Los Angeles Real Estate Blog & Market Updates

Mortgage brokers usually offer buyers more flexibility and a wider range of loan programs than banks, but banks can still be the right choice when a buyer already has a strong relationship with their existing bank. The smartest move is to get at least three quotes and compare them side by side.

• You do not have to sell your current home before buying a new one. There are several ways to make it work. • A cross collateral loan lets you use the equity in your current home to purchase your next one without a traditional down payment. • Selling with contingencies and negotiating possession terms can create breathing room for a smoother transition. • Every situation is different. The right approach depends on your timeline, your finances, and your comfort leve