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Navigating the process of buying a new home in Irvington, 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 Irvington, AL or getting it ready for the market.
Identify the new home you want to buy in Irvington, 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 Irvington, 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 Irvington, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Irvington, 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 Irvington, 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 Irvington, 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 Irvington, 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 Irvington, 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 Irvington, Alabama offer a crucial financial lifeline for individuals looking to buy a new home before selling their existing one. These loans provide the flexibility to make a quick purchase without being tied down by the sale of the current property. They can help bridge the financial gap between two transactions, ensuring a smooth transition without the stress of timing constraints. Demographics: Irvington, Alabama, is a charming town with a diverse population. The community is known for its friendly residents, strong sense of belonging, and a mix of rural and suburban lifestyles. The town has a rich history and a growing economy, making it an attractive place to live for families and professionals alike. Housing Market: The housing market in Irvington, Alabama, is dynamic and offers a range of options for buyers. With the help of bridge loans, individuals can take advantage of the variety of properties available, from historic homes to modern developments. The market is competitive, but bridge loans provide buyers with the edge they need to secure their dream home. Main Attractions: Irvington, Alabama, boasts a range of attractions for residents and visitors. From scenic parks and outdoor recreational areas to local shops and restaurants, there is something for everyone to enjoy. The town's close-knit community and welcoming atmosphere make it a desirable place to call home.
Benefits of Bridge Loans in Irvington, Alabama
