Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mount Olive, 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 Mount Olive, AL or getting it ready for the market.
Identify the new home you want to buy in Mount Olive, 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 Mount Olive, 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 Mount Olive, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mount Olive, 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 Mount Olive, 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 Mount Olive, 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 Mount Olive, 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 Mount Olive, 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 Mount Olive, Alabama offer flexibility and quick access to funds for individuals looking to bridge the gap between selling a current home and purchasing a new one. These loans provide short-term financing which can be critical in a competitive real estate market, allowing buyers to secure their dream home without waiting for their existing property to sell. Mount Olive, Alabama, is a quaint town with a population that values community and a peaceful lifestyle. The town boasts a diverse demographic mix, with a strong emphasis on family values and a close-knit neighborhood feel. The housing market in Mount Olive is dynamic, offering a range of properties from historic homes to modern developments. The area has seen steady growth in real estate values, making it an attractive investment opportunity for those looking to buy property in a thriving market. Main attractions in Mount Olive include its scenic parks, charming downtown area, and proximity to outdoor recreational activities. Residents enjoy a relaxed pace of life while being only a short drive away from larger cities, providing the best of both worlds for those seeking a peaceful yet well-connected community.
Bridge Loans in Mount Olive, Alabama
