Get Approved at The Lowest Rate
Navigating the process of buying a new home in East Tallassee, 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 East Tallassee, AL or getting it ready for the market.
Identify the new home you want to buy in East Tallassee, 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 East Tallassee, 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 East Tallassee, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in East Tallassee, 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 East Tallassee, 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 East Tallassee, 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 East Tallassee, 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 East Tallassee, 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 East Tallassee, Alabama provide a valuable financing option for homebuyers by offering quick access to funds to purchase a new home before selling their existing one. This helps avoid the stress of timing constraints and enables a seamless transition without the need for a contingency offer. East Tallassee, Alabama, known for its rich history and friendly community, boasts a diverse population with a mix of families, young professionals, and retirees. The area's affordable cost of living and low crime rates make it an attractive destination for those seeking a peaceful yet vibrant neighborhood. The housing market in East Tallassee, Alabama, is experiencing steady growth, with a range of housing options available to cater to different preferences and budgets. The median home price is competitive, making it an ideal location for first-time homebuyers and investors looking for promising real estate opportunities. Some of the main attractions in East Tallassee include the picturesque Lake Tallassee, perfect for outdoor enthusiasts and water activities. The city also offers charming local shops, restaurants serving Southern cuisine, and cultural events that showcase its unique heritage and sense of community.
The Benefits of Bridge Loans in East Tallassee, Alabama
