Swing Loans

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

Terms:

Up to 12 months

Loan Amounts:

Up to $250,000

Rate Type:

• Fixed
• Adjustable - fixed interest rate for initial term adjusting annually thereafter

Maximum Loan To Value (LTV):

Purchases 75% LTV

Monthly Payment:

Principal plus interest

Annual Fee:

No annual fee

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