Get Approved at The Lowest Rate
Navigating the process of buying a new home in Stapleton, 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 Stapleton, AL or getting it ready for the market.
Identify the new home you want to buy in Stapleton, 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 Stapleton, 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 Stapleton, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Stapleton, 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 Stapleton, 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 Stapleton, 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 Stapleton, 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 Stapleton, 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 Stapleton, Alabama offer a flexible and convenient financing option for those looking to buy a new home before selling their existing one. These loans provide quick access to funds, allowing buyers to secure their dream home without waiting for their current property to sell. Demographics: Stapleton, Alabama, is a charming small town with a population that embodies the southern hospitality. The community is close-knit, friendly, and offers a peaceful living environment perfect for families and retirees alike. Housing Market: Stapleton's housing market is characterized by a mix of single-family homes, ranch-style properties, and spacious lots. The area offers a range of affordable housing options, making it an attractive destination for first-time buyers and investors looking to capitalize on the town's growth potential. Main Attractions: Stapleton is surrounded by picturesque landscapes, including parks, lakes, and nature reserves. Residents can enjoy outdoor activities like hiking, fishing, and picnicking. The town also boasts a rich historical heritage, with landmarks and museums that showcase its unique past.
Benefits of Bridge Loans in Stapleton, Alabama
