Closing costs Debt-to-income ratio Equity 
HomeLight
JANUARY 29, 2024
When a homeowner needs fast access to cash for a life change or opportunity, their first thought may be to tap into their equity. But what if you can’t afford to make additional monthly payments on a traditional home equity loan, or your credit score won’t qualify for a cash-out refinance or line of credit? homeowners.
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. It hands you the cash needed for a down payment and covers those pesky closing costs on your new purchase.
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HomeLight
NOVEMBER 15, 2024
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 type of loan leverages the equity in your existing property, giving you the cash you need for a down payment and closing costs on your next home. Yes, You Can Buy Before You Sell.
Housing Wire
MARCH 14, 2023
The increase in Special Purpose Credit Programs (SPCPs) could play a promising role in closing the non-Hispanic White and Latino homeownership gap, NAHREP said. SPCP mortgage types include refinance, purchase, construction, home equity lines of credit ( HELOC ) and down payment or closing cost assistance.
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. An important factor in this process is your debt-to-income ratio (DTI).
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. Imagine it as a short-term lending solution that taps into the equity of your current home.
HomeLight
DECEMBER 15, 2023
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. This type of loan leverages the equity in your existing home, providing you with the necessary funds for a down payment and to cover the closing costs of your new property.
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