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    • 2 Arrows Pointing Opposite Direction

      Buy a new home before you sell your current home

    • House

      For primary residences only

    • Stack of Money

      Interest-only payments with a balloon

    • Calendar

      Temporary,
      short-term financing

  • Bridging the Gap:

    The FNB Home Equity Bridge Installment Loan is available for borrowers considering a home purchase or looking to build a home with our new construction mortgage products. A bridge loan is used by the borrower to bridge the gap between selling their existing home and putting a down payment on a new home. This product uses the home equity from the current home to provide financing for a down payment on a new home.

    Key Features:

    • Available for the purchase of your primary residence only
    • Features Interest-only payments with a balloon due at the end of the term
    • Temporary, short-term financing option

    Key Benefits:

    • Helps ensure that the sale timing of existing home doesn't negatively impact buying new home
    • Funds may be used to pay off the mortgage of your current home
  • Qualifying for a Home Equity Installment Bridge Installment Loan:

    In order to qualify for a Home Equity Bridge Installment Loan, you first need to have equity in your home. This means that the value of your home must be greater than the amount you owe on your home. This difference in the amount your home is worth and how much you owe is called equity. Other factors such as credit score, employment history, monthly debt payments and income are also considered.

    Applying for a Home Equity Bridge Installment Loan:

    Whether you would like to get pre-qualified or begin the application process, we have convenient ways for you to get started. You can begin by adding this product to your bag. During the checkout process, you can select the option to set up a time to meet with one of our experts.

    Getting Prepared

    It is helpful if you have the following documents with you during the application process:

    • Most recent 30 days of pay stubs
    • Most recent two (2) months of bank statements
    • Prior two (2) years of your W2s
    • Prior two (2) years of tax returns
    • Current driver’s license or photo ID

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Notices & Disclosures
  • All loan products are subject to underwriting/credit approval.
  • FNB is an Equal Housing Lender; NMLS #766529.

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