Get Approved at The Lowest Rate
Navigating the process of buying a new home in Whatley, 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 Whatley, AL or getting it ready for the market.
Identify the new home you want to buy in Whatley, 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 Whatley, 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 Whatley, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whatley, 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 Whatley, 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 Whatley, 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 Whatley, 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 Whatley, 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 Whatley, Alabama offer a unique financing solution for homeowners looking to purchase a new home before selling their current property. These loans provide the flexibility of accessing funds quickly, allowing for seamless transitions between homes without the stress of timing constraints. Whatley, Alabama, with a population of approximately 500 residents, boasts a diverse community with a rich history. The town is known for its friendly atmosphere, strong community ties, and affordable cost of living, making it an attractive place to call home. The housing market in Whatley is stable, with a mix of historic homes and modern developments. Bridge loans can help residents take advantage of favorable market conditions, securing their dream home while leveraging the equity in their current property for a smooth transition. Some main attractions in Whatley include the scenic Clark State Park, offering outdoor recreational activities like hiking and fishing. Additionally, residents can explore the nearby historic sites, local eateries, and community events that showcase the town's vibrant culture and charm.
The Benefits of Bridge Loans in Whatley, Alabama
