Buy before you sell and move on your timeline

We offer this product to customers whose existing home is in Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, Washington, Oregon, Arizona, Colorado, and Washington DC. 

Your new home can be anywhere in the US!

This product is designed to make purchasing a new home easier and more certain. You must be buying a new home in order to qualify. We have another excellent option for customers who are selling only - check out Sell To Homeward!

Yes! We often work with customers buying new construction homes who have 4+ month closing timelines. We can accommodate closing timelines up to 360 days. The best part - there are no extra fees associated with longer closing timelines!

Homeward’s fee starts at 3.5% of your current home’s market value, but can be as low as 2.5% of your old home’s Estimated Market value if you use Homeward Mortgage for your new home purchase. 

This covers the first 90 days after your new home closes, after which you can extend for up to another 3 months at a cost of 1% per month. 

The Equity Unlock loan will be originated by Homeward Mortgage. However, you can choose any lender approved by Homeward Inc. for your new home financing! Homeward Mortgage partners closely with Approved Lenders to ensure a seamless closing process for the Equity Unlock loan and new home purchase. 

If you’re interested in using your own lender, simply tell us their information when you apply and we will reach out to help them become an Approved Lender.

This product works with the majority of new home loan types, such as Conventional, Jumbo, VA, or land loans. However, it is not compatible with an FHA or USDA mortgage for the purchase of the new home.

Our team of analysts conducts a thorough valuation assessment of your home using your agent’s assessment, publicly available real estate data, advanced analytics, and proprietary data from our thousands of successful transactions. 

The amount of your home’s value we unlock is based on your credit score and how long it will take your new home to close. Typically, we can unlock 80% of the home’s market value!

If your old home doesn’t sell within 180 days, it is eligible for Homeward to buy it for the Equity Unlock Amount minus typical seller closing costs. 

Once we buy the home, we keep working with your agent to resell it. We’ll cover any loss on the resale, but if we sell it for more than the purchase price, we pass the profit back to you!

We’re proud to keep restrictions to a minimum. After any obligations on your home are paid off and our fee is prepaid, the remaining proceeds can be applied to your new home down payment and/or funded directly to your bank account. It’s your money, use it how you see fit!

To get a preliminary offer, you’ll fill out a questionnaire about your current home and upload photos of it (we don’t need anything fancy; cell phone photos are fine- just make sure they’re only in JPEG and not “live”/HEIC mode). You’ll also complete a brief loan application that asks about your income, assets, and credit.

To finalize your offer, you’ll order an inspection on your current home to verify the valuation. These inspections usually take less than a week and result in no changes to the original offer terms. Your Homeward representative will guide you through our painless inspection process.  

Homeward Advisors are here to help. Schedule a no-commitment call here or dial 512.956.5087.