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Navigating the process of buying a new home in Charlotte, 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 Charlotte, TX or getting it ready for the market.
Identify the new home you want to buy in Charlotte, 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 Charlotte, 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 Charlotte, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Charlotte, 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 Charlotte, 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 Charlotte, 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 Charlotte, 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 Charlotte, 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 offer fast and convenient financing solutions for individuals looking to secure a new property before selling their existing one. In Charlotte, Texas, this can be particularly advantageous due to the competitive real estate market. Demographically, Charlotte is a vibrant community with a mix of young professionals and families. The town boasts a strong sense of community and a growing economy, making it an attractive location for property investments and development. Charlotte's housing market has seen steady growth in recent years, with property values appreciating at a healthy rate. Bridge loans can provide the flexibility needed to capitalize on investment opportunities in this thriving market without the constraints of traditional financing options. Some main attractions in Charlotte include the picturesque downtown area, renowned for its local shops and restaurants. Outdoor enthusiasts can also enjoy the nearby parks and recreational facilities, making it a desirable place to live and invest in real estate.
Benefits of Bridge Loans in Charlotte, Texas
