Get Approved at The Lowest Rate
Navigating the process of buying a new home in Woodland, 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 Woodland, AL or getting it ready for the market.
Identify the new home you want to buy in Woodland, 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 Woodland, 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 Woodland, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Woodland, 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 Woodland, 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 Woodland, 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 Woodland, 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 Woodland, 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!
Benefits of Bridge Loans Bridge loans in Woodland, Alabama offer quick access to funds for individuals looking to bridge the gap between the purchase of a new home and the sale of their current property. These loans provide financial flexibility and help avoid missed opportunities in the real estate market. Demographics Woodland, Alabama, is a charming town with a population of approximately 2000 residents. The community is known for its friendly and welcoming atmosphere, making it an ideal place for families and individuals looking for a close-knit community. Housing Market The housing market in Woodland, Alabama, is thriving, with a variety of properties available to suit different needs and budgets. Bridge loans play a crucial role in facilitating smooth transactions and allowing buyers to secure their dream homes without delays. Main Attractions Woodland, Alabama, boasts a range of attractions, including the picturesque Talladega National Forest, perfect for outdoor enthusiasts. The town also offers quaint shops, local eateries, and a rich cultural heritage, making it a wonderful place to live and explore.
Bridge Loans in Woodland, Alabama
