HomeLight

DECEMBER 7, 2023

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. It leverages the equity in your existing home, providing the money required for the down payment and closing costs for your dream home.

Equity 104

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

HomeLight

JANUARY 30, 2024

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. It uses the equity from your previous Denver home to help cover the down payment and closing costs for your new abode.

Equity 97

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

HomeLight

NOVEMBER 30, 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. It allows you to tap into your existing home’s equity to cover the down payment and closing costs for your new property.

Equity 105

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

HomeLight

NOVEMBER 30, 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. This is where the equity in your existing home steps in to cover the down payment and closing costs for your new abode.

Equity 102

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

HomeLight

NOVEMBER 30, 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. The key here is leveraging the equity in your existing home.

Equity 104

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

HomeLight

NOVEMBER 30, 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. In this situation, the equity from your existing home is used to cover the new property’s down payment and closing costs.

Equity 97

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

HomeLight

DECEMBER 14, 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. Consider it a temporary funding source that taps into your existing home’s equity.

Equity 101

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

HomeLight

DECEMBER 4, 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. While generally costlier than conventional mortgages, bridge loans are crafted for convenience and speed.

Equity 102

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

HomeLight

NOVEMBER 17, 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. It’s important to note that bridge loans usually have higher interest rates compared to traditional mortgages.

Equity 97

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

HomeLight

NOVEMBER 29, 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. The lender handling your mortgage for the new home will often manage your bridge loan.

Equity 106

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

HomeLight

NOVEMBER 29, 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. The lender handling your mortgage for the new home will often manage your bridge loan.

Equity 95

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

HomeLight

NOVEMBER 29, 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. The lender handling your mortgage for the new home will often manage your bridge loan.

Equity 94

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

HomeLight

NOVEMBER 17, 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. Often, the same lender who’s working with you on your new mortgage will also facilitate your bridge loan.

Equity 96

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

HomeLight

NOVEMBER 29, 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. The same lender handling your new mortgage will often manage your bridge loan. When is a bridge loan a good solution?

Equity 92

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

HomeLight

NOVEMBER 29, 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. Often, the lender handling your mortgage for the new home will also manage your bridge loan.

Equity 91

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

HomeLight

NOVEMBER 29, 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. The lender working with you on your new mortgage will often manage your bridge loan.

Equity 96

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

Housing Wire

MARCH 30, 2021

The trade organization’s letter states: “We also are concerned that the Proposed Rule’s real purpose is to set the stage for the Bureau to reopen the 2020 General QM Rule. We firmly believe that reopening the 2020 General QM Rule would not be in the public interest.

Debt-to-income ratio 450

Debt-to-income ratio Loans Mortgages Lending 450

Windemere Selling

JUNE 13, 2022

Homeowners can often reach a financial fork in the road when they must decide to either refinance their existing mortgage or sell their home. Each route has its respective advantages depending on your financial health, the mortgage rate market , and the future needs of your household. So, how do you decide between the two?

Debt-to-income ratio 52

Debt-to-income ratio Fixed-rate mortgage Loans Principal 52

HomeLight

OCTOBER 28, 2021

Considering buying a one-bedroom to start building equity, but worried it’ll be hard to sell down the line? This impacts you, the seller, because early homeowners may not qualify for a mortgage as high as veteran buyers. Strategically stage each room. Removing clutter is always step number one,” Casalnova says.

Staging 96

Staging Debt-to-income ratio Investor Agents 96

HomeLight

AUGUST 31, 2020

Today homeowners are building guest houses as creative solutions to multi-generational housing and house hacking their mortgages. It’s the easiest way to cover their mortgage payment.”. Would you ever move into the guest house and rent out your main house to live mortgage free? Guest houses by definition.

Debt-to-income ratio 97

Debt-to-income ratio Construction Loans Equity 97

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. Think of it as a temporary loan that taps into the equity of your existing home.

Equity 98

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

HomeLight

NOVEMBER 21, 2023

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. This type of loan taps into the equity of your current home, providing the necessary funds for a down payment and other expenses linked to your new home purchase.

Equity 103

Equity Loans Debt-to-income ratio Staging 103

HomeLight

NOVEMBER 17, 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. It uses the equity in your existing home to provide immediate funds for a down payment and closing costs on your new property.

Equity 104

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

HomeLight

DECEMBER 8, 2023

This short-term financial tool bridges the income gap, allowing you to purchase your new Los Angeles home before selling your existing one. A bridge loan is a short-term loan that taps into your existing home’s equity, providing you with the necessary funds to make a down payment and cover closing costs on your new home.

Equity 99

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

HomeLight

DECEMBER 7, 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. The lender handling your mortgage for the new home will often manage your bridge loan.

Equity 99

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

HomeLight

DECEMBER 6, 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. While bridge loans are generally pricier than traditional mortgages, they offer a significant advantage: speed and convenience.

Equity 99

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

HomeLight

NOVEMBER 15, 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. A crucial factor in this process is your debt-to-income ratio (DTI).

Equity 93

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

HomeLight

NOVEMBER 30, 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. Prepare your old home in peace: Enhance and stage your previous home for sale without the pressures of living there.

Equity 100

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

HomeLight

DECEMBER 6, 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. While bridge loans are typically pricier than conventional mortgages, they offer a significant advantage – speed.

Equity 93

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

HomeLight

MARCH 31, 2023

A bridge loan is typically more expensive than a traditional mortgage. 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. So in the past few years, I think it’s pretty easy [for borrowers to qualify] because of the equity spike.

Equity 83

Equity Loans Debt-to-income ratio Finance 83

HomeLight

NOVEMBER 21, 2023

A bridge loan offers a practical way to leverage the equity in your current home, providing financial flexibility. 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 80

Equity Loans Debt-to-income ratio Home sale contingency 80

HomeLight

SEPTEMBER 27, 2023

If you are relying on the equity in your current home to make a down payment on the new one, it may seem your only option is to sell, move out, and find a third location to live while you shop for the new house. A bridge loan is typically more expensive than a traditional mortgage. Need to Buy Before You Sell?

Equity 88

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

HomeLight

NOVEMBER 6, 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. However, it’s essential to note that a bridge loan can be pricier than your typical mortgage.

Equity 102

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

The Close

AUGUST 18, 2020

Sure, this may turn away buyers who are looking for move-in-ready homes, but it will also attract the right buyers who are handy and looking for sweat-equity opportunities. Thanks to the internet, obtaining a mortgage today is faster than ever. Make it part of your staging process. Educate the Buyer About Financing Pitfalls.

Inspection 96

Inspection Debt-to-income ratio Title Closing 96

HomeLight

JANUARY 7, 2022

Here are some factors they’ll consider as they walk you through the first few steps: Your current financial situation: The biggest challenge you’ll likely face is coming up with a down payment for your new home while your equity and investment are still tied up in your current house. Next: Understand the timeline. List your house for sale.

Equity 104

Equity Loans Debt-to-income ratio Closing 104

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. According to information collected by CoreLogic, a property data provider, homeowners averaged an equity gain of more than $56,000 in 2021.

Equity 121

Equity Debt-to-income ratio Closing Loans 121

HomeLight

JUNE 28, 2023

Rather than search for that black-and-white answer, you should navigate this decision based on your individual priorities, which will shift as you enter different stages of life and financial circumstances. If you’d paid that same amount toward a mortgage, you’d have gained equity in that long-term property investment,” she adds.

Debt-to-income ratio 88

Debt-to-income ratio Equity As-is Staging 88