Get Approved at The Lowest Rate
Navigating the process of buying a new home in Moundville, 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 Moundville, AL or getting it ready for the market.
Identify the new home you want to buy in Moundville, 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 Moundville, 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 Moundville, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Moundville, 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 Moundville, 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 Moundville, 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 Moundville, 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 Moundville, 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 Moundville, Alabama come with various benefits. These short-term loans offer a convenient financing solution for homeowners who are looking to purchase a new property before selling their existing one. They provide flexibility in real estate transactions, allowing individuals to bridge the gap between the sale of their current home and the purchase of a new one. Moundville, Alabama, is a charming town with a population of approximately 2,400 residents. The community is known for its rich history and cultural heritage, attracting visitors interested in exploring the ancient Native American mounds and artifacts at the Moundville Archaeological Park. The housing market in Moundville is diverse, offering a mix of historic homes and modern properties. With the help of bridge loans, prospective buyers can take advantage of the current market conditions to secure their dream home. The town's real estate market is relatively stable, making it an attractive option for those looking to invest in property. In addition to its historical sites, Moundville boasts attractions such as the Moundville City Park and the Moundville Public Library. Residents and visitors alike can enjoy outdoor recreational activities and community events that showcase the town's unique charm and friendly atmosphere.
Bridge Loans in Moundville, Alabama
