Louisville Magazine

MAY 2019

Louisville Magazine is Louisville's city magazine, covering Louisville people, lifestyles, politics, sports, restaurants, entertainment and homes. Includes a monthly calendar of events.

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20 LOUISVILLE MAGAZINE 5.19 SPECIAL ADVERTISING SECTION Q: I've found a house I love and want to buy it; however, I'm afraid my dream house will sell before I can sell my current home. A: With Republic Bank's new Contingency Relief Loan, you can get the home of your dreams before selling your existing home and without a contingency offer, you have an advantage over other buyers at the negotiating table. You'll borrow up to 90% of the value of your existing home to purchase your new home and, in some cases, have enough left over to make repairs or enhancements to your existing home. Q: You mean I can buy my new house now and then make repairs to my current house in an effort to get top dollar? A: Yes! Paint, refresh the landscaping, get new flooring or make a repair to Q&A with Jason Howze, Republic Bank your old home so you can maximize profits from its sale. Plus, your old home will be ready at all times for showings to potential buyers. Q: What happens when my current house sells? A: We'll use the proceeds from your sale to refinance the Contingency Relief Loan into what we call an In Loan. The In Loan can be a 30- or 15-year fixed rate loan. Our experienced loan officers will help you get the best In Loan product for your individual needs. Q: How is a Contingency Relief Loan better than a bridge loan offered by other banks? A: A bridge loan involves both properties. The Contingency Relief Loan only borrows against your old or existing home. Jason Howze is Senior Vice President and National Sales Manager at Republic Bank, NMLS ID# 7525. For more information about how Republic Bank's Contingency Relief Loan can work for you, visit RepublicBank.com or call 1-866-758-3970. Republic Bank. Equal Housing Lender. NMLS# 402606. Member FDIC. As of 4/10/2019: $250,000 30-year fixed-rate loan, 4.218% Annual Percentage Rate (APR) with 360 payments of $1,211.62. 80% loan-to-value on purchases; Loan example does not include monthly taxes and insurance and your actual payment may be greater. Offer and rates subject to change. Loan subject to underwriting and approval. Additional restrictions apply. Limited time offer. Republic Bank & Trust Company Loan Originator ID #402606. As of 4/10/2019: $250,000 15-year fixed-rate loan, 3.750% Annual Percentage Rate (APR) with 180 payments of $1,818.06. 80% loan-to-value on purchases; Loan example does not include monthly taxes and insurance and your actual payment may be greater. Offer and rates subject to change. Loan subject to underwriting and approval. Additional restrictions apply. Limited time offer. Republic Bank & Trust Company Loan Originator ID #402606. 1-866-758-3970 republicbank.com

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