Old Second

 

Special Financing Situations

Old Second offers flexible solutions for your special or complex financing needs. Whether you want to build a home from the ground up, supplement your retirement income, or help your parents remain in their home while covering in-home health care costs, an Old Second residential lender can help craft a solution for you.

Financing Options

  • Old Second Specialty Programs

    At Old Second, we offer access to a variety of specialty residential financing programs. A residential lender can work with you to discuss your needs and what options work best for you.

    • Vacant lot loans offer short-term and intermediate-term financing when you want to purchase land on which you plan to construct your primary residence
    • Construction loans offer solutions to help you build your primary home and to meet builder requirements for interim financing on new construction
    • Bridge or “gap” loans help you obtain financing to make a down payment and pay closing costs on your new home before you receive the proceeds from the sale of your current property