Get Approved at The Lowest Rate
Navigating the process of buying a new home in Headland, 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 Headland, AL or getting it ready for the market.
Identify the new home you want to buy in Headland, 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 Headland, 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 Headland, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Headland, 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 Headland, 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 Headland, 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 Headland, 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 Headland, 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 offer quick access to funds for purchasing a new home before selling the old one, providing financial flexibility and enabling buyers to make competitive offers. Headland, Alabama, is a charming city with a population of around 4,000 residents. The demographic consists of primarily families and professionals seeking a peaceful community with great schools and a strong sense of community. The housing market in Headland is stable with a variety of properties available, from historic homes to modern builds. The average home price is around $150,000, making it an affordable option for buyers looking to invest in real estate. Main attractions in Headland include the Headland Country Club, where residents can enjoy golfing and social events, as well as the Headland Public Library and various parks that offer recreational activities for all ages.
Benefits of Bridge Loans in Headland, Alabama
