Get Approved at The Lowest Rate
Navigating the process of buying a new home in Gallion, 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 Gallion, AL or getting it ready for the market.
Identify the new home you want to buy in Gallion, 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 Gallion, 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 Gallion, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gallion, 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 Gallion, 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 Gallion, 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 Gallion, 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 Gallion, 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 Gallion, Alabama offer numerous benefits to homebuyers and sellers. These short-term loans provide financial flexibility, allowing individuals to bridge the gap between the purchase of a new home and the sale of their current property. With quick approval and competitive interest rates, bridge loans are an attractive option for those looking to secure a new home without the stress of timing the sale of their existing property. Demographics Gallion, Alabama, with its population of approximately 400 residents, offers a tight-knit community atmosphere perfect for families and individuals seeking a peaceful, rural lifestyle. The town boasts a diverse population, with a mix of ages and backgrounds creating a welcoming environment for newcomers. Housing Market The housing market in Gallion, Alabama, presents a range of opportunities for buyers and sellers. With a median home price below the national average, the town offers affordable housing options in serene surroundings. The market shows stability and potential for growth, making it an appealing location for real estate investment. Main Attractions Gallion, Alabama, is known for its scenic beauty and outdoor recreational activities. Residents and visitors can enjoy hiking and fishing in the nearby Cahaba River National Wildlife Refuge or explore the historic sites and charming downtown area. The town's rich history and natural landscapes make it a unique and desirable place to call home.
Benefits of Bridge Loans in Gallion, Alabama
