Get Approved at The Lowest Rate
Navigating the process of buying a new home in Moulton, 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 Moulton, AL or getting it ready for the market.
Identify the new home you want to buy in Moulton, 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 Moulton, 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 Moulton, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Moulton, 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 Moulton, 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 Moulton, 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 Moulton, 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 Moulton, 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 Moulton, Alabama provide a convenient financing option for homeowners looking to purchase a new home before selling their current one. These loans offer short-term funding to bridge the gap between the sale of the existing property and the purchase of a new one. This flexibility allows individuals to avoid the stress of coordinating closing dates and enables them to secure their dream home without delays. Demographics in Moulton, Alabama, showcase a diverse community with a mix of age groups and professions. The population of approximately 3,500 residents is known for its welcoming atmosphere and community spirit. With a range of housing options available, Moulton attracts both families and retirees looking for a peaceful Southern living experience. The housing market in Moulton, Alabama, offers a variety of opportunities for buyers and sellers alike. With a median home price below the national average, Moulton presents an affordable option for those seeking a cozy home in a charming town. The market stability and steady growth make it an attractive location for real estate investments. Main attractions in Moulton, Alabama, include the historic Oakville Indian Mounds Education Center, where visitors can explore the ancient Native American site. Nature enthusiasts can enjoy the serene surroundings of Bankhead National Forest and the beautiful Sipsey Wilderness. Additionally, local festivals and events celebrate the town's rich heritage and culture, providing entertainment for residents and visitors.
Benefits of Bridge Loans in Moulton, Alabama
