Get Approved at The Lowest Rate
Navigating the process of buying a new home in Vredenburgh, 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 Vredenburgh, AL or getting it ready for the market.
Identify the new home you want to buy in Vredenburgh, 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 Vredenburgh, 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 Vredenburgh, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Vredenburgh, 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 Vredenburgh, 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 Vredenburgh, 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 Vredenburgh, 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 Vredenburgh, 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!
Benefits of Bridge Loans: Bridge loans provide a short-term financing option to bridge the gap between the purchase of a new home and the sale of the current one. They offer flexibility and speed in securing funds for a down payment without having to wait for the sale of the existing property. Demographics: Vredenburgh, Alabama, is a small town with a population of approximately 325 residents. The community is close-knit, and the cost of living is relatively low compared to larger cities, making it an attractive place to live for families and retirees. Housing Market: In recent years, the housing market in Vredenburgh has shown steady growth with affordable home prices and lower property taxes. The demand for homes in the area has been increasing, making it a potentially lucrative investment opportunity for buyers. Main Attractions: Vredenburgh is known for its scenic landscapes, outdoor recreational activities, and historical sites. The town offers a peaceful and serene environment, perfect for nature lovers and those seeking a quieter lifestyle away from the hustle and bustle of the city.
Bridge Loans in Vredenburgh, Alabama
