The Home Swap™ empowers you to buy your new home prior to selling your old house on the market for maximum value.

Here’s how it works:

1. We’ll get you fully underwritten for a new home loan with Home Swap including a down payment advance so you can start making offers fast.2. Put down a winning offer on your dream home with no sales contingency, and move in right away. You’ll pay your new mortgage while we cover the old one.

3. We’ll advance up to $25,000 to get your old house ready for listing on the open market so it sells fast and for top dollar. When your house sells, you simply pay Home Swap back for the loan provided. It’s that simple!

In addition to the conventional loan on your new home, Home Swap qualifies you for and provides a bridge-like loan, that we call the The Home Swap Equity Advance, to you. This equity advance is an interest-free loan that allows you to access the equity in your existing house now, before you sell, so you can buy your new home.

With the Home Swap, you only pay one mortgage at a time. You’ll pay the mortgage on your new home, immediately building equity, while Home Swap covers the monthly mortgage payments on your old house.

For all of the convenience and certainty offered with the Home Swap, charges a 1.25% convenience fee on the purchase of your new home. You can either pay this at closing or roll this into your equity advance. This convenience fee is similar to an origination fee, which many lenders charge.

This is just Home Swap fee for the loan and is not inclusive of real estate commissions charged by your agent, or closing costs.

Home Swap offers competitive rates on our loan products. Rates may vary based on qualifications. For a custom quote, please contact Veronica Yeary at (469)441-8890, To set up an appointment to start the process!

Yes absolutely! As long as the builder is funding the cost of construction prior to the final closing (most large builders do this). There are some specific details unique to new construction deals depending on time to build (related to pre-approval requirements and rate locks) that you’ll want to review with your Mortgage Loan Advisor once we’ve received your application.

Absolutely! As long as the home will be used as the primary residence, the Home Swap can be used to buy and sell condos, townhomes and single family homes.

Most homes will qualify for the Home Swap. Some things that would impede a home from qualifying would be significant water damage or foundation damage, a lack of recent similar sales data nearby, unpermitted additions, or if a home is a distressed sale or bank owned.

Home Prep covers cosmetic improvements that your agent might suggest to help you net top dollar when you sell your old house. Home Swap onboards your contractors directly, and pays them after you’ve signed off on the completion of the work.

Yes! We want you to feel comfortable with the people doing the work. We only require that they be licensed, insured, provide a signed W-9, and sign our vendor agreement.

With the Home Swap, you’ll list your existing house on the market after you’ve purchased and moved into your new home. The goal is for you to sell your listing on the market for max value with your agent (Veronica Yeary). That said, on the off chance your listing doesn’t sell on the market, you’ll have the option to take an offer from Home Swap that we provide you up front.