Remove Closing costs Remove Debt-to-income ratio Remove Home sale contingency
article thumbnail

Bridge Loans in Phoenix: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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 helps you buy a new home while youre still in the process of selling your current one. You can make a non-contingent offer : Sellers often prefer buyers without home sale contingencies.

article thumbnail

Bridge Loans in Las Vegas: Unlock Your Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan in real estate is a short-term loan that helps you buy a new home while youre in the process of selling your current one. Your lender may calculate your debt-to-income ratio to decide if you qualify.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bridge Loans in Scottsdale: How to Unlock Home Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term loan designed to help you buy a new home before your current one sells. Rather than miss out, you can use your home’s equity to fund the down payment and closing costs for your new property.

article thumbnail

Bridge Loans in Sacramento: How to Unlock Home Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term financing option that helps you buy a new home while your current one is still on the market. You only need to move once: Skip the hassle and extra costs of temporary housing or storage.

article thumbnail

Bridge Loan in Orlando: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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 helps you buy a new home before your current one sells. Your debt-to-income ratio (DTI) also comes into play. You’ve found your next home and need to act fast to secure it.

article thumbnail

Bridge Loans in NYC: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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. A bridge loan is a short-term loan that helps you buy a new home before your current one sells.

article thumbnail

Bridge Loans in Sacramento: How to Unlock Home Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term financing option that helps you buy a new home while your current one is still on the market. You only need to move once: Skip the hassle and extra costs of temporary housing or storage.