Get Approved at The Lowest Rate
Navigating the process of buying a new home in Belk, 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 Belk, AL or getting it ready for the market.
Identify the new home you want to buy in Belk, 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 Belk, 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 Belk, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Belk, 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 Belk, 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 Belk, 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 Belk, 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 Belk, 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 offer a convenient solution for homeowners in Belk, Alabama, who need short-term financing to transition between the purchase of a new home and the sale of their existing property. These loans provide immediate access to funds, allowing individuals to secure a new home without being contingent on selling their current one. Demographics: Belk, Alabama, has a diverse population with a mix of young families and retirees. The town boasts a close-knit community atmosphere, with friendly neighbors and a range of local amenities that cater to residents of all ages. Housing Market: The housing market in Belk, Alabama, is characterized by a mix of traditional single-family homes and newer developments. With a steady demand for housing and a limited inventory, property values have remained stable, making it an attractive location for real estate investments. Main Attractions: Belk, Alabama, offers a peaceful small-town environment with access to outdoor recreational activities such as hiking, fishing, and camping. The town also features charming local shops, cafes, and parks that add to its appeal as a desirable place to live.
Benefits of Bridge Loans in Belk, Alabama
