Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carlton, 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 Carlton, AL or getting it ready for the market.
Identify the new home you want to buy in Carlton, 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 Carlton, 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 Carlton, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carlton, 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 Carlton, 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 Carlton, 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 Carlton, 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 Carlton, 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 quick financing solutions for homeowners in Carlton, Alabama, allowing them to secure funds for a new home purchase before selling their current property. This eliminates the need to wait for the sale of their existing home, providing more flexibility and opportunities in the real estate market. Demographics: Carlton, Alabama, is a charming town with a population of around 5,000 residents. The community is known for its tight-knit feel, friendly neighbors, and a strong sense of local pride. The town has a mix of families, professionals, and retirees, creating a diverse and welcoming atmosphere. Housing Market: The housing market in Carlton, Alabama, is competitive yet offers a variety of options for potential buyers. With the help of bridge loans, individuals can access funds to capitalize on opportunities quickly, whether they are looking for a cozy family home or a modern urban apartment. The market is stable, making it a desirable location for both investors and homeowners. Main Attractions: Carlton boasts several main attractions, including beautiful parks, historic sites, and vibrant local restaurants. Residents can enjoy outdoor activities like hiking and biking in the nearby nature reserves or explore the town's rich history through its museums and landmarks. The community also hosts regular events and festivals, bringing people together in celebration of their town's heritage and culture.
Benefits of Bridge Loans in Carlton, Alabama
