Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cardiff, 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 Cardiff, AL or getting it ready for the market.
Identify the new home you want to buy in Cardiff, 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 Cardiff, 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 Cardiff, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cardiff, 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 Cardiff, 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 Cardiff, 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 Cardiff, 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 Cardiff, 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 Cardiff, Alabama offer a temporary financing solution for homeowners who wish to purchase a new home before selling their current one. This allows for a seamless transition without the need to wait for the sale of the existing property. Cardiff, Alabama, boasts a diverse population with a mix of families, young professionals, and retirees. The area is known for its friendly community atmosphere and strong sense of local pride. The housing market in Cardiff, Alabama, is stable with reasonable prices and attractive inventory. Bridge loans provide homeowners with the flexibility to take advantage of favorable market conditions and secure their dream home without the constraints of traditional financing. Main attractions in Cardiff, Alabama, include picturesque parks, quaint shops, and local restaurants serving delicious Southern cuisine. Residents and visitors can enjoy outdoor activities like hiking, fishing, and exploring the beautiful natural surroundings.
Benefits of Bridge Loans in Cardiff, Alabama
