Home Equity
Can I buy a home before selling my current one?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. If you qualify carrying both payments, you can buy first. If not, a bridge loan or a HELOC on your current home can fund the new down payment until your sale closes.
Some buyers also use the projected rent or a sale contract on the departing home to qualify. We'll structure the timing so you're not forced into a contingent offer in a competitive Florida market.
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