Are you on the brink of a significant transition in your homeownership journey, but worried about the timing misalignment between selling your current home and purchasing a new one? MidAmerica Bancorp is here to help bridge that gap with our specialized Bridge Loans. With two convenient locations in Harwood Heights and Oak Lawn, IL, and serving clients across Illinois, Indiana, Florida, Michigan, Tennessee or Wisconsin, we’re your trusted partner in securing the home of your dreams without the stress.
Bridge Loans at MidAmerica Bancorp
What Are Bridge Loans?
Bridge loans are short-term financing solutions designed to assist homeowners in transitioning seamlessly from their old home to a new one. They “bridge” the gap between selling your existing property and buying a new one, ensuring you don’t miss out on your dream home due to timing constraints. At MidAmerica Bancorp, we understand the complexities of the real estate market and offer bridge loans as a flexible and reliable solution.
Who Are Bridge Loans For?
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Today's Mortgage RatesBridge loans are ideal for homeowners who:
- Have found their dream home but haven’t sold their current property yet.
- Need immediate funds for a new purchase while waiting for their existing property to sell.
- Want to avoid the stress and hassle of moving twice.
Bridge Loans Features
Our Bridge Loans come with a host of features tailored to meet your needs:
- Competitive Interest Rates: We offer competitive interest rates that keep your costs in check during the transition period.
- Flexible Terms: Enjoy flexibility in loan terms, allowing you to choose a repayment schedule that suits your financial situation.
- Quick Approval: Our streamlined approval process ensures you get the funds you need when you need them most.
- Local Expertise: With locations in Harwood Heights and Oak Lawn, IL, our team understands the local real estate market intricacies, ensuring personalized guidance.
- Multi-State Licensing: While we primarily serve Illinois, Indiana, Florida, Michigan, Tennessee or Wisconsin, our multi-state licensing allows us to assist clients in various regions.
How to Get Started
Ready to make your home transition smooth and stress-free? Contact MidAmerica Bancorp today to explore our Bridge Loan options. Our experienced mortgage professionals are here to guide you through the process and help you secure the home of your dreams.
Don’t let timing be a barrier to your homeownership goals. With MidAmerica Bancorp’s Bridge Loans, you can bridge the gap and make your dream home a reality. Get in touch with us today!
Contact MidAmerica Bancorp:
Harwood Heights Location:
4950 N Harlem Ave B
Harwood Heights, IL 60706
(708) 237-4052
Oak Lawn Location:
9720 SW Hwy
Oak Lawn, IL 60453
(708) 237-4050
Remember, at MidAmerica Bancorp, we’re committed to helping you cross the bridge to your new home seamlessly.
Do you know how much home you can afford?
Most people don’t... Find out in 10 minutes.
Today's Mortgage Rates