You don't have to sell first to buy next.

Most buyers think they have to sell before they can move. The Buy Before You Sell strategy lets you make an offer on your next home while your current one is still on the market, so you're not racing a closing date or living out of boxes waiting for a buyer.

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Program Highlights

• ‍STRONGER BUYING POWER‍
  
  • ‍Skip contingent offer rejection. Buy with confidence by making a stronger, non-contingent offer that sellers are more likely to accept.‍
  • Short-term commitment. A temporary financing solution designed specifically to bridge the gap between selling your current home and purchasing your next one.‍
  • Lock in today’s rate. Secure your mortgage rate now and reduce the risk of rising interest rates while preparing for your move.

• ‍SEAMLESS TRANSITION
  
  • Move once, not twice. Transition directly into your new home without the hassle and expense of temporary housing or storage.
  • ‍One lender, one process. Keep everything under one roof with a single lending team guiding you from purchase to final payoff.‍
  • Peace of mind through the move. Reduce the stress of coordinating two transactions and make decisions without feeling rushed by deadlines.

• ‍SMARTER USE OF EQUITY
  
  • No prepayment penalty. Pay off the bridge loan as soon as your current home sells, with no extra fees or early payoff charges.‍
  • Recast after sale. Apply your sale proceeds to your new mortgage and potentially reduce your monthly payment without refinancing.‍
  • No payments for the first four months. Enjoy greater cash flow during your transition with no required monthly payments at the start of the loan.

• ‍BETTER SALE OUTCOME
  
  • Time the sale on your terms. List when the market is right instead of rushing to accept the first offer because of your purchase timeline.‍
  • Renovate without living in it. Complete updates, repairs, and staging more efficiently after you've already moved into your new home.‍
  • Sell empty and staged. A vacant, professionally presented home often photographs better, shows more effectively, and attracts stronger offers.

Eligibility Criteria

1. Loan Terms: 120-day term (4 months)
2. Loan Amounts: $50,000 - $1,000,000
3. Borrower Eligibility: Current home must be listed for sale prior to closing and you must qualify for new primary residence with CCM
4. Geographic Eligibility: AZ, CA, CO, CT, FL, GA, IL, IN, KS, MA, MD, ME, MI, MN, MD, MT, NC, NE, NM, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA
5. Min FICO: 680
6. Max CLTV: 85%
7. Occupancy: Investment Property / Departing
8. Property Type: 1 Unit SFR, PUD, Townhouse, Site (Detached) Condo
9. Other: Borrower cannot receive any cash in hand and must be in 2nd lien position on the departing residence OR 1st lien position if owned free and clear