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Beginning March 1, 2021, the mandated Universal Residential Loan Application form (including online versions of the home loan application) you are being directed to is changing. If you begin the application before March 1, please make sure you complete and submit the application by February 28. Unfortunately, any partial or incomplete application data entered before March 1 will be lost and you will have to complete a new application.
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A bridge loan from NASB can help with the short-term financing of your new home while you are selling your current one.
Allows you to buy new house before old one sells
Enables time-sensitive financial transactions
Access to equity before you sell
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Sometimes you find a new home to purchase before your current one sells. This is when a bridge loan, sometimes called a "swing loan," comes in handy when you do your home purchase with NASB. This short-term loan allows you to tap into the equity you've built up to have cash now for a down payment, moving expenses, or getting your home ready to sell.
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To qualify for a bridge loan, there are certain requirements and guidelines to consider:
Not available in Texas
In this NASB Now video, we explain what a portfolio loan is, the different types of portfolio loans, and who can benefit from seeking this type of loan.
Bank Statement Loan
My experience with NASB was exceptional. Everyone went above and beyond. They made the transition from applying for a loan to finalizing very easy and stress free.
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