Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bucks, 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 Bucks, AL or getting it ready for the market.
Identify the new home you want to buy in Bucks, 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 Bucks, 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 Bucks, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bucks, 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 Bucks, 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 Bucks, 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 Bucks, 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 Bucks, 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 Bucks, Alabama offer several benefits to homeowners and investors. One key advantage is the ability to access quick financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can be crucial in competitive real estate markets where delays can result in missed opportunities. In terms of demographics, Bucks, Alabama is a diverse community with a mix of both young professionals and families. The area boasts a strong sense of community and a range of local amenities, making it an attractive place to live for people of all ages. The housing market in Bucks, Alabama is currently experiencing a steady increase in property values. This trend, coupled with low interest rates, makes it an opportune time for individuals seeking to invest in real estate or upgrade their current properties using bridge loans. Some of the main attractions in Bucks, Alabama include beautiful outdoor spaces, such as parks and nature trails, as well as cultural attractions like museums and theaters. The town also hosts various community events throughout the year, adding to its vibrant and welcoming atmosphere.
Benefits of Bridge Loans in Bucks, Alabama
