Whether you're a homeowner or a Realtor®, here are answers to the questions we hear most often about MovePriority™.
If you don't see your question below, contact Move Home Lending and we'll be happy to help.
General Questions
Q: What is MovePriority™?
MovePriority™ may allow qualified homeowners to buy their next home before selling their current one.
Q: Who qualifies?
Eligibility depends on your home's equity, income, credit, and the property you plan to purchase.
Q: Does it cost anything?
No. There is no obligation to see if you qualify.
Q: How long does approval take?
Many buyers receive an initial eligibility review within one business day.
For Homeowners
Q: Do I have to sell my current home before buying another?
Not always. Qualified homeowners may be able to purchase their next home before selling their current one.
Q: What if I need the equity from my current home?
MovePriority™ may help provide access to your available equity for the down payment on your next home.
Q: Will I have to qualify with two mortgage payments?
Not necessarily. Depending on your situation, you may be able to qualify without carrying both mortgage payments.
Q: Can I make a non-contingent offer?
Qualified buyers may be able to submit offers without making the purchase contingent on selling their current home.
For Realtors®
Q: Which clients are good candidates?
Homeowners who need equity or who won't qualify while carrying two mortgage payments.
Q: Does this eliminate the home-sale contingency?
Qualified buyers may be able to submit stronger, non-contingent offers.
Q: When should I call Move Home Lending?
Before writing the offer. We'll determine eligibility and discuss available options.
Q: How quickly can you review a client?
Most eligibility reviews begin within one business day.
What is MovePriority™?
MovePriority™ may help qualified homeowners purchase their next home before selling their current one. Depending on the homeowner's situation, it may help address available equity, a home-sale contingency, or qualifying while carrying two mortgage payments.
Who may benefit from MovePriority™?
Homeowners who own a home they plan to sell, need equity from their current home, or want to make a stronger offer without a home-sale contingency.
Do I have to qualify for MovePriority™ to work with Move Home Lending?
No. If MovePriority™ isn't the right solution, we'll recommend another financing strategy that best fits your goals. Our objective is to help you purchase your next home—not sell you a specific program.