Get Approved at The Lowest Rate
Navigating the process of buying a new home in Adger, 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 Adger, AL or getting it ready for the market.
Identify the new home you want to buy in Adger, 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 Adger, 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 Adger, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Adger, 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 Adger, 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 Adger, 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 Adger, 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 Adger, 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!
Bridge loans in Adger, Alabama offer numerous benefits for homebuyers. These short-term loans provide quick financing to bridge the gap between the purchase of a new property and the sale of the current one. This helps buyers secure their dream home without the need to wait for their existing property to sell, avoiding missed opportunities in a competitive market. Located in Jefferson County, Adger, Alabama has a diverse population with a mix of young professionals, families, and retirees. The area boasts a strong sense of community and pride, with a range of amenities including schools, parks, and local businesses. The cost of living is relatively affordable, making Adger an attractive place to live for various demographic groups. The housing market in Adger is stable, with a mix of single-family homes, townhouses, and apartments available for sale and rent. The median home price is reasonable, offering opportunities for first-time buyers and investors alike. The market is competitive but not overly saturated, providing a balanced environment for both buyers and sellers. Adger, Alabama is surrounded by scenic natural beauty, including picturesque parks, hiking trails, and waterways. Residents can enjoy outdoor activities such as fishing, boating, and picnicking. The community also hosts local events and festivals throughout the year, showcasing the area's rich culture and history.
Bridge Loans in Adger, Alabama
