Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carbon, 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 Carbon, TX or getting it ready for the market.
Identify the new home you want to buy in Carbon, 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 Carbon, 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 Carbon, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carbon, 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 Carbon, 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 Carbon, 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 Carbon, 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 Carbon, 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 Carbon, Texas offer a convenient financing solution for residents looking to purchase a new home before selling their current one. This type of loan provides quick access to funds, allowing individuals to bridge the gap between the sale of their existing property and the purchase of a new one. Demographics: Carbon, Texas, is a small and tight-knit community with a population of around 200 residents. The town boasts a peaceful and charming atmosphere, making it an ideal place for families and retirees looking for a quiet place to call home. Housing Market: The housing market in Carbon, Texas, is relatively stable, offering a mix of affordable single-family homes and spacious ranch-style properties. Bridge loans can help buyers secure their dream home in this competitive market without having to wait for their current property to sell. Main Attractions: Despite its small size, Carbon has a lot to offer in terms of recreation and leisure. Residents can enjoy outdoor activities like fishing and hiking at nearby parks and lakes. The town also has a rich history, with historic sites and museums that showcase its unique heritage.
Benefits of Bridge Loans in Carbon, Texas