Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mathews, 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 Mathews, AL or getting it ready for the market.
Identify the new home you want to buy in Mathews, 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 Mathews, 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 Mathews, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mathews, 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 Mathews, 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 Mathews, 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 Mathews, 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 Mathews, 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 Mathews, Alabama offer quick and convenient financing solutions for homebuyers, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This flexibility can be especially beneficial in competitive real estate markets, giving buyers a distinct advantage. Mathews, Alabama, is a diverse community with a population of approximately X,XXX residents. The town boasts a mix of rural charm and urban amenities, making it an attractive place to live for families, professionals, and retirees alike. The housing market in Mathews is dynamic, with a range of properties available to suit different budgets and preferences. The median home price in Mathews is $XXX,XXX, with a steady appreciation rate over the years. Bridge loans can help buyers secure their dream home in this competitive market. Mathews, Alabama, is home to a variety of attractions, including historical sites, parks, and recreational facilities. The town's rich history and natural beauty make it a desirable place to live and explore, offering residents a high quality of life.
The Benefits of Bridge Loans in Mathews, Alabama
