Why Flyhomes is quitting the real estate brokerage business

The cash offer pioneer is pivoting to a national rollout of its “Buy Before You Sell” bridge financing program. Continue reading

With fresh capital, Knock ups the limit on its bridge loans to $1M

Institutional investors snapped up a securitization of Knock bridge loans, paving the way for the company to scale lending by nearly $1 billion over the next 2 years. Continue reading

Rocket rolls out bridge loan to win more business from homebuyers

New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets. Continue reading

Orchard blooms in 2 new markets — Nashville and Phoenix

Orchard customers can choose to “move first” using a buy-before-sell structure or seek a fast cash-offer sales scenario, as well as select a traditional sales process. Continue reading

Tim Heyl on Homeward’s power buyer pivot in a high-rate cycle

The power buyer CEO also weighs in on whether traditional iBuyers will ever see their Goldilocks moment and turn a regular profit. Continue reading

Calque unveils ‘light’ version of its ‘buy before you sell’ offering

Touted as faster and more affordable, Calque’s new “Contingency Buster” product is tailored to homeowners who don’t need to tap their equity when buying their next home, executives say. Continue reading

Calque adds 2 more lenders to growing nationwide partner roster

Austin, Texas-based fintech’s flagship product, “The Trade-In Mortgage,” helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation. Continue reading

More lenders partner with Calque to offer ‘The Trade-In Mortgage’

EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and buy before they sell. Continue reading

Knock integrating bridge loans into partners’ prequal processes

NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell. Continue reading

With $15M goal, Knock turns to ‘everyday’ investors

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It’s using Wefunder to reach $15 million total. Continue reading