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Navigating the process of buying a new home in Carmine, 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 Carmine, TX or getting it ready for the market.
Identify the new home you want to buy in Carmine, 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 Carmine, 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 Carmine, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carmine, 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 Carmine, 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 Carmine, 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 Carmine, 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 Carmine, 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 Carmine, Texas offer homeowners the flexibility to purchase a new home before selling their current one. This benefits individuals looking to upgrade without the stress of timing constraints. It ensures a smooth transition from one property to another without the need to rush the sale. Demographics: Carmine, Texas, is a quaint town with a population of approximately 250 residents. The community boasts a mix of families, retirees, and young professionals. The town is known for its friendly atmosphere and close-knit community, making it an ideal place for those seeking a peaceful lifestyle. Housing Market: Carmine's housing market is characterized by a mix of historic homes and modern properties. Bridge loans provide homeowners with the financial support to invest in these unique real estate opportunities. With the town's charm and growing popularity, property values are steadily appreciating, making it a promising market for investment. Main Attractions: Carmine is home to several attractions, including the Texas Cotton Gin Museum and local wineries offering tours and tastings. The town's proximity to outdoor activities like hiking trails and parks provides residents with ample recreational opportunities.
Benefits of Bridge Loans in Carmine, Texas