Get Approved at The Lowest Rate
Navigating the process of buying a new home in Castleberry, 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 Castleberry, AL or getting it ready for the market.
Identify the new home you want to buy in Castleberry, 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 Castleberry, 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 Castleberry, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Castleberry, 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 Castleberry, 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 Castleberry, 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 Castleberry, 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 Castleberry, 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 Castleberry, Alabama offer numerous benefits to homebuyers and investors. These short-term loans provide quick financing to bridge the gap between the purchase of a new property and the sale of an existing one, allowing buyers to secure their dream home without waiting for their current property to sell. Castleberry, Alabama, is a charming town with a population that values community and a laid-back lifestyle. The town's residents are diverse in age and background, creating a welcoming and inclusive atmosphere for both families and retirees. The housing market in Castleberry offers a mix of historic homes, modern developments, and spacious plots of land. With the help of bridge loans, buyers can take advantage of the diverse real estate options in the area and invest in properties that suit their needs and preferences. Main attractions in Castleberry include the picturesque Castleberry Historic District, where visitors can admire the town's well-preserved architecture and learn about its rich history. Outdoor enthusiasts can enjoy activities like hiking, fishing, and camping at nearby parks and natural areas, making Castleberry an ideal destination for nature lovers.
Bridge Loans in Castleberry, Alabama
