Debt-to-income ratio Equity Pre-qualification 
Redfin
JUNE 13, 2025
Buying your second home comes with experience on your side and valuable advantages: financial history, equity from your current home, and a clearer sense of what you want. Consider financial tools like bridge loans or home equity loans for your new home’s down payment before your current one sells. Example cost impact: At a 6.8%
Redfin
JULY 30, 2025
Key takeaways: First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education Buying your first home? Let’s get started.
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Redfin
JULY 30, 2025
This way, you’ll have a chance to build equity. The longer you own your home, the more equity you’ll build, leading to greater financial return when you decide to sell your home. >> Lower your debt-to-income ratio: Paying down existing debt can improve your financial profile, helping you qualify for lower interest rates.
Redfin
JULY 31, 2025
Look into first-time homebuyer benefits Many programs are designed to make homeownership more accessible for first-time buyers by reducing upfront costs, lowering monthly payments, and helping with mortgage qualification. Think about resale value and the potential to build equity Your first home is a step toward long-term financial growth.
Redfin
JULY 7, 2025
Get clear pre-approval: Make sure your mortgage pre-approval reflects your current debts, legal obligations, and post-divorce income so you know what you can truly afford. Alimony and your post-divorce income will also play a role in determining what you can afford and how lenders will view your application.
Housing Wire
MAY 25, 2022
In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? More people are diversifying their income streams and opting to work for themselves or through real estate investments. Why partner with Newrez?
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.
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