Maximize Property Value and Returns with Fix & Flip Loans in Somerville, AL

Empowering real estate investors with financial solutions, our Fix & Flip loan program is crafted to help you purchase, renovate, and sell properties profitably. Whether you’re a seasoned investor or just starting out, our flexible and competitive financing options in Somerville, AL are designed to support your property ventures.

Program Highlights

1. Eligible Property Types

  • Single-Family Homes
  • Condos
  • 2-4 Unit Properties
  • Multifamily Properties (5+ Units)
  • Mixed-Use Properties

2. Versatile Loan Types

Our Fix & Flip loans in Somerville, AL cater to various investment needs, including:

  • Purchase
  • Refinance
  • Cash-Out
  • Renovation
  • Bridge Loans
  • Ground-Up Construction

No Experience Required New to Property investment? No problem. Our Fix & Flip loans in Somerville, AL are accessible to both novice and experienced investors.

3. Flexible Credit Requirements

  • Minimum Credit Score: 650+

4. Loan Amount

  • Minimum Loan Amount: $100,000

Interest-Only Terms Benefit from flexible loan terms in Somerville, AL ranging from 12 to 24 months with interest-only payments, ensuring manageable cash flow. Plus, there’s no prepayment penalty, giving you the freedom to repay your loan early.

Leverage Guide

Maximize Your Investment Potential

Purchase Price Loan-to-Value (LTV):

  • With Experience: Up to 85%
  • No Experience: Up to 80%

Rental Loan:

  • Purchase: Up to 80%
  • Cash-Out: Not Applicable
Real Estate Investment in Somerville, AL
Why Choose Horizon Lending Services?
1
Expert Guidance

Our experienced team in Somerville, AL provides valuable insights and personalized service, supporting you throughout your investment journey.

2
Smooth and Efficient Process

We simplify the financing process, allowing you to focus on your projects without unnecessary hassles.

3
Commitment to Your Success

We are dedicated to helping you achieve your real estate investment goals in Somerville, AL with competitive rates and flexible terms tailored to your needs.

Get Started Today

Ready to embark on your next Fix & Flip project? Contact Horizon Lending Services today to explore our Fix & Flip loan program in Somerville, AL. Our knowledgeable team is here to assist you at every step, ensuring you have the financial support to succeed.

Horizon Lending Services

Your Partner in Real Estate Investment Success

Benefits of Fix and Flip Home Loan in Somerville, Alabama

Fix and Flip Home Loans in Somerville, Alabama offer investors the opportunity to purchase distressed properties, renovate them, and sell them for a profit. These loans provide financing for both the purchase and renovation of the property, allowing investors to maximize their return on investment.

Somerville, Alabama, with a population of approximately 724 residents, offers a small-town feel with a strong sense of community. The median household income is $53,516, and the majority of residents own their homes. The town is known for its peaceful atmosphere and friendly locals.

The housing market in Somerville, Alabama, is competitive yet offers opportunities for investors. The median home value in Somerville is $154,100, with home values having increased by 8.1% over the past year. With a mix of older and newer homes, there is a diverse range of properties available for fix and flip projects.

Main attractions in Somerville include the beautiful Wheeler Lake, perfect for fishing and boating enthusiasts. The town also boasts a number of parks and outdoor recreational areas, making it an ideal location for those who enjoy nature and outdoor activities.

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Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
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If you have any questions or you prefer to speak via the telephone.

972-347-9224
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