Get Approved at The Lowest Rate
Navigating the process of buying a new home in Walnut Grove, 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 Walnut Grove, AL or getting it ready for the market.
Identify the new home you want to buy in Walnut Grove, 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 Walnut Grove, 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 Walnut Grove, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Walnut Grove, 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 Walnut Grove, 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 Walnut Grove, 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 Walnut Grove, 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 Walnut Grove, 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 immediate financial relief to homebuyers in Walnut Grove, Alabama, bridging the gap between the sale of their current home and the purchase of a new one. This allows buyers to secure their dream home without the stress of a contingency sale. Demographically, Walnut Grove boasts a diverse population with a strong sense of community. The town's residents are known for their friendliness and welcoming nature, creating a warm and inviting atmosphere for newcomers. In terms of the housing market, Walnut Grove offers a range of housing options, from cozy historic homes to modern developments. The market is stable, with competitive prices and a steady appreciation rate, making it an attractive investment opportunity for buyers. Main attractions in Walnut Grove include the picturesque Walnut Grove Park, perfect for outdoor activities and family picnics. The town also hosts annual events such as the Walnut Grove Harvest Festival, showcasing local culture and traditions.
Benefits of Bridge Loans in Walnut Grove, Alabama
