Get Approved at The Lowest Rate
Navigating the process of buying a new home in Muscle Shoals, 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 Muscle Shoals, AL or getting it ready for the market.
Identify the new home you want to buy in Muscle Shoals, 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 Muscle Shoals, 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 Muscle Shoals, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Muscle Shoals, 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 Muscle Shoals, 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 Muscle Shoals, 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 Muscle Shoals, 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 Muscle Shoals, 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 Muscle Shoals, Alabama offer a flexible financing option for homeowners who are looking to purchase a new home before selling their existing property. This can help in avoiding the need for a contingency offer and allows for a smoother transition between homes. Demographics Muscle Shoals, Alabama, is a vibrant city with a diverse population. The median age of residents is around 40 years old, and the city has a strong sense of community, making it an ideal place for families and individuals alike. The housing market in Muscle Shoals, Alabama, is thriving, with a steady increase in property values over the past few years. Bridge loans can help buyers take advantage of the competitive market by providing them with the necessary funds to secure their dream home quickly. Some of the main attractions in Muscle Shoals include the famous Muscle Shoals Sound Studio, the Tennessee River, and the beautiful Wilson Dam. Residents also enjoy various outdoor activities such as hiking, fishing, and boating due to the city's picturesque location.
Benefits of Bridge Loans in Muscle Shoals, Alabama
Housing Market
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