Get Approved at The Lowest Rate
Navigating the process of buying a new home in Uriah, 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 Uriah, AL or getting it ready for the market.
Identify the new home you want to buy in Uriah, 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 Uriah, 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 Uriah, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Uriah, 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 Uriah, 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 Uriah, 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 Uriah, 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 Uriah, 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 quick financing solutions for homeowners in Uriah, Alabama, bridging the gap between the purchase of a new home and the sale of the current one. This flexible financing option allows homeowners to secure their dream home without being constrained by the lengthy sales process of their existing property. Demographics: Uriah, Alabama, is a small town with a tight-knit community. The population is around 500 residents, offering a peaceful and close community feeling. The town has a mix of age groups, with a majority of residents being families or retirees. Housing Market: The housing market in Uriah is characterized by affordable prices and a steady appreciation rate. Bridge loans can help buyers capitalize on these favorable market conditions by providing the necessary funds to secure properties before they increase in value. Main Attractions: Uriah is surrounded by picturesque natural landscapes, making it a haven for outdoor enthusiasts. The town is in proximity to the Conecuh National Forest, offering hiking, camping, and fishing opportunities. Additionally, the annual Uriah Rodeo is a popular event that brings the community together.
Benefits of Bridge Loans in Uriah, Alabama
