Buy Before You Sell Program

We work closely with you and your Realtor to estimate the future sale price of your current home. Once the estimate is complete, you’re pre-approved for a bridge loan up to 75% combined loan-to-value of your estimated sale price.

Example: If your home is estimated to sell for $1,000,000 and you have a $250,000 loan balance, you can be pre-approved for a bridge loan of up to $500,000. This can go directly towards the down payment and closing costs on your new home.

While securing bridge financing, we also start your pre-approval for the mortgage on your new home. During this process, we review your finances and exclude the housing expense of your departing home from your new loan approval, allowing you to qualify for more.

Once you have your pre-approval, you’re in a position to make a non-contingent offer on your new home, increasing your chances of having your offer accepted by the seller. This is a major advantage in today’s competitive real estate market.

The closing process takes between 20-30 days (standard escrow). Meanwhile, you can pack and plan your move without the hassle of showing your current home, keeping it staged, etc. Live your life and look forward to your move! 

After you've moved into your new home, it's time to sell your home. The best part is, you can focus on preparing your home to sell for top dollar! Since your prior home will be vacant, you can have it cleaned, staged and prepared marketing. You'll have up to 90 days to accept a contract and if you sell faster, you may be eligible for a discount.