Closing costs Debt-to-income ratio Home sale contingency Lending 
Redfin
MARCH 3, 2022
“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.
HomeLight
NOVEMBER 21, 2023
Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home 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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
MARCH 31, 2023
To give you all the information you need to evaluate if a bridge loan is right for you, we spoke with Rick Ruiz , who sells homes 67% faster than other agents in the Las Vegas, Nevada area, and Heidi Daunt , Branch Manager and owner of Treehouse Mortgage Group with over 35 years of lending experience. Let’s dive in.
HomeLight
MARCH 31, 2023
The bridge lender will lend the buyer the equity they have built in their existing house so they can move forward with the purchase of a new home. The most common scenario in real estate where a California buyer will need to apply for a bridge loan occurs when they need to purchase their new property before their old home has sold.
HomeLight
JULY 29, 2022
“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. This can radically alter their debt-to-income ratio and jeopardize the whole deal.
Expert insights. Personalized for you.
62 
Let's personalize your content