Senior Living Bridge Loan Solutions
Many of our families tell us they would love to move into our community today while taking the appropriate time to prepare, list, and then sell their home for the best possible price. If this sounds like something you too would like to do, we have resources that may help you.
Second Act Financial Services
, a senior-focused division of Liberty Savings Bank F.S.B. can provide to eligible families a Second Act Home Equity Line of Credit. It can serve as a bridge loan and is tailor made for your senior-living transition. You can pay for your monthly service fees from your Second Act Home Equity Line of Credit and make much smaller interest-only payments each month. While Second Act
specializes in helping seniors, you are of course welcome to use any resources you find suitable to your needs.
As easy as 1,2,3!
- Apply for an overall Line of Credit amount.
- If approved, each month you borrow only what you need. Your funds are wired directly to your community.
- You make much smaller interest-only payments on the cumulative amount you have borrowed. When you have sold your home or at the end of term, you pay back what is owed and due.
Smaller Payments as You Prepare to List and Sell Your Home
With a Second Act Home Equity Line of Credit.
Terms shown are for illustrative purposes only. Accuracy is not guaranteed and it should not be relied on as a commitment to lend. Please see the Second Act Terms and Disclosures
page for additional details. Rates and Fees will vary depending on your credit. There is a title insurance fee for all Home Equity Lines of Credit. For complete information please speak with a Second Act Lending Chaperone at (800) 222–1425
or visit www.secondact.com
Explore Your Options with a Second Act Lending Chaperone at a Time That Works for You
Message Second Act here or call (800) 222-1425 for a private conversation to help you make your move.
Please Note: You are welcome to utilize any financial resources available to you! Our providing information about Second Act is not an endorsement. Rather, because we know families are busy we share information about Second Act to help you in your search. We do not receive compensation, kickbacks, or any referral fees from Second Act.
Second Act is a Division of Liberty Savings Bank, F.S.B. Member FDIC
. Lending and loan services provided by Liberty Savings Bank, F.S.B. NMLS # 408905. Equal Housing Lender. All other services provided by Second Act Financial Services, LLC
. This information is current as of 06/01/2021. Subject to credit and loan approval. Conditions and limitations apply. Information, rates and terms are subject to change without notice. © 2021 Second Act Financial Services, LLC. All Rights Reserved.