Get Approved at The Lowest Rate
Navigating the process of buying a new home in Sayre, 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 Sayre, AL or getting it ready for the market.
Identify the new home you want to buy in Sayre, 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 Sayre, 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 Sayre, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sayre, 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 Sayre, 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 Sayre, 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 Sayre, 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 Sayre, 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 Sayre, Alabama offer quick access to funds, facilitating smooth transitions between selling and buying a new property. They provide flexibility by covering the down payment or closing costs on a new home before selling the current one. Demographically, Sayre, Alabama, has a diverse population with a mix of families, professionals, and retirees. The community values its small-town charm, affordable housing options, and proximity to urban centers like Birmingham, making it an attractive location for those seeking a balance between city amenities and peaceful living. The housing market in Sayre presents opportunities for both buyers and sellers. With a range of property types available, from cozy single-family homes to spacious estates, there is something for everyone. The market is stable, with steady appreciation rates, making it a sound investment for those looking to settle down or invest in real estate. Some main attractions in Sayre include the picturesque Sayre Park, perfect for outdoor activities and family picnics. The Sayre Public Library offers a wealth of resources and community programs. Additionally, the local Farmer's Market showcases fresh produce and crafts from local artisans, adding to the town's unique charm.
Benefits of Bridge Loans in Sayre, Alabama
