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Navigating the process of buying a new home in Tibbie, 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 Tibbie, AL or getting it ready for the market.
Identify the new home you want to buy in Tibbie, 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 Tibbie, 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 Tibbie, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tibbie, 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 Tibbie, 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 Tibbie, 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 Tibbie, 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 Tibbie, 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 Tibbie, Alabama offer numerous benefits to potential homebuyers. These temporary loans can provide quick access to funds for purchasing a new home before selling the current one, offering financial flexibility and avoiding the need for a contingent offer. Tibbie, Alabama, boasts a diverse demographic profile with a mix of young professionals, families, and retirees. The community is known for its strong sense of belonging and neighborly spirit, making it an ideal place for individuals seeking a close-knit and welcoming environment. The housing market in Tibbie, Alabama, is characterized by a range of housing options, including single-family homes, townhouses, and condominiums. The market is currently experiencing steady growth, with competitive pricing and a variety of choices to suit different preferences and budgets. While in Tibbie, visitors can explore the area's natural beauty, including the picturesque Tibbie Creek and nearby national parks. The town also offers a rich cultural scene with local art galleries, museums, and music festivals, providing plenty of entertainment options for residents and tourists alike.
Bridge Loans in Tibbie, Alabama
