Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carlsbad, 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 Carlsbad, TX or getting it ready for the market.
Identify the new home you want to buy in Carlsbad, 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 Carlsbad, 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 Carlsbad, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carlsbad, 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 Carlsbad, 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 Carlsbad, 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 Carlsbad, 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 Carlsbad, 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 Carlsbad, Texas offer a convenient financing option for homeowners looking to purchase a new home before selling their existing property. These loans provide the flexibility to make a quick purchase without the constraints of waiting for the sale of the current home. Carlsbad, Texas, boasts a diverse demographic profile with a mix of families, young professionals, and retirees. The town's population of approximately 5,000 residents enjoys a close-knit community feel and access to quality schools, healthcare facilities, and recreational amenities. The housing market in Carlsbad, Texas, is characterized by a stable real estate environment with moderate property prices. The town offers a range of housing options, from single-family homes to condominiums, catering to various budget and lifestyle preferences. Among the main attractions in Carlsbad, Texas, is the scenic Carlsbad Lake, popular for fishing and boating activities. The town also features historical landmarks, outdoor parks, and local dining establishments, providing residents with a vibrant and fulfilling lifestyle.
Bridge Loans in Carlsbad, Texas
