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Navigating the process of buying a new home in Range, 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 Range, AL or getting it ready for the market.
Identify the new home you want to buy in Range, 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 Range, 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 Range, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Range, 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 Range, 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 Range, 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 Range, 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 Range, 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 Range, Alabama provide numerous benefits to homeowners and buyers looking to bridge the gap between the purchase of a new home and the sale of their current property. These loans offer flexibility, allowing individuals to secure funds quickly and avoid missing out on their dream home. Demographics: Range, Alabama, is a diverse community with a mix of residents from different backgrounds and age groups. The town has a growing population that values a sense of community and a high quality of life. Residents enjoy a peaceful and close-knit environment that caters to families, retirees, and young professionals alike. Housing Market: The housing market in Range, Alabama, is dynamic and offers a range of options for buyers. With a mix of traditional single-family homes, modern townhouses, and spacious condos, there is something for everyone. The market is competitive but offers opportunities for those looking to invest in their future or find their forever home. Main Attractions: Range, Alabama, is not only a great place to live but also offers various attractions for residents and visitors. From beautiful parks and hiking trails to local restaurants and shops, there is always something to do in this vibrant town. The community prides itself on its rich history, cultural events, and outdoor recreational activities.
Bridge Loans in Range, Alabama