Get Approved at The Lowest Rate
Navigating the process of buying a new home in Shorter, 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 Shorter, AL or getting it ready for the market.
Identify the new home you want to buy in Shorter, 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 Shorter, 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 Shorter, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Shorter, 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 Shorter, 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 Shorter, 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 Shorter, 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 Shorter, 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 valuable financial solution for homeowners in Shorter, Alabama, by providing quick access to funds for purchasing a new home before selling the current one. This allows individuals to secure their dream home without the stress of waiting for their property to sell. Shorter, Alabama, boasts a diverse demographic comprising of friendly communities, with a mix of young families, retirees, and professionals. The town's peaceful atmosphere and strong sense of community make it an ideal place for individuals looking to settle down and establish roots. The housing market in Shorter presents a promising outlook for both buyers and sellers. With affordable housing options available, the town offers a range of property choices, from cozy single-family homes to spacious estates, catering to different preferences and budgets. Some main attractions in Shorter include its picturesque natural landscapes, such as the beautiful Lake Martin, perfect for outdoor enthusiasts. The town also features historic sites like the Tuskegee Airmen National Historic Site, offering a glimpse into the area's rich heritage and culture.
Benefits of Bridge Loans in Shorter, Alabama
