Get Approved at The Lowest Rate
Navigating the process of buying a new home in Butler, 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 Butler, AL or getting it ready for the market.
Identify the new home you want to buy in Butler, 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 Butler, 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 Butler, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Butler, 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 Butler, 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 Butler, 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 Butler, 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 Butler, 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 residents of Butler, Alabama a crucial lifeline during times of financial need. These short-term loans provide immediate funds to bridge the gap between selling a current home and purchasing a new one. With low-interest rates and flexible terms, bridge loans offer convenience and financial stability to homeowners in Butler. Demographics: Butler, Alabama, is a charming rural town with a population that values community and family. The town has a mix of residents of different ages and backgrounds, creating a diverse and welcoming atmosphere. The cost of living in Butler is affordable, making it an attractive option for those looking to settle down in a tight-knit community. Housing Market: The housing market in Butler, Alabama, is stable and offers a variety of housing options to suit different preferences and budgets. With the help of bridge loans, residents can take advantage of favorable market conditions to buy their dream home or invest in properties for future growth. Main Attractions: Butler, Alabama, boasts a range of attractions for residents and visitors alike. From picturesque parks and historic landmarks to local shops and restaurants, there is something for everyone to enjoy. The town's close-knit community and friendly atmosphere make it a wonderful place to call home.
Benefits of Bridge Loans in Butler, Alabama
