Buy Before You Sell
Why it matters to your borrowers
Empower your borrowers to buy their next home before selling the departing residence, avoiding multiple moves.
We place a backup offer on the departing residence, so your underwriter can exclude its trailing debt from your borrower’s DTI ratio, helping them qualify for 40-50%* more.
Allow your borrowers to get access to the equity in their departing residence before selling it, unlocking additional funds for their next home.
- With our back up offer, your borrowers can remove home sale contingency, making their offers stronger.
- With our unique purchase money bridge loan, your borrowers are even empowered to make a non-contingent, cash-equivalent offer in a competitive market.
Allow borrowers to leverage the equity in both their current and new homes—potentially moving with no cash out of pocket.
Why it matters to loan officers
Buy Before You Sell with Flyhomes Cash Offer
A purchase bridge loan that can turn your borrower’s offer into a non-contingent, cash-equivalent offer.
Why it matters
Make your borrowers’ offer as strong as cash and close in as little as 10 days. Thousands of buyers have won in competitive negotiations with it.
Enable your borrowers to buy with as little as 5% down payment while leveraging their home equity, 401(k), or stock investments—without selling upfront.
Interest accrues and is due at payoff when the departing residence is sold.
How it works
Timeline is illustrative; actual timing may vary.
Buy Before You Sell with Instant Equity
A home equity loan that allows your borrowers to access their departing home’s equity before selling.
Why it matters
Allow your borrowers to tap into the equity in their departing residence before selling it, unlocking additional funds for their next home.
It can be listed, contingent, or not yet on the market.
Interest accrues and is due at payoff when the departing residence is sold.
How it works
Timeline is illustrative; actual timing may vary.
Buy Before You Sell with Guaranteed Backup Contract
A backup purchase contract on the departing residence, allowing lenders to exclude the existing mortgage from the borrower’s DTI calculation.
Why it matters
We place a backup offer on the departing residence, so your underwriter can exclude its trailing debt from your borrower’s DTI ratio, helping them qualify for 40-50%* more.
Make your borrower’s offer stronger and more competitive.
Give your borrower peace of mind with a guaranteed backup sale - no need to settle for a discount.
How it works
Timeline is illustrative; actual timing may vary.
Flyhomes Cash Offer (buy side only)
A purchase bridge loan that can turn your borrower’s offer into a non-contingent, cash-equivalent offer.
Why it matters
Provide greater certainty to sellers than a traditional mortgage offer.
Stand out in competitive situations and, in some cases, even beat other offers without being the highest bidder.
Make your borrower’s offer more appealing to sellers with a fast closing timeline.
How it works
Timeline is illustrative; actual timing may vary.
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Brokering the bridge loan means you stay in full control and can even collect compensation.
Very flexible programs。
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30,000+
In-network loan officers
$2.2B
Total volume of funded loans
6,800+
Homebuyers and sellers empowered**
$6.7B+
Total real estate transaction volume**
*Estimate based on a common scenario: Buyer’s income is approximately 3x their monthly mortgage payment.
**Brokerage activities completed by Flyhomes, Inc. since 2016 and do not reflect mortgage loan transactions. Flyhomes Mortgage, LLC is a wholly-owned subsidiary of Flyhomes, Inc.
All Flyhomes Mortgage products are subject to qualification and approval. Terms, interest rates, and conditions may vary based on individual circumstances. Please contact us for more details and to determine eligibility.
Flyhomes Cash Offer requires refinancing the purchase bridge loan into a long-term mortgage. Loan terms, interest rates, and approval are subject to lender qualification. Borrowers should evaluate financial implications before proceeding.