Get Approved at The Lowest Rate
Navigating the process of buying a new home in Jones, 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 Jones, AL or getting it ready for the market.
Identify the new home you want to buy in Jones, 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 Jones, 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 Jones, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Jones, 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 Jones, 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 Jones, 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 Jones, 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 Jones, 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 a quick and convenient financial solution for homeowners in Jones, Alabama, who are looking to purchase a new home before selling their current one. This type of loan provides the flexibility needed to secure a new property without the pressure of immediately selling the existing one. It allows homeowners to avoid delays and uncertainties in the buying process. Jones, Alabama, is a vibrant community with a diverse population. The town boasts a mix of young professionals, families, and retirees, creating a dynamic environment. With a strong sense of community and a low crime rate, Jones is a safe and welcoming place for residents of all ages. The town's proximity to major cities like Birmingham and Montgomery also makes it an attractive location for those seeking a peaceful yet convenient lifestyle. The housing market in Jones, Alabama, is characterized by a mix of historic homes and modern developments. Property prices are relatively affordable compared to neighboring areas, making it an appealing option for first-time buyers and investors. The market is stable, with steady appreciation rates over the years. With the help of bridge loans, buyers can take advantage of the favorable market conditions and secure their dream home in Jones.
The Benefits of Bridge Loans in Jones, Alabama
