Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wilton, 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 Wilton, AL or getting it ready for the market.
Identify the new home you want to buy in Wilton, 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 Wilton, 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 Wilton, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wilton, 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 Wilton, 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 Wilton, 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 Wilton, 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 Wilton, 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 Wilton, Alabama offer numerous advantages for homebuyers. This type of loan allows you to purchase a new home before selling your current one, providing flexibility and ensuring a smooth transition between properties. By securing a bridge loan, you can avoid the stress of being in limbo between homes and take advantage of favorable market conditions without waiting for your current property to sell. Demographics: Wilton, Alabama, is a charming town with a population that predominantly consists of families and working professionals. The community is known for its tight-knit feel and friendly atmosphere. Residents of Wilton enjoy a peaceful suburban lifestyle, excellent schools, and convenient access to nearby amenities and services. Housing Market: The housing market in Wilton, Alabama, is experiencing steady growth, making it an attractive location for both buyers and sellers. With affordable housing options, low interest rates, and increasing property values, investing in real estate in Wilton is a smart choice. Bridge loans can help buyers capitalize on these favorable market conditions and secure their dream home. Main Attractions: Wilton, Alabama, boasts a variety of attractions for residents and visitors alike. From beautiful parks and outdoor recreational areas to local shops and restaurants, there is something for everyone to enjoy. The town's rich history and vibrant cultural scene make it a unique and inviting place to call home.
Benefits of Bridge Loans in Wilton, Alabama
