Get Approved at The Lowest Rate
Navigating the process of buying a new home in Brundidge, 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 Brundidge, AL or getting it ready for the market.
Identify the new home you want to buy in Brundidge, 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 Brundidge, 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 Brundidge, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brundidge, 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 Brundidge, 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 Brundidge, 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 Brundidge, 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 Brundidge, 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 Brundidge, Alabama offer a flexible financing solution that can help individuals bridge the gap between the purchase of a new property and the sale of their existing one. This allows for smoother transitions without the stress of timing constraints often associated with real estate transactions. Brundidge, Alabama, boasts a diverse demographic mix with a strong sense of community. The population is characterized by a blend of age groups, with opportunities for both young families and retirees. This inclusive environment contributes to a welcoming and dynamic lifestyle. The housing market in Brundidge, Alabama, presents a range of options from charming historic homes to modern developments. The median home value is competitive, providing affordable housing options for residents. With the steady growth of the real estate market, investing in Brundidge offers potential for future value appreciation. Brundidge, Alabama, features several main attractions that make it a desirable place to live. From historic sites like the Bass House to outdoor recreational areas such as the Pike County Lake, residents and visitors can enjoy a mix of cultural and leisure activities.
Benefits of Bridge Loans in Brundidge, Alabama
