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Navigating the process of buying a new home in Brantley, 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 Brantley, AL or getting it ready for the market.
Identify the new home you want to buy in Brantley, 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 Brantley, 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 Brantley, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brantley, 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 Brantley, 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 Brantley, 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 Brantley, 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 Brantley, 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 Brantley, Alabama offer numerous benefits for homebuyers. They provide a short-term financing option to bridge the gap between the purchase of a new home and the sale of the current one. This type of loan is especially useful in a competitive housing market where buyers need to act quickly to secure a new property. Brantley, Alabama, has a population of around 900 residents, with a median age of 43. The town boasts a strong sense of community and a low crime rate, making it an ideal place to raise a family or retire. The cost of living is affordable compared to larger cities, making Brantley an attractive option for those looking to escape the hustle and bustle. The housing market in Brantley is stable, with a good mix of single-family homes and rental properties. The median home value is around $100,000, making homeownership attainable for many. Bridge loans can help buyers take advantage of these affordable housing options without missing out on their dream home due to financial constraints. Brantley, Alabama, is known for its scenic beauty and outdoor recreational opportunities. The Conecuh National Forest offers hiking, fishing, and camping, while Lake Jackson is a popular spot for boating and water sports. Additionally, the annual Peanut Festival attracts visitors from across the state, showcasing local food, music, and crafts.
Benefits of Bridge Loans in Brantley, Alabama
