Get Approved at The Lowest Rate
Navigating the process of buying a new home in Dutton, 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 Dutton, AL or getting it ready for the market.
Identify the new home you want to buy in Dutton, 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 Dutton, 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 Dutton, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dutton, 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 Dutton, 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 Dutton, 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 Dutton, 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 Dutton, 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 Dutton, Alabama provide a valuable financial solution for individuals looking to purchase a new home before selling their existing one. This type of loan offers short-term financing that can bridge the gap between the purchase of a new property and the sale of the current one, allowing buyers to secure their new home quickly. Demographically, Dutton, Alabama, is a charming town with a population of approximately XXXX residents. The community is known for its tight-knit feel and friendly atmosphere, making it a desirable place to live for families and individuals alike. The town boasts a diverse population, creating a welcoming environment for all who call it home. In terms of the housing market, Dutton, Alabama, offers a range of housing options to suit various needs and budgets. From cozy single-family homes to spacious estates, the town provides a diverse selection of properties for potential buyers. Bridge loans can help individuals take advantage of these housing opportunities by providing the necessary financial support to make a move when needed. Some of the main attractions in Dutton, Alabama, include the picturesque XXXX Falls, which offers stunning views and outdoor recreational opportunities for residents and visitors alike. Additionally, the town is home to a vibrant downtown area with local shops, restaurants, and community events that showcase the unique charm of Dutton.
Benefits of Bridge Loans in Dutton, Alabama
