HomeLight Ultra

With HomeLight Ultra™, buyers can assume a seller’s current low-rate mortgage—and save hundreds of thousands of dollars over the lifetime of the loan.

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Mortgage assumption simplified

Let us do the hard work for you
HomeLight does all the heavy lifting for you, from start to finish. We step in as your mortgage concierge to ensure a smooth process and a seamless close for your client's dream home.
Bridge the gap
‍We offer a second mortgage to bridge the gap between the down payment and remaining home equity.
Save your clients money
Save your clients tens of thousands annually throughout the lifetime of their loan.

Get started with HomeLight Ultra today

We're here to help your clients achieve a transaction that's simple, certain, and saves them money. Schedule time with us below to get access.
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Benefits for sellers
Generate instant demand for the listing
Maximize the sale price of the home
Close on the home faster
Benefits for buyers
Lock in an ultra-low mortgage rate
Save tens of thousands per year in mortgage payments
Simplified and smooth mortgage assumption process

FAQs

What is an assumable mortgage?

An assumable mortgage allows buyers to take over a seller’s existing loan and low-rate mortgage. Roughly 20% of mortgages today are assumable. 

Does my seller have any risk in allowing a buyer to assume their mortgage?

This is actually one of the biggest misconceptions to assuming a mortgage loan. The seller takes no ongoing risk once the buyer assumes the mortgage.

What kinds of mortgages are
compatible?

HomeLight is currently able to work with buyers & sellers who qualify for and/or have FHA & VA mortgages.

What is the cost of the program for my clients?

There is a program fee of 1% of the home’s price, with a minimum fee of $5,000. An additional minimal service fee for HomeLight to manage your mortgage is built into the monthly mortgage payments.

How does HomeLight Ultra work for buyers?

Buyers interested in purchasing a home through HomeLight Ultra can assume the mortgage at the seller's current low rate. For the remaining equity in the home, the buyers will have an option to receive a second mortgage.

What's included in the HomeLight Ultra marketing package?

With your Ultra marketing package, you'll receive exclusive access to customizable materials, such as, but not limited to: listing tiles, one-pagers, open house materials, postcards, social media templates, pre-made client email templates, and much more! 

How do I get started?

Schedule a training to learn how you can get started prior to signing up.

What buyers are saying

Ania & Paul
Homebuyer
"These rates are what I want: the most affordable out there."
Gary
Homebuyer
"HomeLight's rates are absolutely impressive."
Sandra & Andy
Homebuyer
"These interest rates are a game changer."

HomeLight has an A+ rating with the Better Business Bureau

1 A home sale contingency is when a buyer's offer is dependent on selling their current home first. Sellers often dislike offers with home sale contingencies because they introduce uncertainty and potential delays into the selling process. 2 Fees subject to change; minimums apply. 3 Reported by agents that work with HomeLight.

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HomeLight Home Loans, Inc. NMLS ID#1529229, Equal Housing Lender.
1375 N. Scottsdale Rd., # 110, Scottsdale, AZ 85257 Telephone 844-882-3283
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