EMM Loans is now offering The Trade-In Mortgage powered by Calque.
With The Trade-In Mortgage, a homebuyer can make a non-contingent offer as good as cash and backed by a purchase price guarantee from Calque. If the house does not sell within 90 to 150 days, depending on market conditions, Calque will purchase it.
The product will be offered by EMM Loans and its DBAs – Ideal Mortgage Group, Maximus Mortgage Advisors and Fidelity Lending LLC.
“By partnering with Calque, we offer a solution that allows more homebuyers to compete with cash buyers, and we can reassure our clients that they can be successful in this market,” said Brad Miller, senior vice president at EMM Loans. “Importantly, The Trade-In Mortgage ensures that borrowers who currently own a home can experience the ease of a bridge loan experience without the worry that they might have to carry two mortgages indefinitely.”
“Calque selected EMM Loans and its affiliated DBAs as the ideal partner to introduce The Trade-In Mortgage to their borrowers,” said Michael Bremer, CEO of Calque. “These are some of the most knowledgeable mortgage specialists in the nation, and they can enable more homebuyers to leverage their equity for a smoother transition between homes.”
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