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.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 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. Imagine you’ve found your dream home, but your funds are tied up in your existing home’s equity.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 115

Equity Loans Debt-to-income ratio Staging 115

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. When is a bridge loan a good solution?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Home sale contingency Debt-to-income ratio 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. One of the most important things your lender will consider is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. A key aspect of this process is your debt-to-income ratio (DTI). What is a residential bridge loan?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. Your financial picture during this time, especially your debt-to-income ratio (DTI), becomes important.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 115

Equity Loans Debt-to-income ratio Home sale contingency 115

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. In assessing your application, the lender will consider your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. An important factor in this process is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. A critical aspect your lender will assess is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. An important factor in this scenario is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. In assessing your application, lenders will consider your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. A crucial factor in this equation is your debt-to-income ratio (DTI).

Equity 110

Equity Loans Home sale contingency Debt-to-income ratio 110

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).

Equity 110

Equity Loans Debt-to-income ratio Home sale contingency 110

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. A critical factor in this scenario is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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 scenario is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. A critical aspect your lender will consider is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

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. In this case, they will use the equity from their previous home to cover the down payment and closing costs for their new purchase.

Equity 110

Equity Loans Debt-to-income ratio Home sale contingency 110

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 85

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

HomeLight

MARCH 31, 2023

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. If you owe more than 80% of your current home’s value, you might not qualify.

Equity 104

Equity Loans Debt-to-income ratio Finance 104

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. Why Move Twice?

Equity 52

Equity Loans Debt-to-income ratio Home sale contingency 52

HomeLight

JANUARY 10, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. By leveraging the equity in your existing property, a bridge loan gives you access to cash for a down payment and other upfront costs for your next home purchase. Yes, You Can Buy Before You Sell.

Equity 52

Equity Loans Debt-to-income ratio Home sale contingency 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? Some first-time homebuyers may have high debt-to-income ratios due to student loans or other forms of debt, and may not have as much money for a down payment as a second-time homeowner.

Staging 115

Staging Debt-to-income ratio Investor Agents 115

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 126

Equity Debt-to-income ratio Loans Closing 126

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 98

Debt-to-income ratio Equity As-is Staging 98

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 105

Equity Loans Debt-to-income ratio Closing 105