Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lisman, 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 Lisman, AL or getting it ready for the market.
Identify the new home you want to buy in Lisman, 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 Lisman, 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 Lisman, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lisman, 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 Lisman, 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 Lisman, 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 Lisman, 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 Lisman, 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 Lisman, Alabama offer a unique opportunity for homeowners and buyers by providing short-term financing solutions that can bridge the gap between the purchase of a new property and the sale of an existing one. These loans offer flexibility and convenience, allowing individuals to secure funds quickly to seize investment opportunities or overcome financial challenges. Demographics in Lisman, Alabama represent a vibrant community with a mix of residents, including families, professionals, and retirees. The area boasts a diverse cultural heritage and a close-knit neighborhood feel, making it an attractive place to live and invest in property. The housing market in Lisman, Alabama is showing promising signs of growth and stability. With an increasing demand for housing, property values are expected to rise steadily, offering homeowners and investors the potential for long-term appreciation and solid returns on their investments. Main attractions in Lisman, Alabama include picturesque natural scenery, local parks, historical landmarks, and vibrant community events. From outdoor adventures to cultural experiences, the town offers a range of activities for residents and visitors alike, making it a desirable place to call home or visit.
Benefits of Bridge Loans in Lisman, Alabama
