The Home Sale Assured’s Guaranteed Backup Contract program works with real estate agents to provide a guaranteed purchase offer on a client’s current property, which allows the client to make a non-contingent offer on their new home while deducting their mortgage debt from their DTI ratio when qualifying for a new loan.
Understanding homeowners also have a need to tap their equity as a source of liquidity for the down payment on their new home, Home Sale Assured has created partnerships to offer bridge financing specifically for our customers.
Bridge Financing Offers the Following Features
- Up to 100% of the Guaranteed Backup Contract
- Low documentation/no DTI programs
- Available in the following states
California • Colorado • Connecticut • Delaware • District of Columbia • Florida • Georgia • Illinois • Maryland • Massachusetts • New Hampshire • New Jersey • New York • North Carolina • Ohio • Pennsylvania • Rhode Island • South Carolina • Texas • Tennessee • Virginia • Washington