Get Approved at The Lowest Rate
Navigating the process of buying a new home in Minter, 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 Minter, AL or getting it ready for the market.
Identify the new home you want to buy in Minter, 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 Minter, 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 Minter, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Minter, 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 Minter, 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 Minter, 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 Minter, 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 Minter, 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 Minter, Alabama provide a valuable financial tool for individuals looking to purchase a new home before selling their current one. These loans offer flexibility and quick access to funds, helping bridge the gap between buying and selling. They can be a great solution for those needing short-term financing with minimal hassle. Minter, Alabama, located in Lowndes County, has a diverse demographic makeup with a mix of families, young professionals, and retirees. The town offers a close-knit community feel with access to various amenities, schools, and recreational facilities. Its population is known for its friendly and welcoming nature. The housing market in Minter presents a range of options for potential homebuyers, from historic properties to modern developments. With competitive pricing and a stable real estate market, investing in a property in Minter can be a smart choice. Bridge loans can aid in securing a new home swiftly, taking advantage of the favorable market conditions.
Bridge Loans in Minter, Alabama
