Get Approved at The Lowest Rate
Navigating the process of buying a new home in Delta, 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 Delta, AL or getting it ready for the market.
Identify the new home you want to buy in Delta, 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 Delta, 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 Delta, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Delta, 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 Delta, 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 Delta, 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 Delta, 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 Delta, 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 Delta, Alabama offer a flexible financing option for those looking to purchase a new home before selling their current one. These loans provide short-term funds to bridge the gap between the sale of the existing property and the purchase of a new one, preventing delays in moving. Demographically, Delta, Alabama, presents a vibrant community with a mix of young families and retirees. The town boasts a growing population attracted by its affordable cost of living, friendly neighborhoods, and strong sense of community. The housing market in Delta, Alabama, is thriving, with a diverse range of properties available to suit different preferences and budgets. Whether interested in historic homes with Southern charm or modern constructions, buyers can find options that meet their needs. Delta, Alabama, offers a variety of attractions for residents and visitors alike. The town is known for its picturesque natural surroundings, including hiking trails, parks, and waterways. Additionally, cultural events, local shops, and dining establishments provide entertainment and leisure options.
Benefits of Bridge Loans in Delta, Alabama
