Move in now.
Financial flexibility so you can take your time selling your home.
Welcome Seniors to the St. Mark Village Best of Both Worlds Bridge Financing Program!
When you want to enjoy the best of both worlds by moving now with financial flexibility and time to sell your home for the best possible price, Second Act’s bridge financing program may be helpful. It is especially created for you by bank professionals who understand and with decades of experience serving Life Plan leadership and community residents.
Second Act is a senior-focused division of Liberty Savings Bank, F.S.B., a family-owned bank from Wilmington Ohio, founded in 1889. Our sole purpose is to provide tailor-made programs to seniors with unrivaled support to professionals like you who serve them every day. Our Moving Solutions team can also assist with helping you find a realtor, prepare, list and sell their home while keeping you apprised every step of the way!
The Best of Both Worlds!
It’s as easy as 1,2,3!
1. Apply for an overall Home Equity Line of Credit amount.
2. If approved and you close on your Home Equity Line of Credit Loan your funds are sent directly to your retirement community. Additional funds can be used for home renovations.
3. You make much smaller interest-only payments on the amount you have borrowed. When you have sold your home you pay back your Home Equity Line of Credit in full.