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 a 1 year, 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
- 1 Year, Interest-Only Payments
- Up To 90% Value Of The Subject Property
- Internal Evaluations On Loans $350,000 and Lower
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Loan rates and terms may vary. All loans subject to credit approval. Contact a banker for further details.