spring is a city located in the U.S. state of Texas at the crossroads of U.S. Highway 87 and Interstate 20; its population of 25,233 (2000 Census) makes it the largest city between Midland to the west, Abilene to the east, Lubbock to the north, and San Angelo to the south. Big Spring was established as the county seat of Howard County in 1882 and is also the largest city in that county. The city got its name from the single, large spring that issued into a small gorge from between the base of Scenic Mountain and a neighboring hill, in the SW part of the city limits. The Spring, now dry, was of major importance to all life in the surrounding area. In the early 1840s, it was the center of a territorial dispute between Comanche and Pawnee tribes, and has been a major watering hole for wildlife and prehistoric man in this semi-arid area. (G. Brune, 'Springs of Texas', 1981). -- Source: Wikipedia.com
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Census Data for Big Spring, Texas
| Big Spring | Texas | United States | |
| Population | 25,233 | 20,851,820 | 281,421,906 |
| Median age | 35.1 | 32.3 | 35.3 |
| Median age for Male | 34 | 31.3 | 34 |
| Median age for Female | 37.5 | 33.4 | 36.5 |
| Households | 8,155 | 7,393,354 | 105,480,101 |
| Household population | 20,447 | 20,290,711 | 273,643,273 |
| Average household size | 2.51 | 2.74 | 2.59 |
| Families | 5,463 | 5,247,794 | 71,787,347 |
| Average family size | 3.1 | 3.28 | 3.14 |
| Housing units | 9,865 | 8,157,575 | 115,904,641 |
| Occupied units | 8,155 | 7,393,354 | 105,480,101 |
| Vacant units | 1,710 | 764,221 | 10,424,540 |
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