Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hardaway, 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 Hardaway, AL or getting it ready for the market.
Identify the new home you want to buy in Hardaway, 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 Hardaway, 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 Hardaway, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hardaway, 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 Hardaway, 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 Hardaway, 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 Hardaway, 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 Hardaway, 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 Hardaway, Alabama offer flexibility to homebuyers. These short-term loans bridge the gap between the purchase of a new property and the sale of an existing one. They provide the advantage of quick funding, enabling buyers to make competitive offers in a fast-paced market without contingency clauses. Hardaway, Alabama, located in Macon County, has a population of approximately 500 residents. The community boasts a peaceful environment with a small-town feel, making it an ideal place for families and retirees looking for a serene lifestyle away from the hustle and bustle of the city. The housing market in Hardaway is characterized by a mix of historic homes, modern developments, and expansive rural properties. With the median home value standing at $150,000, the market offers affordable housing options for various budgets, attracting both first-time buyers and investors looking for growth potential. Hardaway, Alabama is home to several attractions that showcase its rich history and natural beauty. The Tuskegee National Forest, located nearby, provides opportunities for outdoor activities such as hiking, camping, and fishing. Additionally, the historic Tuskegee Institute and the Tuskegee Airmen National Historic Site offer insights into the area's significant cultural heritage.
Bridge Loans in Hardaway, Alabama
