– Borrowers can unlock the power of their home equity and secure their next home before selling their current home –
AUSTIN, Texas, Oct. 17, 2024–(BUSINESS WIRE)–Ruoff Mortgage, a leading Indiana-based mortgage finance company, has partnered with Calk on two “buy before you sell” programs. started. Trade-In Mortgage™ and Contingency Services. These solutions make it easier for homeowners to make a strong, non-contingent offer on their next home without the pressure of selling their current home first. It is also designed to be flexible and allow for transition to the next home.
Ruoff Mortgage recognizes the challenges buyers face in today’s competitive real estate market. With The Trade-In Mortgage, Ruoff now offers a solution that gives homebuyers access to home equity up front, allowing them to make competitive bids and increase their chances of winning. Instead of worrying about the stress of moving twice or waiting for a home to sell, buyers can now move to their next home and then prepare to sell their current property, all on their own timeline. It has become.
“It’s common for customers to face the challenge of selling their current home before purchasing a new home,” said Clint Morgan, chief lending officer at Ruoff Mortgage. “We partnered with Calque to give those customers better options, including the ability to quickly contract on a new home before putting their current home on the market.”
Contingency Buster simplifies the home buying process by eliminating the need for contingencies and giving buyers the financial benefits they need. With a guaranteed backup offer and access to accumulated equity, homeowners can upgrade their living situation without the stress of perfectly timing a home sale.
Michael Bremer, CEO of Calque, said: “Ruoff Mortgage has been a trusted name in the industry for decades, and their dedication to customer success aligns perfectly with our vision at Calque.” We are changing the way people think about home finance by delivering solutions that work for real people in real markets.”
About Ruoff Mortgage
Ruoff Mortgage (NMLS 141868) is a full-service mortgage company that has been serving home buyers for 40 years. Committed to empowering both customers and employees, Ruoff helps individuals build wealth through real estate financing. They go beyond fees and charges to provide personalized solutions to help customers achieve their financial goals. Ruoff is known for its customer-centric approach, with a focus on transparency, integrity, and customer service. For more information, please visit www.ruoff.com.
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About Calke
Calque partners with established community lenders to create buy-before-sale mortgage financing solutions that make the homebuying process simpler, less stressful, and more cost-effective for homeowners. We provide. Innovative mortgage products such as The Trade-in Mortgage™ and Contingency Buster allow consumers to submit a non-contingent offer that works like a cash offer, allowing them to purchase a new home before selling their current home. We streamline the entire home buying process from start to finish by making you move-in ready. One is to use the unpaid equity in your existing home to increase your down payment, lower your monthly payments, and prepare your original home for sale after you move out, making the process less stressful.
Calque does not compete with lenders and only works with best-in-class FDIC-insured banks, credit unions, and mortgage banks in every state across the country. For more information about Calque, please visit http://calqueinc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241017000876/en/
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