Flyhomes Secures $15 Million Series D Funding

0

Flyhomes, which offers a wholesale “buy before you sell” loan program, has secured $15 million in Series D funding, led by existing investors.

The capital will be used to expand Flyhomes’ Buy Before You Sell program nationwide, the company says in a release.

“This is a natural evolution for our business,” says Tushar Garg, CEO for Flyhomes. “We pioneered the Buy Before You Sell and Cash Offer categories, and now we’re scaling them nationwide through the professionals homebuyers already trust: loan officers and agents. Our Series D funding and the recent sale of our AI home search technology enable us to double down on this wholesale distribution strategy.”

Flyhomes’ Buy Before You Sell program flexibly allows homebuyers to purchase their next home without the burden of waiting for their existing property to close. Borrowers can avoid the hassle of making weak contingent offers, moving twice, and living in limbo between selling and buying.

The innovative program offers several key advantages for borrowers including the following:

  • By securing a backup offer on their current home before it sells, borrowers can exclude their current mortgage payments from debt-to-income (DTI) calculations.
  • Borrowers can use the equity in their current home toward the down payment for their next home, reducing their overall loan amount.
  • Borrowers can make cash-equivalent offers on their next home with as little as 5% down, helping them get the best price possible and win bidding wars.
  • After moving into the new home, borrowers can sell their old home at full market value without the rush or pressure to accept a low offer.

Flyhomes’ wholesale platform is already seeing strong traction, growing rapidly in 2025. In addition to the Series D equity capital, the firm also secured a new warehouse facility with financing capacity up to $200 million, which supports more than $1 billion in annual originations. The new funding and lending capacity will support continued investment in technology, operational scale, and partner success programs as the company accelerates its nationwide rollout.

Subscribe
Notify of
guest
0 Comments
newest
oldest most voted
Inline Feedbacks
View all comments