Get Approved at The Lowest Rate
Navigating the process of buying a new home in Remlap, 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 Remlap, AL or getting it ready for the market.
Identify the new home you want to buy in Remlap, 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 Remlap, 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 Remlap, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Remlap, 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 Remlap, 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 Remlap, 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 Remlap, 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 Remlap, 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 Remlap, Alabama provide borrowers with the flexibility and convenience of securing short-term financing to bridge the gap between the purchase of a new home and the sale of their existing property. This can help avoid the stress of timing mismatches and allows for smoother transitions during relocations. The demographic makeup of Remlap, Alabama, consists mainly of families and individuals seeking a peaceful rural lifestyle while still being within commuting distance of larger cities like Birmingham. This creates a tight-knit community with a strong sense of camaraderie and support. In terms of the housing market, Remlap offers a diverse range of properties, from cozy single-family homes to spacious rural estates. The market is stable, with steady appreciation rates, making it an attractive location for both homebuyers and real estate investors looking for long-term growth potential. Main attractions in Remlap and its surrounding areas include the picturesque Rickwood Caverns State Park, perfect for outdoor enthusiasts, as well as the historic Blount County Covered Bridge, offering a glimpse into the area's rich heritage and culture.
Benefits of Bridge Loans in Remlap, Alabama
