How Does it Work?
Get approved.
We approve you for a specific amount so you can start shopping and be ready to make an offer as soon as the house you want comes on the market.
Make a cash offer.
We work with your agent to make a cash offer on your new home. Cash offers are three times more likely to win than financed bids
Win the home.
The seller accepts your offer. We work with your agent to finalize the purchase. You’ll have a few tasks to complete, too, including paying your earnest money deposit, scheduling an inspection and signing mortgage disclosure documents.
Move into your new home.
Live in your new home while you rent it from us for up to six months. We'll prorate the rent so you only pay for the days you use.
List and sell your old home.
List your old home and sell it for top dollar. We're able to provide a floor price guarantee to most homebuyers. So if your home doesn't sell in six months, we'll buy it from you
Buy back your new home.
Finalize your mortgage and close on your new home by buying it back from us.
What Does It Cost?
Convenience Fee
Often rolled into mortgage
Homeward's standard convenience fee is 1.9%. However, if you use their preferred lender, that is reduced to 0%. There is literally no cost!
Rent
Deferred until closing
Homeward prorates your rent by the day, so you only pay for the time that you need. Finalizing the loan usually takes a few weeks.
Ready to Get Started?
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