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Navigating the process of buying a new home in Fort Rucker, 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 Fort Rucker, AL or getting it ready for the market.
Identify the new home you want to buy in Fort Rucker, 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 Fort Rucker, 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 Fort Rucker, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fort Rucker, 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 Fort Rucker, 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 Fort Rucker, 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 Fort Rucker, 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 Fort Rucker, 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 Fort Rucker, Alabama offer a convenient financing solution for individuals looking to purchase a new home before selling their current one. These loans bridge the gap between the sale of the existing property and the purchase of a new one, providing financial flexibility and avoiding the need for a contingency sale. Demographics Fort Rucker, Alabama, has a diverse population with a mix of military personnel, civilians, and families. The community values education, with good schools and opportunities for higher learning. The area enjoys a moderate cost of living, making it an attractive option for families and young professionals. Housing Market The housing market in Fort Rucker offers a range of options, from single-family homes to apartments and townhouses. With affordable prices and a stable market, it's an ideal location for those looking to invest in real estate. Bridge loans can help buyers seize opportunities in this competitive market. Main Attractions Fort Rucker is home to the U.S. Army Aviation Center of Excellence, drawing aviation enthusiasts and history buffs. The area boasts beautiful outdoor spaces, including parks and lakes, perfect for outdoor activities and family outings. Additionally, the nearby city of Dothan offers shopping, dining, and cultural attractions.
Benefits of Bridge Loans in Fort Rucker, Alabama
