Get Approved at The Lowest Rate
Navigating the process of buying a new home in Highland Home, 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 Highland Home, AL or getting it ready for the market.
Identify the new home you want to buy in Highland Home, 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 Highland Home, 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 Highland Home, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Highland Home, 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 Highland Home, 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 Highland Home, 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 Highland Home, 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 Highland Home, 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 Highland Home, Alabama offer numerous benefits for homeowners. This short-term financing solution provides quick access to funds, allowing individuals to bridge the gap between the purchase of a new home and the sale of their current property. With competitive interest rates and flexible terms, bridge loans can be a valuable tool for those looking to secure their dream home without the stress of selling their existing one first. Highland Home, Alabama, boasts a diverse population, with a mix of young professionals, families, and retirees. The area is known for its strong sense of community and excellent schools, making it an attractive location for those looking to settle down. Additionally, the town's proximity to major cities like Montgomery provides residents with easy access to urban amenities while enjoying the tranquility of small-town living. The housing market in Highland Home, Alabama, is currently robust, with a range of options available to prospective buyers. From historic homes with Southern charm to modern developments with state-of-the-art amenities, the real estate market caters to various preferences and budgets. With a steady appreciation in property values and a relatively low cost of living compared to larger cities, Highland Home presents a unique opportunity for investment in the housing market.
Bridge Loans in Highland Home, Alabama
