Taking Steps to Limit Spread of COVID-19: All lobbies are available by appointment only, with the exception of the Karthaus office, which will be open 9am-12pm. Drive-up services will remain open, where available, except for Presqueisle Street, Bradford East, and Fox Twp offices, which will remain closed.
For many people, buying a home is the single most significant financial step of a lifetime. It’s also one of the most emotional decisions you’ll ever make. Whether you’re a first time home buyer, moving on to a bigger home, or using your equity to refinance an existing home loan, we can help.
So you want to buy a new home but have yet to find a buyer for your old home – what do you do? It’s not uncommon for a buyer purchasing a new home to have to secure financing prior to the sale of an existing home. In this case, a bridge loan – also known as “gap financing” or a “swing loan” – can provide the money you need to help complete the new purchase. The funds from the bridge loan are then used as a down payment on the new home by leveraging the equity in your existing home.
If this option fits your current needs, we'll work to get you the money you need. Keep in mind that we have several other borrowing options from which to choose.