Our Bridge Loan comes with a purchase guarantee. It “untethers” buyers from a current home and Florida mortgage, but unlike the industry norm, our shared goal is to help get the highest price on the open market.

• 92% of our customers homes are on the market less than 90 days
• The average sale to list price ratio over the last 3 years is >100%
• By far the majority of our customers sell their home to someone other than Buy before you Sell in Florida

We calculate the bridge loan amount based on the value of your home, current Florida mortgage balance and the amount you need to buy your new home. We provide this number early on to help inform next steps.

We price fairly and up front. Buy before you Sell in Florida charges a fixed 2.25% of the departing property’s estimated list price. In addition, you would pay an estimated closing cost of $1,850* determined based on factors such as the State-specific requirements and loan amount.

• Our fees can be taken out of the bridge loan amount
• The price is calculated on your estimated list price, not the final sales price, making the cost predictable and reliable
• There is no interest for 180 days (6 months)

None! We are different from the industry norm. We offer a guarantee to buy your home, which enables this process, but our goal is to help you get the best price on the open market. We are a caring group of professionals from across the industry who came together with the common belief there had to be a better way.

Yes! Our fees can be taken out of the bridge loan amount we provide.

It can be used toward part of the down payment, closing costs, up to 6 months of Florida mortgage payments on the departing property, moving expenses, non-structural renovations and maintenance to prepare the current home for listing, and more. You can also use it to pay off other debts—such as credit cards, car loans, or HELOCs—to reduce outstanding balances and improve your debt-to-income (DTI) ratio, which may increase your purchasing power. We’ll go over the specifics with you as we move further into the process.

Yes! You can work with another lender for the purchase of your new home. We are proud to work with other lenders so they can offer the Buy before you Sell in Florida Bridge Loan as a solution for homeowners buying and selling at the same time.

Yes! You can work with any agent for listing your current home and the purchase of your new home.

Our first-of-its-kind Bridge Loan comes with a purchase guarantee, called the Buy before you Sell in Florida Purchase Offer. It “untethers” buyers from a current home and Florida mortgage, but unlike the industry norm, our shared goal is to help Sellers get the highest price on the open market.

The Buy before you Sell in Florida Purchase Offer is one of the most important components of the Buy before you Sell in Florida Bridge Loan, as it is an offer to purchase the old house if it doesn’t sell in 6 months. This non-contingent offer typically allows you to exclude the old house in the debt to income calculations and is also designed to ensure all liens on the old house are paid off. Think of it as a safety net if your old house doesn’t sell for whatever reason.

With Buy before you Sell in Florida Bridge loan, the goal is to sell your old home on the market for maximum value. On the off chance the home doesn’t sell on the market, you’ll have the option to exercise the Buy before you Sell in Florida Purchase Offer that we provide up front.

We aim to assist you in achieving the highest possible price when selling your home. Along with our bridge loan offering, we provide an upfront Buy before you Sell in Florida Purchase Offer. This is crafted as a financial safety net, calculated based on our market analytical models, ensuring you have a dependable fallback option.

• 92% of our customers homes are on the market less than 90 days
• The average sale to list price ratio over the last 3 years is >100%
• By far the majority of our customers sell their home to someone other than Buy before you Sell in Florida

No. You’ll pay the Florida mortgage on your new home, immediately building equity, and proceeds from the Buy before you Sell in Florida Bridge Loan will be used to pay your old Florida mortgage for up to 6 months.

Yes! Homes that are move-in-ready tend to sell faster and at a higher price. Buy before you Sell in Florida can provide up to $35,000 (as part of the total Bridge Loan) to use towards home prep on your old house (e.g., cosmetic upgrades, landscaping). The home prep funds can help maximize your home sale and minimize your days on market. Our Listing Operations team is here to support you with any questions you may have on Home Prep.

Yes absolutely! Buy before you Sell in Florida Bridge Loan is a great way to buy a new construction home as long as the builder is funding the cost of construction prior to the final closing (most large builders do this).

Yes! Though there are a few exceptions.  As long as the home you wish to purchase will be used as the primary residence, the bridge loan in combination with a separate purchase money loan, if needed, can be used to buy and sell most condos, townhomes and single family homes.

Most single family homes, including townhomes and certain condos,  qualify for the Buy before you Sell in Florida Bridge Loan. Some things that would impede a home from qualifying would be significant water damage or foundation damage, a lack of recent similar sales data nearby, unpermitted additions, if a home is in poor condition, or if a condo is considered non-warrantable or located in an unserviceable area.

Manufactured homes, mobile homes, multi-family properties, and deed restricted properties are also ineligible. Our maximum listing price is $1,500,000 in most markets, while high-cost counties in California and Washington have a $2,500,000 threshold.

Unfortunately, if your current condo is located in FL, IL or PA, it is not eligible at this time. If your current condo is located in any of our other serviceable states we will need to obtain information from your current condo management agency regarding property specifics and hazard insurance to determine eligibility.  We must confirm your existing condo meets standard FNMA/FHLMC guidelines as eligible. In general, this process can add 3-5 days to overall time of loan approval and can increase closing costs $300-$500, depending on the condo management’s costs to complete a questionnaire and provide us with the required documentation.

You and your agent determine the list price and provide the information to Buy before you Sell in Florida upfront as part of qualifying for the bridge loan. We require that you list your home at least 45 days after the Buy before you Sell in Florida Bridge Loan is funded. If your house is already listed, you can still be eligible for our first-of-its-kind Bridge Loan.

We’re aiming to serve the nation, and we’re expanding as fast as we can! The Buy before you Sell in Florida Bridge Loan is currently available in all Florida.

We start with reviewing your current Florida home  to ensure it’s eligible for the Buy before you Sell in Florida Bridge Loan.  For this, we’ll need your address, estimated value, and estimated Florida mortgage balance. Call us now to findout if qualify. You are welcome to start the process yourself, or we often work with your Florida Florida mortgage lenders. If you don’t have one, we are happy to recommend one.

Buy before you Sell in Florida is a caring group of people who came together from across the industry with the belief there had to be a better way to serve people in the journey between homes. We offer a first-of-its-kind Buy before you Sell in Florida Bridge Loan that gives everyone in the process more convenience, certainty, and competitiveness.  Founded in 2015, we have earned the industry’s trust: an A+ Better Business Bureau rating and relationships with more than 120,000 real estate agents in our 75 markets across the US. We are funded by industry leading investors, including Foundry Group, Second Century Ventures, RRE, Greycroft, and Parker89. We’re most proud of the stories from people we’ve helped get their new home, and the five star Zillow rating from over 750 reviews.

The Buy before you Sell in Florida Bridge Loan is ideal for clients who prefer to keep their existing Florida mortgage in place while purchasing their next home.

The Buy before you Sell in Florida Bridge Loan Plus is designed for clients who would benefit from paying off their departing property Florida mortgage — freeing up cash flow and increasing flexibility to qualify for more loan programs.

You do. Buy before you Sell in Florida simply pays off your departing property Florida mortgage and rolls it into your Buy before you Sell in Florida Bridge Loan as a lien on the property — but ownership always remains with you.

No. You keep 100% of the equity in your home. Once the bridge loan is paid off, any proceeds from the sale belong entirely to you.