Get Approved at The Lowest Rate
Navigating the process of buying a new home in Trussville, 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 Trussville, AL or getting it ready for the market.
Identify the new home you want to buy in Trussville, 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 Trussville, 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 Trussville, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Trussville, 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 Trussville, 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 Trussville, 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 Trussville, 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 Trussville, 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 Trussville, Alabama offer a convenient financing option for homebuyers who need to bridge the gap between the purchase of a new home and the sale of their current one. These short-term loans enable buyers to secure their new property without having to wait for their current home to sell, providing financial flexibility and reducing the stress of the home-buying process. Trussville, Alabama, with its population of over 24,000 residents, boasts a mix of suburban and rural living, making it an attractive location for families and professionals alike. The city's strong sense of community, excellent schools, and proximity to major highways and Birmingham make it a desirable place to live. In terms of the housing market, Trussville, Alabama, has experienced steady growth in recent years. The city offers a range of housing options, from cozy single-family homes to luxurious estates, catering to various budgets and preferences. With increasing demand and a healthy economy, investing in Trussville's real estate market presents promising opportunities for buyers and sellers alike. Trussville, Alabama, is home to several main attractions, including the historic downtown area, which features charming shops and restaurants. The city also offers ample green spaces, such as the Trussville Sports Complex, providing recreational activities for residents of all ages. Additionally, the nearby Cahaba River provides opportunities for outdoor adventures like kayaking and hiking, adding to the city's appeal.
Benefits of Bridge Loans in Trussville, Alabama
