Partnership with Zavvie
Secure Your Next Home with a Non-Contingent Cash Offer
With Zavvie as the buyer, you can make a strong, cash offer on your new home—giving you a competitive edge in today’s market. Zavvie purchases the home on your behalf, allowing you to move in as quickly as two weeks while you prepare your current home for sale. Once your home sells, you buy the new house back from Zavvie at the same price as your original offer.
- Program Fee: 1.9% of the new home’s purchase price
- Deposit collected at the time of offer acceptance: 2.5% for homes under $1M, 4% for homes over $1m
- Deposit will be used towards earnest money, program fee, and monthly carrying cost.
- Carrying Costs: Monthly payments will be collected for accumulated interest & insurance while Zavvie owns the home Payment Deferment: 90-day deferment on interest and insurance
Partnership with Homelight
Homelight offers a one-of-a-kind bridge loan solution that allows you to leverage the equity in your current home for a down payment on your next property-while also removing your existing mortgage debt from your qualification for the new loan. With a 0% interest bridge loan and a backup offer on your current home, you can move forward with confidence, knowing you have the financial flexibility to secure your next home
How It Works:
- Secure a 0% interest bridge loan for up to 70% of your home’s value (minus any existing mortgage debt).
- Sign a backup offer with Homelight to remove your current home from your debt liabilities.
- Purchase your new home using funds from the bridge loan as a down payment with standard conventional financing.
- List your existing home and replace the backup offer with a true market sale.
- Sell your home, close the deal, and repay the bridge loan plus program fees.
Program Fee:
- 2.4% of the final sales price of your current home
- 0% Interest on the Bridge Loan
- No Payments Due Until Your Home Sells
Partnership with Adams Bank and Trust
If you’re not in a rush to compete with cash but need the flexibility to buy before selling, a traditional bridge loan may be the right fit with a reduced origination fee. Through our partnership with AB&T, you can leverage the value of both your current and new home (dual collateralization) to secure financing with lower fees. This loan allows you to wrap your existing mortgage and new home loan into one convenient, interest-only payment.
How It Works:
- Loan Amount: Up to 80% of the combined value of both properties
- Loan Structure: Interest-only loan covering both mortgages
- Refinancing: Once your current home sells, transition into permanent financing with us using the sale proceeds
Program Details:
- Origination Fee: 1% of the total loan amount
- Interest-Only Payments: Rates vary; payments can be deferred if the loan remains below 70% cumulative loan-to-value
- Flexible Timeline: Standard 30-day closing with up to one year to sell your existing home
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Get a Purchase Pre-Approval Letter!
If you’re serious about purchasing a home, you’ll find that you will need a pre-approval letter. You can start that process right now and it should only take a few minutes!
Does Refinancing Make Sense For You?
It only takes a few minutes to check!
Get a Purchase Pre-Approval Letter!
If you’re serious about purchasing a home, you’ll find that you will need a pre-approval letter. You can start that process right now and it should only take a few minutes!
Does Refinancing Make Sense For You?
It only takes a few minutes to check!
