Get Approved at The Lowest Rate
Navigating the process of buying a new home in Coppell, 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 Coppell, TX or getting it ready for the market.
Identify the new home you want to buy in Coppell, 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 Coppell, 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 Coppell, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Coppell, 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 Coppell, 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 Coppell, 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 Coppell, 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 Coppell, 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 Coppell, Texas offer a valuable financing solution for homeowners looking to purchase a new home before selling their current property. These loans provide flexibility and convenience, allowing individuals to access the equity in their existing home to fund the down payment for a new home. Located in Dallas County, Coppell is a vibrant city with a population of approximately 42,000 residents. The community is known for its top-rated schools, safe neighborhoods, and strong sense of community. The median household income in Coppell is $123,662, well above the national average, making it an attractive location for families and professionals. The housing market in Coppell is competitive, with a median home value of $462,300. The market has seen steady appreciation in recent years, making it a solid investment opportunity for homebuyers. Bridge loans provide buyers with the financial flexibility to secure a new home in Coppell's competitive market without having to wait for their current home to sell. Coppell boasts a variety of attractions, including the Coppell Nature Park, Grapevine Springs Park, and the Grapevine Springs Art Gallery. The city also offers easy access to major highways, making it convenient for residents to explore nearby attractions in the Dallas-Fort Worth metroplex.
Bridge Loans in Coppell, Texas: A Closer Look
