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Navigating the process of buying a new home in Jacksons Gap, 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 Jacksons Gap, AL or getting it ready for the market.
Identify the new home you want to buy in Jacksons Gap, 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 Jacksons Gap, 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 Jacksons Gap, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Jacksons Gap, 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 Jacksons Gap, 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 Jacksons Gap, 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 Jacksons Gap, 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 Jacksons Gap, 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 the advantage of providing quick financing for homebuyers in Jacksons Gap, Alabama, allowing them to secure a new property before selling their existing one. This can prevent them from missing out on great opportunities and enables a smoother transition between homes. Demographics Jacksons Gap is a small town in Tallapoosa County with a population of around 1,700 residents. The community is known for its friendly atmosphere and tight-knit neighborhoods, making it an ideal place for families and retirees looking for a peaceful lifestyle. Housing Market The housing market in Jacksons Gap offers a mix of single-family homes and waterfront properties along Lake Martin. With relatively affordable prices compared to nearby urban areas, the town presents a great opportunity for homeowners seeking a serene environment with picturesque views. Main Attractions Some of the main attractions in Jacksons Gap include Lake Martin, a popular spot for boating and fishing enthusiasts, as well as the Horseshoe Bend National Military Park, which commemorates a significant battle of the Creek War. Residents also enjoy the town's local shops and restaurants, adding to its charm.
Benefits of Bridge Loans in Jacksons Gap, Alabama
