Your next move
Your next home doesn't have to wait for this one to sell.
Forte Financial is offering a buy-before-you-sell equity line that may let you use equity you have already built toward the next purchase, while this home stays on the market.
What this line is for
Selling a home takes longer than planned sometimes. That’s normal, especially when you are also trying to line up the next place. In plain terms, this equity line may help you:
- Tap equity in your current home toward the down payment on your next one.
- It can close while your home is actively listed for sale. You do not have to take the listing down first.
- Make an offer on your next home without waiting on the sale of this one.
- Monthly payments are due, like a normal HELOC, until the home sells. When this home sells, the line is paid off from the sale. There is no prepayment penalty.
- It may be available up to 80% combined loan-to-value, or $750,000, whichever is lower. Those are program limits, not a promise of approval or of a specific amount.
It isn’t the right fit for everyone, and we will tell you honestly if it isn’t for you. The amount you can access depends on your home’s value, what you owe, your credit, and program rules. HELOC rates are usually variable; we do not post rates, and no rate or approval is guaranteed.
Forte Financial Mortgage Group, based at 96 Danbury Rd, Ridgefield, CT, is offering this line in Connecticut, New York, New Jersey, Massachusetts, Pennsylvania, Florida, South Carolina, North Carolina, and Texas. Texas home equity loans are subject to Texas constitutional requirements.
Related: HELOC program · Ridgefield HELOC · Contact us.
60-second quick quote
See if a buy-before-you-sell line fits.
Tell us the state, a rough amount, and that you are looking at buying before you sell. Someone on our team will reach out. We do not post rates, and no rate or approval is guaranteed.
- Forte Financial is offering this line in all nine licensed states.
Questions
Frequently asked questions
Can my current home stay listed?
Yes. This line can close while your home is actively listed for sale. You do not have to take the listing down first in order to use equity toward the next home. It still depends on credit, the property, and program rules. Approval is not guaranteed.
When is the line paid off?
Monthly payments are due, like a normal HELOC, until the home sells. When the home sells, the line is paid off from the sale. There is no prepayment penalty. We do not post payment examples or rates here. HELOC rates are usually variable.
How much can I borrow?
The line may be available up to 80% combined loan-to-value, or $750,000, whichever is lower. Those are program limits, not a promise of approval or of a specific amount. The amount you can access depends on your home’s value, what you owe, your credit, and program rules. HELOC rates are usually variable. We do not post rates.
Where is this line offered?
Forte Financial is offering this line in all nine states where we are licensed: Connecticut, New York, New Jersey, Massachusetts, Pennsylvania, Florida, South Carolina, North Carolina, and Texas. Texas home equity loans are subject to Texas constitutional requirements. It still depends on credit, the property, and program rules. Approval is not guaranteed.
Are you my listing agent or my current lender?
No. Forte Financial Mortgage Group is not affiliated with your real estate agent or your current lender. This page is not about any particular listing. If you are already working with an agent, they remain your agent.
Subject to credit approval, property and program eligibility; not all applicants will qualify. This is not a commitment to lend. HELOC rates are usually variable; call for today’s terms. We do not post rates. Texas home equity loans are subject to Texas constitutional requirements.
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