Qualification timing
The treatment of the current-home payment depends on the documented scenario, current guidelines, sale or lease status, reserves, and underwriting. It is never automatic.
Buying the next home before selling the current one is a sequencing decision as much as a financing decision. The planning conversation should examine current-home equity, income, reserves, carrying costs, contingencies, listing timing, documentation, and what happens after the sale closes.
Equity access
Potential paths may involve cash on hand, sale proceeds, bridge or equity structures, or other financing. Availability, cost, risk, and documentation differ.
Offer strategy
A Realtor and lender should coordinate financing conditions, sale contingencies, appraisal and inspection timing, and realistic closing sequences.
After the sale
Decide whether proceeds should replenish reserves, reduce principal, support a servicer-approved recast, pay down other obligations, or remain available for planned needs.
Start with a personal planning conversation.
Share your goals, property, and timing with Brenda before narrowing the financing path.
Sources and related resources
Questions or corrections: [email protected]