HMA Mortgage Offers Trade-In Mortgage Plan

HMA Mortgage, a 100% referral-based mortgage company based in Pennsylvania, has partnered with Calque to launch The Trade-In Mortgage across 20 states. It is a new buy-before-you-sell program that helps homeowners tap their current home equity to purchase a new home.

By accessing the equity in their homes before they sell, HMA Mortgage clients can make non-contingent bids competitive with cash buyers, move into their new home before their agent starts showing their listing, make a bigger down payment to reduce monthly interest payments, and have a guaranteed backup offer on their sale property.

Robert Fillyaw, managing partner at HMA Mortgage, said, “working with Calque is an easy fit. We can give our clients access to their equity before they sell their homes to make better bids and experience greater convenience. It’s the rare win/win.” 

By working with Calque, HMA Mortgage has integrated a differentiating loan solution that increases their borrowers’ chances of being able to afford the home they want in a market of relatively high interest rates and high home prices. Real estate agents can use non-contingent offers to compete with cash offers and negotiate down the price of the new home. Calque’s guaranteed backup offer makes it easy for HMA Mortgage borrowers to qualify for a loan on the new home without taking on traditional bridge loans or moving out before they sell.