Get Approved at The Lowest Rate
Navigating the process of buying a new home in Roanoke, 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 Roanoke, AL or getting it ready for the market.
Identify the new home you want to buy in Roanoke, 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 Roanoke, 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 Roanoke, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, 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 Roanoke, Alabama offer a convenient financing option for individuals looking to purchase a new home before selling their current one. This type of loan provides quick access to funds, allowing buyers to secure their dream home without the stress of a contingent offer. Demographics in Roanoke, Alabama, showcase a charming small-town atmosphere with a population that values community and family. The city embraces its Southern roots while also welcoming new residents with open arms, creating a diverse and inclusive environment for all. The housing market in Roanoke, Alabama, is flourishing with a range of affordable options for both buyers and renters. The city's real estate landscape offers a mix of historic homes and modern developments, catering to various preferences and budgets. Main attractions in Roanoke, Alabama, include the breathtaking Lake Wedowee, where residents can enjoy water activities and stunning landscapes. Additionally, the city's historic downtown area boasts quaint shops, delicious dining options, and a rich cultural heritage for all to explore.
Benefits of Bridge Loans in Roanoke, Alabama
