Buy Before
You Sell
Coordinating the timing of selling your existing home while buying your new home can be a stressful and anxious time for many homeowners.
FAST FACT: An Arrival Home Loans bridge loan encumbers both properties through cross-collateralization and allows our team to leverage the equity in your home to maximize your borrowing power.
Why Choose Us?
In comparison to other buy before sale options, Arrival Home Loans offers the simplest transaction structure. Our patent-pending transitional bridge loan uses cross-collateralization which allows borrowers to obtain higher loan amounts, even up to 100% of the purchase price.
Our in-house bridge financing veterans along with our experienced operations team, work in tandem with your realtor and loan officer, ensuring a smooth process and great experience.
FAST FACT: Selling your existing home before purchasing your new home can be extremely stressful, costly, and time-consuming.
AHL News & Articles
FAST FACT: Staged Homes typically sell faster and at a higher price.
Testimonials
A trusted friend recently recommended Arrival Home Loans after one of my borrowers faced some challenges. From my initial contact until the completion of my first loan funding, I felt in the caring hands of a thoroughly competent team. Thank you for this opportunity!
My whole transaction with Arrival Home Loans was very professional and extremely easy!!! They followed through exactly with the quotes I first received. In my opinion, this makes them top-notch. No switching numbers at the last minute. Just a quick application and that was it. Thank you, Arrival, for making it possible!
Hey Arrival – I’m back in the country and just wanted to drop you a line to say thanks to you and your team for a job well done. It was smooth and most importantly, you made me look good in front of my client. I look forward to doing much more business in the future as the opportunity arises. Have a great weekend!
Frequently Asked Questions
We take the first lien position on the home being purchased and are often in 2nd position on the home they already own unless it’s free and clear. The full amount of our note will appear on both properties. We can also offer the bridge loan with 25% down but no cross collateral is available. We are bridging to the refinance exit rather than the sale of the current home.
Typical scenarios:
- The client uses their existing home to help buy a new home before selling.
- A cash-out first or 2nd to provide a down payment or outright purchase of another property or even buy into a retirement community. There’s no cross-collateral, so we wire loan proceeds to the other escrow to create the required purchase component.
- The client doesn’t own a home, and has 25% down, but might not qualify for a conventional loan. (Job seasoning issue, insufficient credit, payment shock, or other issues limiting financing options.
A: Our Bridge loans are stated income and assets with no appraisal required. The minimum required credit score is 680. The maximum CLTV is 75% and comes with an 11-month interest-only term. Our bridge loan will cross collateralize, comes with no prepayment penalty, and 100%+ of the purchase price can be borrowed so long as there is sufficient equity. The interest rate will vary depending on LTV and credit scores. Click here to learn more.
A: 1-4 units, SFRs, condos, townhomes, and PUDs are preferred. Mixed-use, Rural, remote, agricultural/farm by exception only.
A: Yes, we can take multiple properties as collateral, however, additional processing fees may apply.
A: We are licensed in many states and constantly expanding. Click here to see what states we are licensed in.