Get Approved at The Lowest Rate
Navigating the process of buying a new home in Uniontown, 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 Uniontown, AL or getting it ready for the market.
Identify the new home you want to buy in Uniontown, 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 Uniontown, 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 Uniontown, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Uniontown, 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 Uniontown, 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 Uniontown, 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 Uniontown, 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 Uniontown, 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 Uniontown, Alabama offer numerous benefits to individuals in need of short-term financing. These loans provide quick access to funds, allowing borrowers to bridge the gap between the purchase of a new property and the sale of an existing one. They are ideal for individuals looking to avoid contingencies on a new home purchase or needing immediate funds for a down payment. Uniontown, Alabama, located in Perry County, has a rich and diverse demographic makeup. The town has a population of approximately 2,000 residents, with a mix of age groups and backgrounds. The community prides itself on its strong sense of solidarity and support for local businesses. The housing market in Uniontown offers affordable housing options for both renters and buyers. The median home price is below the national average, making it an attractive location for those looking to invest in real estate. With the help of bridge loans, individuals can take advantage of these favorable market conditions to secure their dream home. Uniontown boasts several main attractions that showcase the town's history and culture. Visitors can explore the Cahaba River National Wildlife Refuge, which offers hiking trails and birdwatching opportunities. Additionally, the Perry Lakes Park provides a peaceful retreat for nature enthusiasts, with its serene lakes and picnic areas.
Bridge Loans in Uniontown, Alabama
