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Navigating the process of buying a new home in Tuskegee Institute, 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 Tuskegee Institute, AL or getting it ready for the market.
Identify the new home you want to buy in Tuskegee Institute, 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 Tuskegee Institute, 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 Tuskegee Institute, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tuskegee Institute, 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 Tuskegee Institute, 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 Tuskegee Institute, 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 Tuskegee Institute, 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 Tuskegee Institute, 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 Tuskegee Institute, Alabama provide a convenient solution for homeowners seeking to purchase a new property before selling their current one. These loans offer short-term financing that bridges the gap between the sale of the existing property and the purchase of a new one. Demographics Tuskegee Institute, Alabama, is a diverse community with a rich cultural heritage. The population consists of a mix of different ethnicities, creating a vibrant and welcoming atmosphere. The town has a strong sense of community, with residents actively participating in local events and initiatives. Housing Market The housing market in Tuskegee Institute, Alabama, offers a range of options for prospective buyers. From historic homes with charming architecture to modern developments, there is something to suit every taste and budget. The market is currently stable, with steady growth in property values. Main Attractions Tuskegee Institute is home to several attractions that showcase its history and culture. The Tuskegee Airmen National Historic Site pays homage to the renowned African American pilots of World War II. The Tuskegee University campus, with its historic buildings and museums, is a significant cultural landmark.
Benefits of Bridge Loans in Tuskegee Institute, Alabama
