Swing Loans

A home loan for customers who are purchasing a new home and need funds for down payment prior to selling their existing home.

Loan Terms:

6-month term with one 6-month extension available

Loan Amounts:

Up to $350,000

Interest Rate Type:

Adjustable

Maximum Loan To Value (LTV):

Purchases 80% LTV

Monthly Payment:

Interest-only

Annual Fee:

No annual fee

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All swing mortgage loans are subject to credit approval and property appraisal.

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