Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fackler, 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 Fackler, AL or getting it ready for the market.
Identify the new home you want to buy in Fackler, 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 Fackler, 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 Fackler, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fackler, 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 Fackler, 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 Fackler, 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 Fackler, 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 Fackler, 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 offer quick financing solutions for individuals looking to purchase a new home before selling their current one. In a competitive market like Fackler, Alabama, these loans provide flexibility and enable buyers to secure their dream homes without the pressure of selling first. Demographics: Fackler, Alabama, has a small population of approximately 1,500 residents. The community is close-knit, with a mix of families, retirees, and young professionals. The area offers a peaceful and rural lifestyle, perfect for those seeking a slower pace of living. Housing Market: The housing market in Fackler, Alabama, is stable with a variety of single-family homes and spacious properties available. Bridge loans can benefit buyers by providing the necessary funds to secure a property quickly, especially in a market where homes may receive multiple offers. Main Attractions: Fackler, Alabama, is known for its scenic beauty and outdoor recreational activities. Residents can enjoy hiking trails, fishing spots, and stunning mountain views. The close proximity to natural attractions makes Fackler an ideal location for nature lovers and outdoor enthusiasts.
Benefits of Bridge Loans in Fackler, Alabama
