Get Approved at The Lowest Rate
Navigating the process of buying a new home in Shorterville, 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 Shorterville, AL or getting it ready for the market.
Identify the new home you want to buy in Shorterville, 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 Shorterville, 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 Shorterville, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Shorterville, 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 Shorterville, 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 Shorterville, 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 Shorterville, 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 Shorterville, 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!
A bridge loan in Shorterville, Alabama provides numerous benefits to homeowners and investors. One of the key advantages is the ability to secure financing quickly, bridging the gap between the purchase of a new property and the sale of an existing one. This ensures smooth transitions without the need to wait for the sale proceeds. Shorterville, Alabama, situated in Henry County, has a population of approximately 600 residents. With a rural setting and a close-knit community, it offers a peaceful lifestyle away from the hustle and bustle of larger cities. The area boasts a diverse demographic mix, including families, retirees, and young professionals. The housing market in Shorterville, Alabama, presents opportunities for both buyers and sellers. The median home value is attractive, making it an affordable option for those looking to invest in real estate. Bridge loans play a vital role in facilitating property transactions efficiently, benefiting both buyers and sellers in this vibrant market. Despite its small size, Shorterville has several main attractions that draw visitors and residents alike. The nearby Chattahoochee River provides opportunities for outdoor activities such as fishing and boating. Additionally, the picturesque landscapes and charming local shops add to the appeal of this quaint town.
Bridge Loans in Shorterville, Alabama
