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Navigating the process of buying a new home in Robertsdale, 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 Robertsdale, AL or getting it ready for the market.
Identify the new home you want to buy in Robertsdale, 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 Robertsdale, 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 Robertsdale, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Robertsdale, 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 Robertsdale, 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 Robertsdale, 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 Robertsdale, 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 Robertsdale, 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 offer a crucial financial solution for those looking to purchase a new home in Robertsdale while waiting to sell their current property. These loans provide immediate funds to secure the new property, allowing for a seamless transition without the stress of timing the sale perfectly. Demographically, Robertsdale, Alabama, boasts a diverse population with a strong sense of community. The town is known for its friendly residents, excellent schools, and affordable cost of living, making it an attractive option for families and young professionals alike. In terms of the housing market, Robertsdale offers a range of options from cozy single-family homes to spacious estates, catering to various preferences and budgets. The market is stable with steady appreciation rates, presenting excellent investment opportunities for both homeowners and investors. Some main attractions in Robertsdale include the Central Baldwin Performing Arts Center, ideal for cultural enrichment, and the Honeybee Park, a favorite spot for outdoor activities and family gatherings. Additionally, the town's proximity to the beautiful Gulf Coast beaches adds to its allure.
The Benefits of Bridge Loans in Robertsdale, Alabama
