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Navigating the process of buying a new home in Pinson, 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 Pinson, AL or getting it ready for the market.
Identify the new home you want to buy in Pinson, 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 Pinson, 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 Pinson, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pinson, 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 Pinson, 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 Pinson, 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 Pinson, 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 Pinson, 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!
Benefits: Bridge loans in Pinson, Alabama offer a convenient solution for homeowners looking to purchase a new home before selling their current one. These short-term loans bridge the gap between the purchase of a new property and the sale of the existing one, providing flexibility and financial support during the transition period. Demographics: Pinson, Alabama, is a charming suburb with a population of approximately 7,000 residents. The community is known for its family-friendly atmosphere, good schools, and a strong sense of community spirit. The town's diverse population includes both young families and retirees, creating a vibrant and welcoming neighborhood. Housing Market: The housing market in Pinson, Alabama, is stable and offers a variety of housing options to suit different needs and budgets. From spacious single-family homes to cozy townhouses, there is something for everyone in Pinson. With affordable prices and low interest rates, it's a great time to invest in a property in this thriving town. Main Attractions: Pinson, Alabama, boasts several main attractions, including Turkey Creek Nature Preserve, which offers miles of hiking trails and scenic beauty. The historic Bicentennial Park is another popular destination, providing a glimpse into the town's past. Additionally, residents enjoy easy access to Birmingham's cultural and recreational amenities, making Pinson an ideal place to call home.
Benefits of Bridge Loans in Pinson, Alabama
