Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mexia, 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 Mexia, AL or getting it ready for the market.
Identify the new home you want to buy in Mexia, 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 Mexia, 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 Mexia, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mexia, 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 Mexia, 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 Mexia, 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 Mexia, 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 Mexia, 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 Benefits: Bridge loans provide quick financing solutions for individuals looking to purchase a new property before selling their existing one. In Mexia, Alabama, these loans offer a seamless transition, enabling homeowners to secure their dream home without delays. Demographics: Mexia is a vibrant community in Alabama with a diverse population. The town boasts a mix of young families, professionals, and retirees, creating a rich tapestry of cultural backgrounds and experiences. Housing Market: Mexia's housing market is competitive yet offers a range of options for potential buyers. With the help of bridge loans, individuals can take advantage of favorable interest rates and flexible repayment terms to invest in the property of their choice. Main Attractions: Mexia is known for its picturesque landscapes and outdoor recreational activities. Residents and visitors can enjoy hiking trails, local parks, and historical landmarks, making it an ideal place to call home.
Benefits of Bridge Loans in Mexia, Alabama
