Sammamish Mortgage and Calque Partner to Provide The Trade-In Mortgage
14 Mayo 2024 - 12:00PM
Business Wire
—Homeowners Can Use Home Equity for Their
Next Purchase Before Selling Their Current Home—
Sammamish Mortgage has announced a partnership with Calque to
provide The Trade-In Mortgage™ in the western United States. With
this product, buyers can use their equity to submit non-contingent
offers that increase their likelihood of winning the bid they make
on their next home. Given the current limited housing options and
persistent high mortgage rates, this will help borrowers in tight
markets, especially those characterized by a greater proportion of
cash offers.
Sammamish Mortgage has created a new opportunity for its
customers to acquire their next home through this partnership with
Calque. Now, Sammamish Mortgage can offer this loan option to
current homeowners that eases qualification issues and offers
advantageous terms. By implementing The Trade-In Mortgage,
borrowers have peace of mind knowing they have a backup offer and
the opportunity to make a more appealing bid on their future
property.
“We are proud to offer The Trade-In Mortgage to Sammamish
Mortgage borrowers,” said Sammamish Mortgage President Michael
Shane. “Our aim is to offer personalized solutions that meet the
unique requirements of every borrower. This specific product is
highly suitable for many homebuyers in today’s market who have
substantial equity at their disposal.”
This program allows homeowners to use their robust equity
position to purchase a home before selling as if they were paying
with cash. Sammamish Mortgage offers the program in California,
Colorado, Idaho, Oregon, and Washington.
According to Calque CEO Michael Bremer, Sammamish Mortgage
represents a strong partner to provide The Trade-In Mortgage to
their borrowers. “As home equity reaches record highs and interest
rates are stubbornly high, homeowners can use their accumulated
wealth with this innovative option. The ability to secure the most
favorable mortgage available is paramount when purchasing a new
property.”
About Sammamish Mortgage
Since 1992, Sammamish Mortgage has been committed to providing
home buyers with low rates and fees coupled with superior service.
Contact us today to get started on the pre-approval process,
whether you’re buying your first home or your dream home. Our
highly experienced loan officers focus on your unique needs,
helping you get the best mortgage for your financial situation.
License: #NMLS-118653
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.
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Alyson Austin 949-403-0484 alyson@gaffneyaustin.com