Get Approved at The Lowest Rate
Navigating the process of buying a new home in Heflin, 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 Heflin, AL or getting it ready for the market.
Identify the new home you want to buy in Heflin, 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 Heflin, 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 Heflin, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Heflin, 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 Heflin, 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 Heflin, 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 Heflin, 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 Heflin, 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 numerous benefits to residents of Heflin, Alabama. These short-term loans provide quick and flexible financing solutions for individuals looking to buy a new home before selling their existing one. They help alleviate the financial burden of owning two properties at once, making the transition smoother and less stressful. Heflin is a charming town located in Cleburne County with a population of around 3,500 residents. The community is close-knit, and the area boasts a low crime rate, making it an ideal place to raise a family or retire peacefully. The town's southern hospitality, scenic views, and proximity to nature offer a high quality of life for its residents. The housing market in Heflin is diverse, with options ranging from historic homes to modern developments. The median home value is affordable compared to neighboring cities, making it an attractive location for first-time homebuyers or those looking to downsize. With the help of bridge loans, residents can take advantage of the favorable market conditions and secure their dream home. Heflin offers a variety of attractions for residents and visitors alike. The town is home to Cheaha State Park, the highest point in Alabama, which provides opportunities for hiking, camping, and breathtaking views. Additionally, Lake Cleburne offers water activities such as fishing and boating, while the town square features local shops and eateries for a taste of small-town charm.
Benefits of Bridge Loans in Heflin, Alabama
