Utilize the equity in your current home to purchase a replacement home with a non-contingent offer BEFORE selling, or even listing your current home. Today’s fast moving real estate markets require that buyers demonstrate the ability to close quickly and with certainty in order to get an offer accepted. Let us show you how smart buyers are using buy before sell loan strategies to win in a competitive market.
Compete and win over multiple offer buyers by writing a Non-Contingent Offer on your new home. Close in 17 days with NO Appraisals
No Income/No employment documentation loan options that utilize equity in your home(s) to qualify. Perfect for self-employed, retired, gig workers, or those lacking sufficient income/employment to qualify for mortgage payment(s).
Avoid the cost and stress of relocating to a temporary residence while searching for a new home. Move only Once, on Your Own timeframe. Avoid unnecessary temporary storage and moving costs, even if relocating to a different State***.
List, Vacate, and Stage your home for sale After you move into your new home, maximizing your sale proceeds. Vacant staged homes sell on an average of 1-10% higher and faster than occupied/non-staged homes
Move Out First and avoid the inconvenience, stress, and risk associated with multiple showings, open houses, and realtor/buyer traffic.Preserve your Privacy and protect your belongings
Secure additional funding and time to Make Repairs/Renovations on current home before listing, and/or to improve your new home before moving in.
Qualified age 55+ buyers in CA can utilize Prop 19 to transfer their existing CA property tax basis to CA based replacement property (Please econsult witha licensed tax professional to determine eligibility)
No prepayment penalties. Payoff or refinance into a permanent conventional loan on your new home at any time.
Automated valuations performed within 48 hours saving valuable time and allowing quick closings
Our unique bridge loan program allows for cross collateralization on other real estate owned in addition to your current residence to cover down payment and/or closing costs). We are one of the few lenders offering multi property and Multi – State cross collateralization ***
* In some cases Income and/or employment may be required
** In rare cases and appraisal may be required
***Available in AZ, CA, CO,FL, and TX
MLO NMLS #1607231
3130 Crow Canyon Place
Suite 415
San Ramon, CA 94583
It is important to recognize that no two homeowner’s goals and financial situations are alike. Factors such as current equity position, cash on hand, and overall financing qualifications and objectives vary greatly from one borrower to the next.
We have been successful in helping countless clients secure attractive financing no matter what life events you may be experiencing. We specialize in Income/employment challenged borrowers, life events such as Divorce/death/sickness, having consistently delivered mortgage solutions to solve the most challenging scenarios.
With a distinguished career spanning 30 years, I have owned, operated, and participated in the sale of a successful Mortgage Bank exceeding $2B in annual loan production. Over the course of my journey, I have been instrumental in driving strategic initiatives that introduce innovative mortgage offerings designed to capitalize on ever changing market conditions.
My comprehensive understanding of market dynamics, and the ability to efficiently navigate the mortgage industry, enable me to assess your unique situation, and work with you to create a customized home loan solution designed to meet your financial objectives as you weigh your options to relocate.
I offer a confidential, no obligation strategy session designed to fully discuss and understand your goals as a homeowner, and to match your financial objectives and qualifications with loan solutions that are best suited to achieving your end goal, all while minimizing costs.
My team and I at SiFi Lending are committed to transparency, clear communication and responsiveness throughout the process and most importantly, a quick close once you are in contract.
Contact me today to see how you can purchase your dream home whether it be through a a “Buy before Sell” bridge loan, or any other countless loan options we are able to access in the marketplace.
Scenario/challenge: Virgina’s children learned that the home next door in Walnut Creek, CA was going to be listed for sale for $1.7M within days. They felt this would be a perfect home for their mother, allowing them to live much closer together, and be able to provide convenient care in the coming years. Virgina owned a home in Dublin, CA worth $1.7 with only a $300k mortgage, but needed to act quickly to secure the new home. Virginia, who had excellent credit, was on a fixed income with limited liquid assets, preventing her from qualifying for a conventional mortgage without selling her home and utilizing the sizable proceeds to purchase the new home with a small mortgage.
Solution
Sifi Lending arranged for a single $1.9M “Buy Before
Sell” No Income/employment doc bridge loan allowing Virginia to get her non contingent offer accepted, and close on the purchase of the new Walnut Creek home with no money down, closing costs reimbursed, and also advancing her additional funds to make payments on the new loan while she lists and sells the current home. The bridge loan will be replaced with a smaller more manageable permanent loan once the current residence is listed and sold. Additionally, under CA Prop 19, Virginia was allowed to transfer her low tax basis on her current residence (she bought originally in 1991!) leading to one Happy Family…
Scenario/challenge: Adrienne and Michael, both self employed working out of their home, were looking to relocate their family from Brentwood, CA to Valley Springs to purchase a larger home with acreage for their growing family. Before listing their home for sale ($750k value with a $300k loan), they stumbled upon their dream home listed at $625k. Being self employed, they were unable to qualify for two mortgages and had limited funds available for traditional down payment and closing costs without selling their current home.
Solution
SiFi Lending arranged for a single $690k loan to get
their offer accepted, purchase the new Valley Springs home with no money down, closing costs reimbursed, and obtain additional funds to make the payment on the new loan while they prepare their current home for listing, staging , and sale. They will replace the Bridge loan with a 75% LTV conventional mortgage once their current home is sold.
