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Grove Bank Partnership

Making Moving A LOT Easier

A BETTER BRIDGE LOAN

Buy your next home, without a contingency for selling your current home.

BUY YOUR NEW HOME NOW
BEFORE YOU SELL YOUR EXISTING HOUSE

Discover the advantages of buying your new home before selling your existing house

By using your home’s existing equity, Grove Bank's Next Home Loan Program, eliminates the stress and reduces the expense of selling a house and purchasing a new one with an incredibly simple solution: We give you the cash to pay off your existing mortgage and make a down payment on your dream home. 

HOW IT WORKS

Close on your dream home now…

  1. Pay off your existing mortgage with a bridge loan with a 1-year duration, up to 80% of existing home value.
  2. Use available equity for all or part of your down payment on your new home.
  3. Obtain a traditional mortgage for your new home at market rates. We have many loan options available through Grove Bank.

 

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Grove Bank

Bridge Loan Program

This communication is provided to you for informational purposes only and should not be relied upon by you. The owner of this site is not a mortgage lender and you should contact Grove Bank directly to learn more about its mortgage products and your eligibility for such products.

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The more information you have at your fingertips, the more confident you'll be that it's the home for you. His unique tools give you more when looking for your next home. More data. More properties. More neighborhood information. And more resources once you land on the right property for you.