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With MSGCU, you can!

Worried about buying a new home and not being able to sell your existing home? With a MSGCU Bridge Loan, you can move into your dream home! Our bridge loans enable you to complete a sales transaction on a new home purchase prior to selling your existing home.

Details of our Bridge Loan include:

  • A fixed rate 12-month balloon loan using your home equity
  • Interest-only payments due quarterly
  • Your current home acts as the security
  • Consult your tax advisor regarding deductibility
  • No pre-payment penalty

With a Bridge Loan from MSGCU, you can!


Bridge Loan
TermRates as low asPointsAPR*
1 Year 4.250%0.25%4.250%
  

Example: A loan amount of $50,000 at 4.250% for one year would have a quarterly interest-only payment of $531.25.

 

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40400 Garfield Road • Clinton Township, MI 48038 • 586.263.8800

Routing number: 272480173

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