Get Approved at The Lowest Rate
Navigating the process of buying a new home in Abernant, AL 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 Abernant, AL or getting it ready for the market.
Identify the new home you want to buy in Abernant, AL, 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 Abernant, AL 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 Abernant, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Abernant, AL. 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 Abernant, AL 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 Abernant, AL 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 Abernant, AL 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 Abernant, AL to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
A bridge loan in Abernant, Alabama, can offer immediate financial support to homeowners looking to purchase a new property before selling their current one. This type of loan bridges the gap between the sale of the old property and the purchase of the new one, allowing for a smooth transition without the need to wait for the old property to sell. Demographically, Abernant is a small town in Alabama with a close-knit community. The population is diverse, with a mix of families, young professionals, and retirees. The town offers a peaceful and serene environment, making it an attractive place for those looking to settle in a quiet and friendly neighborhood. When it comes to the housing market, Abernant provides a range of options for buyers. The market is stable, with a variety of single-family homes and townhouses available. The average home prices are competitive, making it an affordable option for first-time homebuyers and those looking to invest in property. Abernant boasts several main attractions, including beautiful parks, historical sites, and local eateries. Residents can enjoy outdoor activities such as hiking, fishing, and picnicking at the nearby parks, while history enthusiasts can explore the town's rich heritage through its museums and landmarks. Additionally, Abernant's dining scene offers a mix of traditional Southern cuisine and modern culinary experiences.
Benefits of Bridge Loans in Abernant, Alabama
