Remove Closing costs Remove Debt-to-income ratio Remove Equity
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Hispanic homeownership rate rose to 48.6% in 2022

Housing Wire

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.

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Buyer agency: a crucial historical shift in real estate

Housing Wire

Many buyers struggled with the financial burden of covering closing costs , making it difficult or impossible to also cover the compensation for agent representation. A drop in demand not only slows the market but can erode home equity, leaving homeowners with diminished assets. For these buyers, every dollar matters.

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Bridge Loans in Phoenix: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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 youve built in your existing home to give you quick access to cash for a down payment or to cover closing costs on your next purchase.

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Bridge Loans in Las Vegas: Unlock Your Equity to Buy Before You Sell

HomeLight

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 gives you access to the equity in your existing home so you can cover a down payment and closing costs on your new purchase without waiting for your old house to sell. Why Move Twice?

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Bridge Loans in NYC: How to Unlock Home Equity to Buy Before You Sell

HomeLight

You might be curious if theres a way to access your homes equity for a down payment before it sells or if your only option is to move out and crash somewhere temporary while you house hunt. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

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Bridge Loans in Charleston: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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 bridge loan (sometimes called a swing loan or bridging loan) is a short-term loan that uses the equity in your current home to help you move forward with your next purchase. Why Move Twice?

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Thinking of Selling Your Home? Take this Seller Litmus Test

HomeLight

Do you have profit-level home equity? Selling your home at a profit starts with knowing your current equity. This is directly connected to what you’ll walk away with after covering your mortgage balance and other obligations tied to your home, including selling costs. Will your debt-to-income ratio permit a new loan?