Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wetumpka, 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 Wetumpka, AL or getting it ready for the market.
Identify the new home you want to buy in Wetumpka, 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 Wetumpka, 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 Wetumpka, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wetumpka, 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 Wetumpka, 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 Wetumpka, 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 Wetumpka, 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 Wetumpka, 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 Wetumpka, Alabama offer a convenient short-term financing solution for homeowners who need to bridge the gap between the purchase of a new home and the sale of their existing one. These loans provide quick access to funds, allowing individuals to secure their new property without having to wait for their current home to sell. Demographically, Wetumpka is a charming city located in Elmore County, Alabama. With a population of roughly 8,278 residents, the community is known for its friendly atmosphere and Southern hospitality. The city boasts a mix of young professionals, families, and retirees, creating a diverse and welcoming environment. In terms of the housing market, Wetumpka offers a range of residential options, from historic homes with Southern charm to modern developments with contemporary amenities. The real estate market in Wetumpka is stable, with competitive pricing and ample inventory for buyers. Bridge loans provide flexibility for those looking to make a move in this vibrant housing market. Main attractions in Wetumpka include the breathtaking views of the Coosa River, the historic downtown area with its quaint shops and restaurants, and the popular Wind Creek Casino & Hotel. Outdoor enthusiasts can enjoy activities like fishing, boating, and hiking, making Wetumpka a desirable destination for nature lovers and recreational enthusiasts.
Bridge Loans in Wetumpka, Alabama
