Get Approved at The Lowest Rate
Navigating the process of buying a new home in Belle Mina, 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 Belle Mina, AL or getting it ready for the market.
Identify the new home you want to buy in Belle Mina, 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 Belle Mina, 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 Belle Mina, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Belle Mina, 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 Belle Mina, 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 Belle Mina, 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 Belle Mina, 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 Belle Mina, 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 Belle Mina, Alabama offer quick access to funds for individuals looking to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide flexibility and can be immensely helpful in securing a new home without being contingent on the sale of the old one. Demographics: Belle Mina, Alabama, is a small town with a population of around [X]. The community is known for its [mention any specific demographic features or characteristics]. Residents of Belle Mina enjoy a [describe the general atmosphere or lifestyle of the residents]. Housing Market: The housing market in Belle Mina, Alabama, is [describe the current state of the housing market - such as stable, growing, competitive, etc.]. The availability of bridge loans can make it easier for potential homebuyers to navigate the market and secure their dream home. Main Attractions: Belle Mina, Alabama, boasts [list some key attractions or landmarks in the area]. Visitors and residents alike can enjoy [mention any popular activities, events, or amenities]. The town's charm and attractions make it a desirable place to live or visit.
Benefits of Bridge Loans in Belle Mina, Alabama
