Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hazel Green, 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 Hazel Green, AL or getting it ready for the market.
Identify the new home you want to buy in Hazel Green, 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 Hazel Green, 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 Hazel Green, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hazel Green, 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 Hazel Green, 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 Hazel Green, 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 Hazel Green, 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 Hazel Green, 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 Hazel Green, Alabama offer borrowers a flexible financing option that enables them to bridge the gap between selling their current home and purchasing a new one. These loans provide quick access to funds, allowing homeowners to make a competitive offer on a new property without waiting for their existing home to sell. Demographically, Hazel Green, Alabama, is a charming rural town with a population that enjoys a peaceful and close-knit community. Known for its scenic beauty and friendly atmosphere, the town attracts families and individuals looking for a quiet retreat while still being close to urban amenities. In terms of the housing market, the Hazel Green area offers a mix of housing options, including spacious single-family homes, cozy townhouses, and sprawling properties with vast lands. The market is competitive, with a variety of homes available at different price points, making it an ideal location for potential buyers seeking residences of varying sizes and styles. Main attractions in Hazel Green include the beautiful Joe Wheeler State Park, perfect for outdoor enthusiasts, the historic Hazel Green Academy, providing a glimpse into the town's past, and the local farmers' markets, offering fresh produce and artisanal goods to residents and visitors alike.
The Benefits of Bridge Loans in Hazel Green, Alabama
