Get Approved at The Lowest Rate
Navigating the process of buying a new home in Smiths Station, 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 Smiths Station, AL or getting it ready for the market.
Identify the new home you want to buy in Smiths Station, 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 Smiths Station, 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 Smiths Station, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Smiths Station, 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 Smiths Station, 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 Smiths Station, 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 Smiths Station, 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 Smiths Station, 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 in Smiths Station, Alabama. These short-term loans provide immediate capital to bridge the gap between the purchase of a new home and the sale of an existing property. One of the key benefits is the flexibility they offer, enabling homeowners to secure funds quickly without the constraints of a traditional mortgage. Smiths Station boasts a diverse demographic profile, with a mix of young families, professionals, and retirees. The community prides itself on its strong sense of unity and support, creating a welcoming environment for residents of all ages and backgrounds. The housing market in Smiths Station is thriving, with a range of properties available to suit various preferences and budgets. The area's real estate market offers opportunities for both buyers and sellers, making it an attractive location for those looking to invest in property. In addition to its robust housing market, Smiths Station is home to a variety of attractions that draw visitors and residents alike. From picturesque parks and outdoor recreational areas to cultural sites and historical landmarks, the town offers something for everyone to enjoy.
Bridge Loans in Smiths Station, Alabama
