Can you really buy before you sell? Oh yes!
You've found the home of your dreams, and want to grab it quickly. But you haven't yet sold the home you're in now. That can make for some sleepless nights. Find out how our Bridge Loan can help you sleep much easier, and make that dream home come true.
- Low Mortgage Rates - AND receive a 0.25% rate discount.
- Custom underwriting for non-contingent offers.
WHAT HAPPENS WHEN YOU SELL YOUR HOME?
Should you choose to pay down the principal balance with the proceeds from the sale of your home, LSB offers a unique alternative to refinancing to re-amortize the remaining balance of your loan at no cost for 6 months after closing. This unique option is available to you because LSB doesn’t sell its loans. You also become eligible for additional benefits:
- Low Mortgage Rates - We post our mortgage rates daily and you can use our Best Rate Tool to get a custom mortgage rate quote in seconds.
- Mortgage Rate Security - Don't stress about changing mortgage rates with our 75-day mortgage rate lock AND you'll be eligible for a free mortgage rate float down if mortgage rates decrease. Call for details.
- Loan Modifications - While we offer great rates, there is still potential for them to decrease in the future and because we don't sell our loans, you are eligible to adjust the terms of your mortgage quicker and easier through our Loan Modification Program.
- Relationship Focused - As a portfolio lender, getting a mortgage with us is more like a partnership than a business deal. Our experienced team works to ensure you get a mortgage you can afford and if faced with a hardship, we'll be here to listen.
- Commission-Free - Our Loan Officers aren't commission-based or distracted by quotas. Instead, they are focused on creating Relationships for Generations through honesty and integrity.
- Flexible - A round peg doesn't fit in a square hole! All credit decisions are based on your individual circumstances, not the secondary mortgage market guidelines.
- Portfolio Lender - We will service and hold your mortgage for the life of the loan.
- Money Stays Local - To help build and improve the local community.
- Premium Customer Service - You talk to real people - not automated phone systems or call centers.
TOO GOOD TO BE TRUE?
Maybe! These transactions can be complicated which is why we recommend you speak with one of our experienced Loan Officers to determine if you qualify.