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Navigating the process of buying a new home in Wing, 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 Wing, AL or getting it ready for the market.
Identify the new home you want to buy in Wing, 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 Wing, 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 Wing, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wing, 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 Wing, 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 Wing, 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 Wing, 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 Wing, 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 Wing, Alabama offer quick access to funds for buyers looking to purchase a new property before selling their existing one. This allows for a smooth transition without the stress of timing the sale perfectly. Demographically, Wing, Alabama, is a small town with a tight-knit community. The population is predominantly made up of families and individuals looking for a peaceful, rural lifestyle away from the hustle and bustle of bigger cities. In terms of the housing market, Wing boasts affordable real estate prices compared to nearby urban areas. This makes it an attractive option for first-time homebuyers or those looking to invest in property without breaking the bank. Some main attractions in Wing include the picturesque natural scenery, ideal for outdoor enthusiasts. The town also offers a range of local shops, restaurants, and community events that contribute to its charm and appeal to residents and visitors alike.
Benefits of Bridge Loans in Wing, Alabama
