Get Approved at The Lowest Rate
Navigating the process of buying a new home in Brownsboro, 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 Brownsboro, AL or getting it ready for the market.
Identify the new home you want to buy in Brownsboro, 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 Brownsboro, 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 Brownsboro, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brownsboro, 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 Brownsboro, 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 Brownsboro, 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 Brownsboro, 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 Brownsboro, 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 flexible financing option for homeowners in Brownsboro, Alabama, allowing them to purchase a new home before selling their current one. This eliminates the stress of coordinating closing dates and provides quick access to funds. Demographically, Brownsboro is a diverse community with a mix of young professionals, families, and retirees. The area boasts a strong sense of community spirit, with local events and activities that cater to residents of all ages. In terms of the housing market, Brownsboro offers a range of options, from historic homes to modern developments. The market is currently stable, with steady appreciation rates, making it an attractive location for both buyers and sellers. Main attractions in Brownsboro include beautiful natural landscapes, such as the Monte Sano State Park and the nearby Flint River. Residents can also enjoy a variety of dining options, shopping centers, and cultural amenities in the area.
Benefits of Bridge Loans in Brownsboro, Alabama
