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Navigating the process of buying a new home in Autaugaville, 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 Autaugaville, AL or getting it ready for the market.
Identify the new home you want to buy in Autaugaville, 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 Autaugaville, 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 Autaugaville, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Autaugaville, 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 Autaugaville, 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 Autaugaville, 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 Autaugaville, 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 Autaugaville, 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 Autaugaville offer a vital financial solution for homeowners who are looking to purchase a new property before selling their current one. These short-term loans provide flexibility and quick access to funds, allowing individuals to bridge the gap between buying and selling without having to miss out on their dream home. Demographically, Autaugaville is a charming town located in Autauga County, Alabama, with a population of around 800 residents. The community is known for its tight-knit feel and friendly atmosphere. The town has a mix of young families, retirees, and professionals, creating a diverse and welcoming environment. The housing market in Autaugaville is characterized by a variety of single-family homes, ranging from historic properties to modern constructions. The market has seen steady growth in recent years, with affordable prices compared to neighboring areas. Bridge loans can be particularly advantageous in this market, allowing buyers to act quickly in competitive situations. Main attractions in Autaugaville include the picturesque Autauga Creek, perfect for outdoor enthusiasts looking to enjoy kayaking, fishing, or simply strolling along its banks. The town also boasts a strong sense of community, with local events and festivals that bring residents together throughout the year.
Benefits of Bridge Loans in Autaugaville, Alabama
