HomeLight

NOVEMBER 29, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. You can then make a strong offer on your next home with no home sale contingency. Only one move is required: Avoid the hassle and cost of moving twice.

Equity 100

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

HomeLight

DECEMBER 7, 2023

Enter the bridge loan – a short-term financing option. Bridge loans allow you to purchase a new home before selling your current residence, alleviating pressure and uncertainty while unlocking the equity in your current home. You can then make a strong offer on your next home with no home sale contingency.

Equity 97

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

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. What are closing costs?

Closing costs 75

Closing costs Closing Inspection Loans 75

Housing Wire

FEBRUARY 15, 2024

And that’s how Saller’s clients — siblings in their early 20s — can close on a $335,000, three-bedroom condominium in Jackson, New Jersey, early in March. They’re using a DPA program through the New Jersey Housing and Mortgage Finance Agency (NJHMFA). Everybody needs some kind of assistance in buying a home,” Saller said.

FHA loan 438

FHA loan Loans Closing costs Loan Officer 438

HomeLight

NOVEMBER 29, 2023

Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging. You can then make a strong offer on your next home with no home sale contingency. Bridge loans are sometimes referred to as gap financing or swing loans.

Equity 93

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

HomeLight

DECEMBER 15, 2023

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. A bridge loan is a short-term financing solution, giving you the necessary income to purchase a new home, even before you’ve sold your current one.

Equity 92

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

HomeLight

NOVEMBER 30, 2023

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. You can then make a strong offer on your next home with no home sale contingency. The key here is leveraging the equity in your existing home.

Equity 97

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

HomeLight

NOVEMBER 30, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. You can then make a strong offer on your next home with no home sale contingency. But there’s an alternative that might just be the solution you’re looking for: a bridge loan.

Equity 89

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

HomeLight

DECEMBER 13, 2023

Balancing limited time and finances may feel impossible in a market where inventory is tight and prices continue to rise. 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.

Equity 98

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

HomeLight

NOVEMBER 30, 2023

Selling your home in Missouri and buying a new one often involves a tricky dance of timing and finances. 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.

Equity 98

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

HomeLight

NOVEMBER 29, 2023

A bridge loan is a short-term financing solution designed to bridge the gap, allowing you to purchase your new Hawaiian dream home before you’ve sold your current 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 86

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

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. But a potential solution to this buy-sell conundrum is a bridge loan.

Equity 88

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

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. You can then make a strong offer on your next home with no home sale contingency. Bridge loans rely on equity in your current home. When is a bridge loan a good solution?

Equity 89

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

HomeLight

DECEMBER 6, 2023

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. Enter the bridge loan – a short-term financing option that could be the key to securing your new home before you’ve sold your old one. You’re not alone.

Equity 91

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

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

Equity 88

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

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. Enter the bridge loan — a short-term financing option that lets you purchase your home before you’ve sold your old one. Additionally, lenders will assess the equity in your current home.

Equity 91

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

HomeLight

NOVEMBER 29, 2023

It’s a short-term financing option that helps you purchase a new home in New York before selling your old one, smoothing out the transition and fitting the pieces of your property puzzle together. You can then make a strong offer on your next home with no home sale contingency. How does a bridge loan work in New York?

Equity 83

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

HomeLight

NOVEMBER 17, 2023

This short-term financing option offers a seamless transition by empowering you to purchase your new Maryland home before selling your old one, ensuring you don’t have to juggle between selling, moving, and buying in a tight timeline. You can then make a strong offer on your next home with no home sale contingency.

Equity 97

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

HomeLight

DECEMBER 14, 2023

A bridge loan is a short-term financing option that allows you to buy a new home before selling your current one. 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.

Equity 93

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

HomeLight

NOVEMBER 29, 2023

In a market with limited inventory and high prices, aligning the timing and finances for both transactions becomes a significant challenge. You can then make a strong offer on your next home with no home sale contingency. Selling your old home while buying a new one in Wisconsin can often feel like a delicate balancing act.

Equity 86

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

Housing Wire

AUGUST 21, 2023

The fastest-growing housing tech firm in 2023 was OptiFunder , which claims to produce the mortgage industry’s only optimization software built to systematically decision warehouse funding allocations and automate the complicated process of funding through loan sale. Based in Missouri, OptiFunder had a three-year growth rate of 4,767%.

Equity 349

Equity Technology Investor Lending 349

HomeLight

DECEMBER 5, 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. Transition seamlessly.

Equity 89

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

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Minnesota can feel like a high-wire act, especially when you’re juggling the sale of your current home with the purchase of a new one. Enter the bridge loan, a financial lifeline that can synchronize the purchase of your new Minnesota home while leveraging the equity of your current property.

Equity 94

Equity Loans Debt-to-income ratio Staging 94

HomeLight

NOVEMBER 30, 2023

This short-term financing option is designed to help you purchase your new home in Maine before selling your old one, easing the transition and aligning the pieces of your real estate journey more smoothly. You can then make a strong offer on your next home with no home sale contingency. What are the drawbacks of a bridge loan?

Equity 95

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

HomeLight

DECEMBER 4, 2023

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. You can then make a strong offer on your next home with no home sale contingency. The financial institution handling your new mortgage will often manage your bridge loan.

Equity 95

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

HomeLight

DECEMBER 8, 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.

Equity 91

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

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. 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 87

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

HomeLight

DECEMBER 6, 2023

Designed as a short-term financing option, bridge loans empower you to secure your next home in Houston before you’ve sold your existing one, simplifying the buy-sell process significantly. 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 85

Equity Loans Debt-to-income ratio Home sale contingency 85

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years.

Loan Officer 374

Loan Officer Equity Finance Loans 374

Housing Wire

NOVEMBER 2, 2022

Rocket Mortgage is now offering a conventional loan option for buyers who want to purchase or refinance a manufactured home, which expands the home financing options in a rapidly shrinking industry. In the past year, there was roughly $12 billion in sales of manufactured homes. But not every manufactured home owner owns the land.

Loans 368

Loans Mortgages Land Finance 368

HomeLight

NOVEMBER 7, 2023

As a short-term financing solution, bridge loans empower you to leap ahead to purchase your new Oklahoma home before saying goodbye to your old one, helping you keep all the pieces in place without the interim shuffle. You can then make a strong offer on your next home with no home sale contingency.

Equity 93

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

HomeLight

NOVEMBER 3, 2023

Enter the bridge loan — a strategic, short-term financing solution designed to help you purchase that new dream home without waiting for your old one to sell. You can then make a strong offer on your next home with no home sale contingency. But what if there was a smoother pathway? How does a bridge loan work in Utah?

Equity 96

Equity Loans Debt-to-income ratio Home sale contingency 96

HomeLight

NOVEMBER 17, 2023

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. You can then make a strong offer on your next home with no home sale contingency. But there’s a smoother path to consider. Picture a bridge loan as your financial stepping stone.

Equity 88

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

HomeLight

NOVEMBER 6, 2023

A bridge loan might be the lifeline you need, offering a short-term financing solution that lets you purchase your new home even before you’ve handed over the keys to your old one. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan? The lender is taking on a heftier risk.

Equity 94

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

HomeLight

NOVEMBER 29, 2023

Tailored as a short-term financing option, a bridge loan empowers you to leap ahead and purchase your new Idaho home before you’ve sold your current one, smoothing out the transition and keeping you on track towards your real estate goals. You can then make a strong offer on your next home with no home sale contingency.

Equity 84

Equity Loans Home sale contingency Debt-to-income ratio 84

HomeLight

DECEMBER 13, 2023

This allows you to utilize the equity from your existing property and streamline the transition into your new home without needing temporary housing. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words? What is a bridge loan, in simple words?

Equity 101

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

Housing Wire

SEPTEMBER 8, 2022

Bank of America recently announced a loan for lower-income households that doesn’t require homebuyers to come up with a downpayment or closing costs, and doesn’t base the loan on a minimum FICO score. million homes for sale, but in 2022 we got as low as 870,000 in total inventory.

Loans 542

Loans Banks Equity Closing costs 542