Get Approved at The Lowest Rate
Navigating the process of buying a new home in Leighton, 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 Leighton, AL or getting it ready for the market.
Identify the new home you want to buy in Leighton, 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 Leighton, 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 Leighton, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Leighton, 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 Leighton, 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 Leighton, 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 Leighton, 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 Leighton, 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 Leighton, Alabama offer numerous benefits to individuals seeking temporary financing solutions. These loans provide quick access to funds, allowing borrowers to bridge financial gaps during real estate transactions. With flexible terms and competitive rates, bridge loans can be a valuable tool for those looking to purchase a new home before selling their current one. The demographics of Leighton, Alabama, showcase a diverse community with a mix of age groups and backgrounds. The town has a strong sense of community and offers a range of amenities for residents. With a growing population and a thriving economy, Leighton is an attractive location for individuals and families looking to settle down in a welcoming environment. The housing market in Leighton, Alabama, is dynamic and offers a variety of options for homebuyers. From historic properties to modern developments, the town boasts a range of housing styles to suit different preferences. With steady growth in property values and a stable market, investing in real estate in Leighton can be a lucrative opportunity for buyers.
Benefits of Bridge Loans in Leighton, Alabama
