HomeLight

DECEMBER 13, 2023

You might think your only option is to sell your current home, temporarily relocate, and then begin the hunt for your dream house. A bridge loan is a short-term loan that “bridges the income gap” between selling your existing property and purchasing your next home. What is a bridge loan, in simple words?

Equity 101

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

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?

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 7, 2023

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. But what if you could seamlessly transition from your current home to the next? But what if you could seamlessly transition from your current home to the next?

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

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. You can then make a strong offer on your next home with no home sale contingency. But what if there was a smoother pathway?

Equity 99

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

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 101

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

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 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

JANUARY 30, 2024

It’s a common dilemma: you must sell to finance your next home, but where do you live? This short-term financing tool could be the very thing you need to bridge the gap, allowing you to purchase your new Denver home before you’ve sold your old one. Here’s where the debt-to-income ratio (DTI) becomes crucial.

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 29, 2023

Selling your old home while simultaneously buying a new one in Indiana can often feel like a delicate balancing act. You can then make a strong offer on your next home with no home sale contingency. This financial tool can be a game-changer in ensuring a smooth transition between homes.

Equity 103

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

HomeLight

NOVEMBER 29, 2023

For many Idaho homeowners, it might seem like the only path forward is to sell first, move into a temporary location, and then embark on the hunt for a new home. You can then make a strong offer on your next home with no home sale contingency. A crucial factor in this equation is your debt-to-income ratio (DTI).

Equity 87

Equity Loans Home sale contingency Debt-to-income ratio 87

HomeLight

NOVEMBER 30, 2023

Selling your old home while simultaneously buying a new one in Iowa can often feel like a delicate balancing act. You can then make a strong offer on your next home with no home sale contingency. This financial tool can be a game-changer in ensuring a smooth transition between homes.

Equity 92

Equity Loans Debt-to-income ratio Home sale contingency 92

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 98

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

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. This short-term financing option is designed to bridge the gap, allowing you to purchase your new home in New Jersey before you’ve sold your old one.

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

NOVEMBER 17, 2023

You might find yourself in a predicament where it seems the only option is to sell your home, move out, and temporarily relocate while you hunt for your new dream house. As a short-term financing option, bridge loans offer the unique advantage of helping you purchase your new home before you’ve sold your old one.

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 29, 2023

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. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words?

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

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. You can then make a strong offer on your next home with no home sale contingency. But what if there was a smoother way to transition?

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

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. You can then make a strong offer on your next home with no home sale contingency.

Equity 86

Equity Loans Debt-to-income ratio Home sale contingency 86

HomeLight

NOVEMBER 29, 2023

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. This short-term financing option is designed to help you bridge the gap, allowing you to buy your new home in Washington state before you’ve sold your current one.

Equity 90

Equity Loans Debt-to-income ratio Home sale contingency 90

Redfin

MARCH 3, 2022

Sometimes when a homebuyer wants to close on the home as quickly as possible, it can lead to unrealistic contract dates. However, there are often unpredictable roadblocks that can arise during the closing process that will push back your closing and keep you from meeting your deadlines.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

DECEMBER 7, 2023

Selling your old home while buying a new one in Seattle can be a challenging balancing act, especially regarding timing and finances. This can be even more difficult in a market where inventory is scarce and home prices are rising. You can then make a strong offer on your next home with no home sale contingency.

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

HomeLight

DECEMBER 8, 2023

Dealing with the real estate market in Los Angeles can feel impossible, especially when selling your current home while purchasing a new one. It’s an incredibly common scenario, and you might think your only option is to sell your home, temporarily relocate, and then wade through L.A.’s What is a bridge loan, in simple words?

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

HomeLight

DECEMBER 8, 2023

If you’re juggling the sale of your current Ohio home with the purchase of a new one, it might feel like walking a financial tightrope. You might think the only option is to sell your old home, move to a temporary location, and then embark on the hunt for your new home. What is a bridge loan, in simple words?

Equity 93

Equity Loans Debt-to-income ratio Home sale contingency 93

HomeLight

DECEMBER 6, 2023

Are you a homeowner in Chicago grappling with the challenge of selling your old home while eyeing your next dream house? Transitioning from one home to another often involves a delicate balance of timing and finances, especially in a market where inventory is scarce and prices are soaring. You’re not alone.

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

HomeLight

NOVEMBER 17, 2023

Navigating the real estate market in Maryland can feel like a high-stakes balancing act, especially when trying to sell your old home and simultaneously secure your new dream house. Often, it might seem like your only option is to sell your current property, find temporary accommodation, and then embark on the hunt for your new home.

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

NOVEMBER 21, 2023

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is essentially a financial tool designed to help you, the homeowner, when you’re caught in the common dilemma of needing to buy a new home before selling your existing one. What is a residential bridge loan?

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

NOVEMBER 15, 2023

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term loan that provides you with the necessary funds to buy your new home before you’ve sold your existing one. Often, the lender who is financing your new home will also provide the bridge loan.

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

HomeLight

NOVEMBER 30, 2023

Navigating the real estate market in Nevada can be a challenging journey, especially when you’re trying to sell your old home and buy a new one simultaneously. You can then make a strong offer on your next home with no home sale contingency. Equity requirements: Lenders assess the equity in your current home.

Equity 95

Equity Loans Debt-to-income ratio Home sale contingency 95

HomeLight

DECEMBER 6, 2023

Stepping into the real estate market in Houston can feel like a high-wire act, especially when trying to balance selling your current home with purchasing a new one. You can then make a strong offer on your next home with no home sale contingency. The lender financing your new home often offers you a bridge loan.

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

HomeLight

SEPTEMBER 27, 2023

If you are selling your home in Colorado but also looking to purchase a new one, the timing of both transactions can feel impossible to plan perfectly. If you are selling your home in Colorado but also looking to purchase a new one, the timing of both transactions can feel impossible to plan perfectly.

Equity 83

Equity Loans Debt-to-income ratio Home sale contingency 83

HomeLight

NOVEMBER 21, 2023

You might find yourself in a dilemma, thinking your only option is to sell your existing home, move to a temporary location, and then embark on the hunt for your dream house. But what if there’s a smoother path to transition from your old home to your new one? A key factor in this process is your debt-to-income ratio (DTI).

Equity 98

Equity Loans Debt-to-income ratio Staging 98

HomeLight

NOVEMBER 6, 2023

If you’re in the midst of selling your Massachusetts home and on the hunt for your next dream property, you know that synchronizing both deals can be a nerve-wracking puzzle. Especially in a market where inventory is scarce and home prices are high, the balancing act can seem daunting. What is a bridge loan?

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Oregon can often feel like a high-stakes balancing act, especially when you’re caught in the dilemma of selling your current home while eyeing your next dream house. You might think your only option is to sell, vacate, and temporarily relocate while you search for a new home.

Equity 77

Equity Loans Debt-to-income ratio Home sale contingency 77

HomeLight

SEPTEMBER 25, 2023

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. That lender may calculate your debt-to-income ratio (DTI) to qualify you for a bridge loan.

Equity 82

Equity Loans Debt-to-income ratio Home sale contingency 82

HomeLight

JULY 29, 2022

Closing on a house is a thrilling time for buyers : Once you’ve found the one and have an accepted offer, you’re ready to grab the keys and make it your own. But closing time can also be plenty to rack your nerves. This can radically alter their debt-to-income ratio and jeopardize the whole deal.

Closing 103

Closing Purchase and sale agreement Title Home sale contingency 103

HomeLight

MARCH 31, 2023

So you’ve been house-hunting a bit prematurely and fell in love with your dream home — but wait, don’t you have to sell your old home first? Bridge loans are short-term financing solutions that help homeowners purchase a new home before selling their old one. and is intended for educational purposes, not financial advice.

Loans 72

Loans Debt-to-income ratio Equity Finance 72

HomeLight

MARCH 31, 2023

With low inventory and notoriously high home prices, California homeowners are looking for creative financing solutions to fund their dream home purchases. In real estate, a bridge loan is intended to be a convenient and fast way to buy your new home without waiting for your old home to sell.

Equity 78

Equity Loans Debt-to-income ratio Finance 78