Plan your next home purchase with mortgage guidance for selling, upgrading, relocating, or moving into a larger property.
Move up buyer loans are mortgage options for homeowners who are ready to purchase their next property. These loans can help buyers move into a larger home, a better location, a different school district, or a property that better fits their current lifestyle and long term goals.
Move up buyer loans may benefit current homeowners who are selling and buying at the same time, upgrading into a larger home, relocating, or purchasing a new primary residence. They can also help buyers who want to use equity from their current home toward their next purchase.
Move up buyer loans work by helping you review your current home equity, income, debts, down payment options, estimated monthly payment, and timing between selling and buying. Josh Lemos helps you compare available loan options and plan the next step before making an offer.
Common move up buyer loan options include conventional loans, jumbo loans, FHA loans, VA loans, bridge loans, 30 year fixed loans, 15 year fixed loans, and adjustable rate mortgages. The right option depends on your property goals, income, equity, timeline, and budget.
Move up buyer loans can help homeowners purchase their next property with a clearer plan for financing, timing, down payment, and monthly payment. They can also help buyers use home equity strategically while planning for a smoother transition into a new home.
A move up buyer loan may be right for you if your current home no longer fits your needs and you want to purchase your next property with a clear mortgage strategy. Josh Lemos can help you compare loan options, estimate your payment, and review the best path based on your goals.
Josh helps move up buyers compare financing options, understand timing, review equity, and plan the mortgage process from the first conversation through closing.
Josh helps you understand how selling your current home and buying your next one may work together, including timing, down payment, and qualification details.
Review conventional, jumbo, FHA, VA, bridge loan, fixed rate, and adjustable rate options so you can choose the mortgage structure that fits your next purchase.
If you have equity in your current home, Josh can help you understand how it may support your next purchase and what options may be available.
Josh helps you estimate monthly payment, taxes, insurance, loan terms, and overall budget so you can shop for your next home with more confidence.
Move up purchases can involve selling, buying, relocating, or coordinating two transactions. Josh helps keep the mortgage side clear and organized.
From pre approval to final closing, Josh helps you understand your documents, next steps, and mortgage options throughout the process.
A move-up purchase connects two transactions. Plan the sequence, available funds and overlapping costs before choosing a financing structure.
The practical answer depends on available cash, qualification and tolerance for temporary housing or overlapping payments. Ask Josh to compare the financing implications of each sequence. No general strategy removes the possibility of a sale taking longer than expected.
Sale proceeds usually become available when the sale completes, after payoffs and costs. A projected listing price is not cash in an account. If the purchase closes first, a separately approved funding source may be needed; do not assume that financing is available.
The lender reviews obligations under the chosen program, including whether any permitted rental-income treatment or other adjustment applies. Provide the intended sale or rental plan and documentation. Do not omit a payment simply because you hope the home will sell soon.
Include both properties’ carrying costs, moving, temporary accommodation if needed, transaction charges and a contingency for delay. Required lender reserves are a separate condition. Use a realistic overlap period rather than a best-case closing sequence alone.
Usually you can request a payoff or principal reduction under the loan terms, but reducing principal does not automatically lower the required monthly payment. A recast, if offered, has its own eligibility and fees. Confirm the lender’s policy before building it into the plan.
Information checked September 6, 2026. Sources: CFPB: buying a house ยท Fannie Mae: Principal payments and re-amortization.
