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Navigating the process of buying a new home in Concord, 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 Concord, TX or getting it ready for the market.
Identify the new home you want to buy in Concord, 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 Concord, 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 Concord, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Concord, 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 Concord, 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 Concord, 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 Concord, 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 Concord, 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 Concord, Texas offer numerous benefits to homeowners and investors. These short-term loans provide quick access to funds for purchasing a new property before selling the existing one. They offer flexibility, speed, and convenience in real estate transactions, making them a popular choice for those looking to avoid delays and secure their dream home. Concord, Texas, is a vibrant community with a diverse population. The city boasts a mix of urban and suburban living, appealing to young professionals, families, and retirees alike. With top-rated schools, parks, and a strong sense of community, Concord offers residents a high quality of life. The housing market in Concord, Texas, is competitive yet promising. The city has seen steady growth in property values, making it an attractive investment opportunity. With a range of housing options available, from single-family homes to luxury apartments, Concord offers something for everyone. When in Concord, be sure to visit the historic downtown area, known for its charming shops, restaurants, and cultural attractions. The city also features beautiful parks, hiking trails, and a bustling arts scene, providing plenty of entertainment options for residents and visitors alike.
Bridge Loans in Concord, Texas