McKinney and Celina move-up buyers often have equity and a payment that no longer fits. Nate Carver at ProLendingMortgage starts with the current statement, the next purchase price, and whether you can carry two payments if the closes do not line up.
A contingent offer is a contract tool. It is not a substitute for a documented file on the next house. The first call should make that difference plain.
Sale proceeds shrink once commissions, concessions, and payoff figures are in. Nate runs a simple net sheet before anyone assumes the down payment on the next house is covered. If the gap is real, that is a down-payment and reserve conversation, not a surprise at closing.
Repairs credits and buyer concessions on your sale also change the net. Bring whatever offers or estimates you already have so the math stays honest.
Some sellers can bridge. Some should sell first. Some can write a non-contingent offer because the file and the reserves support it. Each path changes risk. Nate names the path that matches the documents you actually have, not the path that sounds boldest in a group chat.
Bridge products have their own qualification and exit plan. If the bridge only works with a perfect sale price, that should be said before you list.
Frisco and Prosper new builds can slide. Lock length, builder incentives, and HOA dues belong in the same conversation as the sale of your current house. A lock that expires before the slab is poured is a first-call problem.
If the next house is a resale with repairs, appraisal timing still matters. Build a buffer into the lock conversation either way.
Current mortgage statement, a target payment on the next house, asset statements, and the date you need to move. If VA entitlement is in play, bring that paperwork too so both properties are reviewed under the right overlay.
The goal is a move that underwrites on both sides, not a weekend of tours with an empty file behind them. Ask Nate to put the two-payment scenario on paper before anyone writes an offer in McKinney or Celina.
If your realtor is already talking strategy, bring them into the same thread. A clear letter, a clear net sheet, and a clear backup plan beat a bold offer that collapses when the sale slips a week. That is how Collin County move-ups actually close. Put the backup plan in writing before the first showing day. If the sale falls through, you should already know whether you pause, bridge, or switch to a different purchase price band without starting the file over. Keep the net sheet and the pre-approval letter in the same folder so the realtor is not guessing mid-weekend.
Call (972) 832-5761 or visit natecarver.com to walk the file before you tour. Nate Carver, NMLS #2004738. ProLendingMortgage, LLC. Equal Housing Lender. All loans subject to credit approval. Programs and guidelines can change. This is not a commitment to lend.
