Financial Dwellings, a mortgage firm serving Colorado, has partnered with Calque to provide “buy-before-you-sell” loan programs including the Trade-In Mortgage and Contingency Buster.
This strategic partnership harnesses the strengths of both companies to deliver innovative and reliable mortgage products designed to simplify the home-buying and selling process for borrowers, Calque says in a release.
“Calque’s approach stands out because they’re neither a lender nor a real estate agent, allowing them to focus on providing lending solutions without competing interests,” says Rich Mackall, mortgage broker with Financial Dwellings. “Their fees are notably lower than other buy-before-you-sell solutions, which is critical for homeowners who want convenience without sacrificing the hard-earned equity in their homes.”
The Trade-In Mortgage and Contingency Buster programs both help homeowners with loan qualification by excluding their current home from their debt-to-income (DTI) ratio during loan underwriting. The Trade-In Mortgage also enables borrowers to tap their home equity to make a bigger payment or pay off debt.
“Calque is excited to partner with Financial Dwellings to bring ‘buy-before-you-sell’ loan programs to Colorado homeowners,” says Michael Bremer, CEO of Calque. “Despite the challenges posed by today’s mortgage rates and record-low inventory, homeowners can make non-contingent offers to make their next home purchase more attainable.”