HomeLight

DECEMBER 13, 2023

Selling your existing San Diego home while trying to purchase a new one can feel insurmountable. You might think your only choice is to sell your current home, find a temporary place to live, and search for your new house. But there’s an alternative you probably haven’t considered — a bridge loan.

Equity 114

Equity Loans Debt-to-income ratio Home sale contingency 114

HomeLight

DECEMBER 29, 2023

Selling your old home while looking for a new one in Dallas can be difficult, especially when juggling the complex timing and limited finances. However, there’s a solution that you may not have considered: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

HomeLight

NOVEMBER 30, 2023

Selling your home in Missouri and buying a new one often involves a tricky dance of timing and finances. This becomes particularly challenging in a market where homes are scarce, and prices are high. You might think your only choice is to sell your current home, find a temporary place to live, and then hunt for your new dream house.

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

DECEMBER 15, 2023

Selling your Atlanta home while looking to purchase a new one can be tricky. Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. However, there’s one financial tool you probably haven’t considered – a bridge loan.

Equity 105

Equity Loans Debt-to-income ratio Home sale contingency 105

HomeLight

DECEMBER 15, 2023

Managing the sale of your Austin home while trying to purchase a new one can be difficult. With rising prices in a market where homes are in high demand, timing your sale and purchase can be particularly challenging. But what if there was a better way to transition from your old home to your new one? Enter the bridge loan.

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

HomeLight

NOVEMBER 30, 2023

Buying and selling homes in Maine often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. As a homeowner, you might feel cornered into selling your current home before you can afford to buy a new one, leading to the hassle of finding temporary housing in the interim.

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

HomeLight

NOVEMBER 29, 2023

Selling your old home while simultaneously buying a new one in Indiana can often feel like a delicate balancing act. But there’s an alternative that might just be the solution you’re looking for: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

OCTOBER 30, 2023

However, it’s actually quite common to sell your home before it’s paid off. In Q1 2023, homeowners who sold their homes had an average ownership duration of 5.59 What's Your Home Worth? Request an instant home value estimate to for a ballpark estimation of how much equity you have before selling a house with a mortgage.

Equity 108

Equity Loans Mortgages Fixed-rate mortgage 108

HomeLight

DECEMBER 5, 2023

Are you a Connecticut homeowner caught in the challenging dance of selling your old home and buying your new one? Picture this: you’ve found your dream home, but your current one hasn’t sold yet. That’s where a bridge loan in Connecticut can be your saving grace. What is a bridge loan, in simple words?

Equity 103

Equity Debt-to-income ratio Loans Home sale contingency 103

HomeLight

DECEMBER 7, 2023

trying to sell your old home while buying a new one? It can be difficult to juggle the timing and financial details when you’re pressed to sell before you can invest in your new home. Enter the bridge loan – a short-term financing option. You can then make a strong offer on your next home with no home sale contingency.

Equity 108

Equity Loans Home sale contingency Debt-to-income ratio 108

HomeLight

DECEMBER 4, 2023

Selling your old home while buying a new one in North Carolina often presents a tricky balance of timing and funds. In a market where inventory is low and prices are high, synchronizing the sale of your current home with purchasing a new one adds an extra layer of complexity. What is a bridge loan, in simple words?

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

HomeLight

NOVEMBER 30, 2023

Selling your old home while simultaneously buying a new one in Iowa can often feel like a delicate balancing act. But there’s an alternative that might just be the solution you’re looking for: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 104

Equity Loans Debt-to-income ratio Home sale contingency 104

HomeLight

DECEMBER 14, 2023

Purchasing a home in San Francisco when trying to sell your current one can be a nightmare, especially when trying to sell your current home when purchasing a new one. A bridge loan is a short-term financing option that allows you to buy a new home before selling your current one. What is a bridge loan, in simple words?

Equity 106

Equity Loans Debt-to-income ratio Home sale contingency 106

HomeLight

NOVEMBER 30, 2023

Selling your old home and buying a new one in New Jersey often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. However, there’s a solution that could help align these moving parts more seamlessly: a bridge loan. What is a bridge loan, in simple words?

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Hawaii can often feel like a high-stakes balancing act, especially when you’re trying to sell your old home while buying a new one. Enter the bridge loan, a potential game-changer for your real estate strategy. You can then make a strong offer on your next home with no home sale contingency.

Equity 101

Equity Loans Debt-to-income ratio Home sale contingency 101

Housing Wire

NOVEMBER 10, 2023

With soaring home prices and mortgage rates putting a damper on the market for new home loans and refinancing options, it’s a challenging time for homebuyers and lenders alike. While the current climate may be causing existing-home sales and inventory to fall, it’s driving renewed interest in home equity options.

Equity 379

Equity Lending Banks Loans 379

HomeLight

NOVEMBER 29, 2023

Selling your old home while buying a new one in Wisconsin can often feel like a delicate balancing act. For many homeowners in Wisconsin, it might seem that the only option is to sell first, then face the inconvenience of moving to a temporary location while searching for that perfect new home. What is a bridge loan, in simple words?

Equity 101

Equity Loans Debt-to-income ratio Home sale contingency 101

HomeLight

NOVEMBER 29, 2023

Navigating the complexities of selling your old home while purchasing a new one in Michigan can often feel like a high-stakes balancing act. For many homeowners, it might seem like the only viable path is to sell first, then endure the inconvenience of moving to a temporary location while hunting for that perfect new home.

Equity 106

Equity Loans Debt-to-income ratio Home sale contingency 106

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Idaho can often feel like a high-stakes balancing act, especially when you’re caught between selling your old home and securing your new dream house. However, there’s a strategic solution that might just be the missing piece in this complex puzzle: a bridge loan.

Equity 99

Equity Loans Home sale contingency Debt-to-income ratio 99

Bigger Pockets

JULY 8, 2023

Choosing between a HELOC vs home equity loan is a big decision. We'll explain the benefits of each to help you make the best choice.

Equity 110

Equity Loans Investor Finance 110

Housing Wire

APRIL 24, 2024

Seniors could choose to employ home equity through a reverse mortgage or other equity-tapping product to manage a series of expenses in retirement , but when it comes to managing their tax burden , it can get more complicated.

Equity 331

Equity Loans Finance Mortgages 331

HomeLight

NOVEMBER 3, 2023

Navigating the competitive real estate landscape of Utah can be daunting, especially when you’re caught in the delicate dance of selling your current home while securing your next one. In this guide, we explain the ins and outs of bridge loans in Utah and help you decide if they could be the answer to your property puzzle.

Equity 109

Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

NOVEMBER 7, 2023

Navigating the intricate dance of selling your old home while securing your new dream house in Oklahoma can be a daunting task. For many, it feels like the only path is to sell, move into a temporary place, and then hunt for a new home — a process that is both costly and stressful. What is a bridge loan, in simple words?

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 29, 2023

Balancing the sale of your old home with purchasing a new one in Washington state can be tricky, especially in a market where homes are scarce and prices are high. You might feel cornered into selling first and then facing the hassle of finding a temporary place to stay while you search for your next home.

Equity 102

Equity Loans Debt-to-income ratio Home sale contingency 102

Realty Biz

AUGUST 16, 2023

Home equity loans are a popular option for homeowners who want to tap into the equity they've built up in their homes. Understanding home equity loans and their associated interest rates is critical for making informed financial decisions.

Equity 72

Equity Loans Debt-to-income ratio Closing costs 72

HomeLight

OCTOBER 25, 2023

Navigating the world of home buying in Arizona can feel like piecing together a complex jigsaw puzzle, especially with tight inventory and soaring property values. Enter the bridge loan: a timely financial lifeline that lets you buy your new home before selling your old one. What is a bridge loan, in simple words?

Equity 106

Equity Loans Debt-to-income ratio Closing costs 106

HomeLight

NOVEMBER 29, 2023

Selling your old home and buying a new one in New York often involves a tricky balance of timing and funds. You might think your only option is to sell your current home, find a temporary place to live, and search for your new dream house. However, a bridge loan could be the solution you’re looking for.

Equity 98

Equity Loans Debt-to-income ratio Home sale contingency 98

Realty Biz

SEPTEMBER 28, 2023

In this ever-changing financial landscape, homeowners now have the keys to unlock a new wealth-building strategy – their home equity. By understanding how much you can benefit from a home equity loan, you're strategically stepping toward financial stability. Let's walk this path together, shall we?

Equity 93

Equity Loans Finance As-is 93

Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. The annual investment volume in the U.S.

Equity 393

Equity Finance Purchase and sale agreement Investor 393

Housing Wire

FEBRUARY 6, 2024

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

Residential 475

Residential Lending Banks Mortgages 475

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. HELOCs have easily been the product with the largest increase in [loan]-trading volumes.”

Equity 439

Equity Lending Banks Loans 439

Housing Wire

JANUARY 30, 2024

Atlanta-based nonqualified mortgage (non-QM) lender Angel Oak Mortgage Solutions is tapping into the home equity line of credit (HELOC) market amid elevated equity levels. Angel Oak’s bank-statement HELOC allows qualified, self-employed borrowers to leverage their home equity while maintaining their primary mortgage.

Mortgages 426

Mortgages Equity Banks Loans 426

Housing Wire

MARCH 7, 2024

Buoyed by a rise in home prices , U.S. homeowners with mortgages saw their home equity increase by 8.6% trillion, according to CoreLogic ’s newest homeowner equity report. Net homeowner equity totaled more than $16.6 Net homeowner equity totaled more than $16.6 In January, home equity increased by 13.2%

Equity 441

Equity Mortgages Loans As-is 441

Housing Wire

MARCH 26, 2024

Just for a moment, let’s imagine a world in which a person purchases a home shortly before a global pandemic. Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs.

Equity 427

Equity Loans Bankruptcy New Construction 427

Housing Wire

DECEMBER 3, 2023

Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Rising equity levels are also contributing to low default and foreclosure activity. for FHA loans and 44.5% for VA loans.

Equity 429

Equity VA loan FHA loan Mortgages 429

HomeLight

JUNE 30, 2023

If you need assistance navigating the use of a bridge loan in Florida, HomeLight encourages you to reach out to your own advisor. If you are selling your home in Florida but also looking to purchase a new one, the timing of both transactions can feel impossible to plan perfectly. Get Started What is a bridge loan, in simple words?

Equity 96

Equity Loans Closing costs Finance 96

Housing Wire

FEBRUARY 19, 2024

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. Assuming he put 3.5%

Equity 404

Equity Purchase and sale agreement Loans Mortgages 404