Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cuba, 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 Cuba, AL or getting it ready for the market.
Identify the new home you want to buy in Cuba, 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 Cuba, 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 Cuba, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cuba, 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 Cuba, 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 Cuba, 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 Cuba, 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 Cuba, 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 Cuba, Alabama offer quick and convenient financing solutions for individuals looking to purchase a new property before selling their current one. This form of short-term financing helps bridge the gap between the purchase of a new home and the sale of an existing property. Demographics: Cuba, Alabama, is a charming town with a population of approximately 350 residents. The community is known for its tight-knit feel and friendly neighbors. The town has a mix of young families, professionals, and retirees, creating a diverse and welcoming atmosphere. Housing Market: The housing market in Cuba, Alabama, is stable with a variety of housing options available. From historic homes with Southern charm to modern properties, there is something for everyone. Bridge loans can help prospective buyers secure their dream home in this competitive market. Main Attractions: Cuba, Alabama, is known for its scenic beauty and outdoor recreational opportunities. Residents and visitors can enjoy hiking trails, fishing spots, and local parks. The town also hosts community events and festivals that celebrate the area's culture and heritage.
Benefits of Bridge Loans in Cuba, Alabama
