Get Approved at The Lowest Rate
Navigating the process of buying a new home in Centre, 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 Centre, AL or getting it ready for the market.
Identify the new home you want to buy in Centre, 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 Centre, 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 Centre, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Centre, 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 Centre, 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 Centre, 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 Centre, 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 Centre, 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 Centre, Alabama offer several benefits for homebuyers. These short-term loans provide the funds needed to purchase a new home before selling an existing one. They offer flexibility, allowing buyers to make a competitive offer without contingency clauses. Bridge loans also provide quick access to capital, helping buyers secure their dream home. Demographics: Centre, Alabama, has a population of approximately 3,500 residents. The town boasts a diverse community with a mix of families, young professionals, and retirees. The town's proximity to major cities like Birmingham and Chattanooga makes it an attractive location for those seeking a peaceful yet convenient lifestyle. Housing Market: Centre's housing market is characterized by a range of single-family homes, from charming cottages to spacious modern properties. The market is stable, with steady appreciation rates. Bridge loans provide buyers with the opportunity to act quickly in this competitive market, ensuring they don't miss out on their desired property. Main Attractions: Centre, Alabama, offers a relaxing lifestyle with access to outdoor attractions like Weiss Lake, known as the "Crappie Capital of the World." The town also features historical sites, parks, and local shops. With its welcoming community and natural beauty, Centre is a hidden gem in Alabama.
Benefits of Bridge Loans in Centre, Alabama
