Get Approved at The Lowest Rate
Navigating the process of buying a new home in Pisgah, 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 Pisgah, AL or getting it ready for the market.
Identify the new home you want to buy in Pisgah, 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 Pisgah, 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 Pisgah, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pisgah, 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 Pisgah, 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 Pisgah, 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 Pisgah, 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 Pisgah, 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 Pisgah, Alabama offer a quick solution for homeowners looking to purchase a new property before selling their current home. This type of financing provides temporary funds to cover the down payment and closing costs, allowing for a smooth transition between homes. The demographics of Pisgah, Alabama, paint a picture of a close-knit community with a population that values a peaceful lifestyle. The town is characterized by friendly neighbors, low crime rates, and excellent schools, making it an ideal location for families looking to settle down. In terms of the housing market, Pisgah, Alabama, boasts a diverse range of properties, including spacious single-family homes, cozy cottages, and modern apartments. The real estate market in Pisgah is stable, with affordable prices and a steady increase in property values over the years.
Benefits of Bridge Loans in Pisgah, Alabama
