Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease.
Ruoff Mortgage is teaming up with fintech company Calque to offer two “buy before you sell“ programs to customers. The Trade-In Mortgage and the Contingency Buster will be available to Ruoff Mortgage borrowers via the company’s online platform and mobile app.
The Trade-In Mortgage — Calque’s most popular program — functions similar to a vehicle trade-in. Sellers can tap into their current home equity in a bid to buy another property without coming up with cash for a down payment. Buyers are details ⇒
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