Powered by HomeLight Cash Offer™
HomeLight makes an all-cash offer on your behalf. That has real value. Cash offers are 3x more likely to win and can get you a 5% savings, on average, versus offers with a loan.*
How does HomeLight Cash Offer™ work?
1) Get approved
HomeLight Home Loans* will verify your income, assets, and purchasing power so that they’re ready to make an all-cash offer.
2) You find your dream home
This is the fun part: We tour homes with you until you find the right one.
3) Make an all-cash offer
HomeLight uses their funds to make an all-cash offer on the house on your behalf and close in 8 days. You don’t need to move a muscle.
4) The offer is accepted
HomeLight purchases the home and holds it while you secure financing.
5) Take ownership and move in
As soon as your loan closes, HomeLight sells the home to you at the same price they purchased it plus a small program fee.** Move on in!
*Based on Chauner, Bailey. “How to Win a Real Estate Bidding War.” Redfin, 22 Nov. 2019
**When you use HomeLight Home Loans on your new purchase, the HomeLight Cash Offer fee is 1% of the home purchase price. If you use another mortgage lender, the HomeLight Cash Offer fee is 3% of the purchase price.