Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lawley, 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 Lawley, AL or getting it ready for the market.
Identify the new home you want to buy in Lawley, 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 Lawley, 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 Lawley, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lawley, 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 Lawley, 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 Lawley, 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 Lawley, 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 Lawley, 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 Lawley, Alabama offer numerous advantages, such as providing quick access to funds for buying a new home before selling the current one. This financial tool bridges the gap between the sale of your old property and the purchase of a new one, preventing you from missing out on your dream home. Lawley, Alabama, located in Bibb County, has a population that predominantly consists of families and professionals seeking a peaceful and close-knit community to reside in. The area boasts a moderate cost of living, good schools, and various recreational activities, making it an attractive location for both young families and retirees. The housing market in Lawley is stable, with a mix of single-family homes, townhouses, and apartments available at affordable prices. The real estate market offers a range of options for buyers, from cozy starter homes to spacious properties with ample land. Additionally, the demand for housing in Lawley remains steady, making it a favorable environment for both buyers and sellers. Lawley, Alabama, offers a variety of attractions for residents and visitors alike. From outdoor activities like hiking and fishing in the scenic surroundings to exploring historical sites and local eateries, there is something for everyone in Lawley. The proximity to natural parks and recreational areas adds to the appeal of living in this charming town.
Benefits of Bridge Loans in Lawley, Alabama
