Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lapine, 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 Lapine, AL or getting it ready for the market.
Identify the new home you want to buy in Lapine, 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 Lapine, 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 Lapine, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lapine, 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 Lapine, 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 Lapine, 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 Lapine, 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 Lapine, 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 Lapine, Alabama offer a crucial financial lifeline to homebuyers who want to purchase a new home before selling their existing one. These loans provide temporary financing that bridges the gap between the sale of the current property and the purchase of a new one, allowing buyers to secure their dream home without the stress of a contingency deal. Lapine, Alabama, a charming small town with a population of around 1,000 residents, boasts a tight-knit community feel and a peaceful, suburban atmosphere. The town's demographics are primarily composed of families and retirees looking for a serene place to call home. The housing market in Lapine, Alabama, is a promising one for both buyers and sellers. With a median home price below the national average and a steady increase in property values, investing in real estate in Lapine can be a lucrative opportunity. The availability of bridge loans enhances the market dynamics, facilitating seamless transactions for buyers. While Lapine may be a small town, it offers a range of attractions for residents and visitors alike. The town is known for its picturesque outdoor spaces, including parks and nature trails, making it ideal for outdoor enthusiasts. Additionally, Lapine is located near historical sites and cultural landmarks, providing a rich tapestry of experiences for its residents.
Benefits of Bridge Loans in Lapine, Alabama
