Leverage the equity in your home to buy your next home with a Bridge Loan from American Bank & Trust!
This loan allows you to borrow up to 90% of the equity in your current home to put towards your new home purchase. This is an interest only payment loan that will give flexibility to move while your current home sells. With flexibly, interest payments, this will allow you to move over time instead of packing everything into a truck or storage the night before and dealing with the hustle of same day closings.
Features & Benefits of a Bridge Loan
- Interest-Only Payments
- Up To 90% Value Of The Subject Property
- Internal Evaluations On Loans $350,000 and Lower
Access An Existing Mortgage Account
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A great home buying experience starts with great home buying partners. Meet your American Bank & Trust mortgage team and discover an outstanding group that truly lives at the intersection of what if and why not? With AB&T home loan experts, you’ve got neighbors you can always count on.
Looking for more information about Home Loans? Visit the South Dakota Housing Development Authority.
Loan rates and terms may vary. All loans subject to credit approval. Contact a banker for further details.
