—Home Buyers Can Tap Their Current Home Equity to Help Finance Their Next Home Before They Sell—
AUSTIN, Texas, May 01, 2024–(BUSINESS WIRE)–Waymaker Mortgage Company has collaborated with Calque to offer The Trade-In Mortgage™ in several states nationwide. With the Trade-In Mortgage, Waymaker Mortgage Company expands its mortgage solutions and allows homebuyers to purchase a new home before selling their current one. The program empowers homeowners by enabling them to tap into their existing home equity to fund their next home purchase.
The Trade-In Mortgage is an innovative mortgage product that allows homeowners who have equity in their current property to use that equity to make non-contingent offers, finance, and move into their next home before they sell their current property. This process also makes it easier for borrowers to qualify for the home they want because the existing home is not counted in debt-to-income when the new loan is being underwritten. The home buying and selling process is simplified by allowing homeowners to retain wealth and seamlessly transfer their equity from one property to another.
“Waymaker Mortgage Company is dedicated to cultivating strategic partnerships while upholding unparalleled customer service,” stated Scottie Campbell, CEO of Waymaker Mortgage Company. “Through our collaboration with Calque, we are excited to offer The Trade-In Mortgage, which allows us to fulfill our promise of providing borrowers with the most innovative and cost-effective mortgage financing options available.”
The current real estate market is facing a shortage of available properties for sale, and making non-contingent offers is becoming increasingly important to stand out from other buyers. Additionally, The Trade-In Mortgage, provides a guaranteed backup offer that eliminates the need for home sale contingencies. This allows Waymaker Mortgage Company clients to make non-contingent offers, increasing their chances of having their offers accepted in a low-inventory market. With Calque’s guaranteed backup offer, they will not have to carry two mortgages indefinitely.
According to Michael Bremer, the Chief Executive Officer at Calque, they wanted to team up with Waymaker Mortgage Company due to their diverse range of loan products and knowledgeable loan officers, who are skilled at finding the right loan option for each client’s specific requirements. “Calque is excited to work with Waymaker Mortgage Company to introduce The Trade-In Mortgage to more markets across the country.”
About Waymaker Mortgage Company
Waymaker Mortgage Company, headquartered in Austin, Texas, is known for helping families achieve their American Dream of homeownership with financial freedom. Founded by entrepreneurs Scottie and Natalie Campbell, Waymaker Mortgage is a family owned and operated firm that specializes in offering personalized mortgage solutions tailored to meet the unique financial needs of each family they serve. Scottie is quoted stating “we exist to remove unnecessary friction for our customers and business partners by providing a ‘high tech, human touch’ experience. At Waymaker, it’s never a “no”, always a “how” because every file is a family.” With a commitment to their “you can do it” philosophy, Waymaker Mortgage provides access to a comprehensive range of mortgage products from lenders, private investors and capital sources nationwide. There is rarely a loan scenario that cannot be placed through the company’s vast network of funding sources.
As a company that believes in the power of homeownership to change lives for generations, Waymaker Mortgage stands as a pillar in the communities they serve, guiding clients through the often complex world of mortgage lending with integrity and expertise. The company’s team of experienced mortgage professionals is dedicated to delivering exceptional service and support throughout the lending process, ensuring a smooth and successful home purchase or refinance experience.
For more information about Waymaker Mortgage Company and to learn how they can help you live your American Dream, visit www.waymakermortgage.com or call 833.508.LOAN [5626].
About Calque
Calque partners with established community lenders to offer mortgage lending solutions that make the home purchase process simpler, less stressful, and more cost effective for homeowners. Mortgage products such as The Trade-in Mortgage™ streamline the entire home purchase process from start to finish by enabling consumers to submit non-contingent offers that function like cash offers, buy and move into their new home before selling their current one, use the accrued equity on their existing home to increase their down payment and reduce their monthly payments, prep their original home for sale after they’ve moved out, and stress less during the process.
Calque does not compete with lenders, but only utilizes best-in-class, FDIC-insured banks, credit unions, and mortgage banks in every state across the country. To learn more about Calque, visit http://calqueinc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240501241436/en/
Contacts
Media Contact for Calque
Alyson Austin
949-403-0484
alyson@gaffneyaustin.com
Media Contact for Waymaker
Natalie Campbell
512.548.8438
media@waymaker.us