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Navigating the process of buying a new home in Tanner, 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 Tanner, AL or getting it ready for the market.
Identify the new home you want to buy in Tanner, 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 Tanner, 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 Tanner, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tanner, 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 Tanner, 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 Tanner, 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 Tanner, 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 Tanner, 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 property buyers the flexibility to quickly purchase a new home while awaiting the sale of their current one. In Tanner, Alabama, this can be especially advantageous as it allows residents to secure their dream home without the stress of selling first. Demographics Tanner, Alabama, boasts a diverse population with a strong sense of community. The area is known for its friendly residents and welcoming atmosphere, making it an ideal place for families and individuals looking to settle down. The housing market in Tanner, Alabama, is thriving with a range of properties available to suit different preferences and budgets. With the help of bridge loans, potential homeowners have the opportunity to capitalize on the favorable market conditions and secure their desired property quickly. From outdoor adventures at Wheeler National Wildlife Refuge to exploring historical sites like the Cook Museum of Natural Science, Tanner, Alabama, offers a diverse range of attractions for residents and visitors alike. Bridge loans can facilitate easy access to this vibrant community and its numerous amenities.
Benefits of Bridge Loans in Tanner, Alabama
Housing Market
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