Get Approved at The Lowest Rate
Navigating the process of buying a new home in Greenville, 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 Greenville, AL or getting it ready for the market.
Identify the new home you want to buy in Greenville, 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 Greenville, 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 Greenville, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Greenville, 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 Greenville, 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 Greenville, 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 Greenville, 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 Greenville, 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 Greenville, Alabama offer quick and convenient financing options for homebuyers allowing them to purchase a new property before selling their existing one. This helps avoid missed opportunities and ensures a smoother transition between homes. Demographically, Greenville, Alabama, is a charming town with a population of approximately 7,000 residents. The community is known for its friendly atmosphere and strong sense of neighborly spirit, making it an ideal place for families and individuals looking for a close-knit community. In terms of the housing market, Greenville, Alabama, offers a diverse range of properties at affordable prices. The market caters to various budget ranges, ensuring that there is a home for every buyer, whether they are looking for a cozy bungalow or a spacious family residence. Some main attractions in Greenville include the beautiful Sherling Lake Park, which offers fishing, picnic areas, and hiking trails for outdoor enthusiasts. History buffs can explore the Greenville Historic District, featuring well-preserved buildings that showcase the town's rich heritage and architecture.
Bridge Loans Benefits in Greenville, Alabama
