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Episode #249 How to Qualify for Your Second Home (Even Before You Sell)
If you already own a home, but you need to find the cash for a down payment on your next home, there are ways to get that done.
Join Dustin Brown of HyperFast Mortgage and host Dan Lesniak as they discuss:
- How to qualify for a loan WITHOUT making the deal contingent on your current home selling
“You can borrow against the equity of your current residence. So if you got a house that's worth 400,000, you know, you owe 250 on it, you have equity that you can borrow from, and you can use what's called a bridge loan, to borrow that and use that for your down payment on your next residence.” – Dustin Brown
If you’re a move-up buyer or a buyer agent, visit http://hyperfastmortgage.com! Dustin Brown will take great care of your lending needs.
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By The HyperFast Agent
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If you already own a home, but you need to find the cash for a down payment on your next home, there are ways to get that done.
Join Dustin Brown of HyperFast Mortgage and host Dan Lesniak as they discuss:
- How to qualify for a loan WITHOUT making the deal contingent on your current home selling
“You can borrow against the equity of your current residence. So if you got a house that's worth 400,000, you know, you owe 250 on it, you have equity that you can borrow from, and you can use what's called a bridge loan, to borrow that and use that for your down payment on your next residence.” – Dustin Brown
If you’re a move-up buyer or a buyer agent, visit http://hyperfastmortgage.com! Dustin Brown will take great care of your lending needs.