Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carrollton, 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 Carrollton, TX or getting it ready for the market.
Identify the new home you want to buy in Carrollton, 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 Carrollton, 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 Carrollton, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carrollton, 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 Carrollton, 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 Carrollton, 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 Carrollton, 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 Carrollton, 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!
Benefits: Bridge loans in Carrollton, Texas offer individuals the flexibility to secure a new home before selling their current one. This can help avoid the stress of timing contingencies and allows for a smoother transition between properties. Additionally, bridge loans often have quick approval processes and can provide short-term financial support during the transition period. Demographics: Carrollton, Texas has a diverse population with a mix of young professionals, families, and retirees. The city is known for its strong sense of community, excellent schools, and a variety of cultural and recreational activities for residents of all ages. Housing Market: The housing market in Carrollton is competitive yet stable, with a range of housing options available to potential buyers. The city's real estate market has shown steady growth over the years, making it an attractive location for both first-time homebuyers and seasoned investors. Main Attractions: Carrollton boasts a vibrant dining scene, charming historic downtown area, and numerous parks and green spaces for outdoor activities. The city is also home to the Carrollton Arts District, offering a variety of art galleries, theaters, and cultural events throughout the year.
Benefits of Bridge Loans in Carrollton, Texas