UpEquity

Basic information

QM program

N/A

Loss payee

N/A

CPL or subordinate clause

N/A

Lock policies & fees

Lock policies

Lock extension

N/A

Relock

N/A

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Buy Before You Sell

Buy before you sell, skip contingencies, and unlock your client's equity — qualify them without their current mortgage payment! They purchase their new home first with no home sale contingency, move into their new home first, and then will have 6 months to sell their old home and receive the value from that market sale. 

Lender's overlays

UpEquity empowers buyers to purchase their next home before selling their current one — no home sale contingencies, no DTI impact from the existing mortgage, and access to 80–85% of their home’s equity. Move in now and take up to 6 months to sell your old home on your terms

Lender turn time

Initial underwrite (days)

0

CTC conditions review (days)

18

Initial CD (days)

21

Reviews