A form of second trust that is collateralized by the borrower's present home (which is usually for sale) in a manner that allows the proceeds to be used for closing on a new house before the present home is sold. Also known as "swing loan."
*Fees vary for homes over $300k. Call for details.
Commissions may be negotiable and are not set by law. Any comparisons to a percentage commission, such as 6%, are for illustration and comparison purposes only. The information herein is deemed to be accurate, but not guaranteed. All information is to be verified. If your home is listed with a REALTOR®, this is not intended as a solicitation of your listing.