Retired Buyer – Buy before you sell.
Don’t Wait Until Your Old Home Sells
Do you want to purchase a new home near your family or in a resort location? Do you feel like your hands are tied until your old home sells since you need your equity from your old home to pay for the new home? Will you not qualify for a new loan until your old home sells?
You no longer need to wait to sell your old home before buying a new one. We will provide you a short term bridge loan that allows you to pay cash for your new home and you can pay off this short-term loan as soon as your old home sells.
One great use case for our bridge loans is for retired buyers who are on a fixed income and can’t qualify for a conventional loan. Our short-term loans are more flexible than traditional loans!
Over $1 Billion in Loans Funded
And we're just getting started!
Offering loans in Alabama, Colorado, Florida, Georgia, Idaho, Iowa, Louisiana, Oklahoma, Oregon, Pennsylvania, Virginia, Texas and Washington.
Why Use Our Services?
Make a Smart Move
HOW IT WORKS
Use Short-Term Loan to Purchase a New Home for Cash
No Payment for up to 3 Months to give you time to Sell Your Current House
No Prepayment Penalty
Loan Can be Structured as a:
- 1st lien loan that you pay off when you sell your current home
- 2nd lien loan so that you set your 1st lien conventional loan at the loan amount you want for the long term and you use our short term second lien as a proxy for the equity in your current home.
Buy Before You Sell
Don’t worry about timing on the sale of your old house.
Easy to Qualify
Easier to qualify even if you are on a fixed income.
Quick Decisions, Quick Closing
No unnecessary red tape.
Moving doesn’t have to be,
Buy Before You Sell.”
Dat Nguyen, Hurst Lending Investor
Former Pro Football Player & Coach
Dominate by Using Our Funds to Buy Before You Sell
How our Program Works?
It’s quick and easy.
Get approved for both a short-term loan and long-term home loan from us in a single step. Get started now!
Use our Funds
Use our funds to purchase your new home. We provide you a short-term loan to pay cash for your new home.
Move When Ready
Move when it makes sense for you – no interim housing, no storage, no stressful contingencies.
Refinance Your Short Term Loan
We will promptly refinance you into a long term low rate conventional loan (as soon as possible after your closing).
Make No Payments on Your New Home for Up to 3 Months!
(while your old house sells)
Up Front Cost
- One low $495 fee to set up your Short-Term Loan and allocate Funds for your use.
- We provide you a Proof of Funds Letter that you have funds available to make a Cash Offer.
Pay Cash for New Home
- Draw against the Short-Term loan to close on your new home.
- We just charge a simple 1% origination for the amount you draw from the line of credit.
- The $495 up front fee will be credited toward these closing costs.
Rates on Short Term Line of Credit
- Our Short-Term loans rates start at 6.99%
- Payments on our Short-Term loan may be deferred for up to 3 months to give you time to sell your old home.
- Your Short-Term loan must be paid off at the earliest of when your old house sells or within 6 to 10 months.
Our Portfolio of Dominate with a Cash Offer® Loans
Click Here or call us at 877-292-7350 to get started.
About the Buy Before You Sell Loan Program
At Hurst Lending, we’re problem solvers. Over the years, we’ve talked with thousands of home buyers. In the process, we realized that the standard method of buying a home while selling another one is simply inefficient. Many people end up selling their homes for less than market value to avoid moving twice or losing their dream home. Others spend thousands of unnecessary dollars on temporary housing, storage, and moving twice.
A couple of years ago, we designed and began testing a better process – a smarter way to buy a home, reducing the stress and cost of buying, selling and moving. We have fine tuned our offer in our home state of Texas and soon plan to start rolling this offer out around the country. Home buyers using our short-term loan program have gained financially in many ways:
- No Need to Sell current residence, Buy Before You Sell
- No Need to Rent previous or new house, they own it
- Increases Chance of Winning Bid through cash purchase
- No Double Payments, payments can be deferred up to 3 months
- Lower Total Cost compared with other programs available
- Sell at Top Dollar & Move on Your Schedule
Our customers find that they can move with less inconvenience and stress and more control. Best of all, they can gain the upper hand over other buyers and get their dream home!
If you are interested in learning more about the new, smarter way to buy a home, we’d love to tell you more. Give us a call at 877-405-3465 or contact us today.
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With our “Move in With Just 1% Down” program, you can become a homeowner with a lower upfront cost, making it a great option for first-time buyers or those struggling to save a large down payment. Our experienced loan officers are available to guide you through the process and help you determine if this program is the right choice for you. Contact us today to learn more about how we can help make homeownership more accessible.
Buy Before You Sell: Discover the Benefits of Hurst Lending’s Unique Mortgage Solution for Today’s Competitive Housing Market
With the current state of the housing market, it can be challenging for homebuyers to win a home in a competitive market. However, Hurst Lending has a solution: the Dominate with a Cash Offer® Short Term Loan Program. This program allows homebuyers to make a cash offer on a home without having to liquidate their assets, making it easier to compete in today’s competitive market. In this article, we’ll discuss the current state of the housing market, how to make a cash offer and the benefits of using Hurst Lending’s Dominate with a Cash Offer® Short Term Loan Program.
Texas cash-out refinancing can be a smart choice for homeowners looking to access the equity in their homes for various financial goals. However, understanding the state-specific rules and regulations is essential for a smooth and successful process. Consult with a knowledgeable Texas mortgage lender, like Hurst Lending, to ensure you’re making the most of your cash-out refinance.