Expert Contribution

Hoping to Buy Before You Have to Sell?

You’re standing by the window, staring into the yard as you sip a warm cup of tea. Smiling to yourself, you think of all the beautiful memories you’ve created with your kids and loved ones over the years. 

As you reminisce, you find things feel different in your house: a little quieter, a bit larger, and your children have grown and moved out. Is downsizing a good idea at this point in life? 

Maybe you’ve considered purchasing a smaller property, but the thought of buying before selling feels overwhelming. In that case, we have a fast and easy solution to buy your next home before having to list your current abode!

Introducing The NINE Loan 

The NINE Loan can meet unique circumstances because it does not have income or employment requirements. Instead, your full financial profile is the key to financing.

To qualify, you need:

  1. A strong down payment or home equity
  2. Good credit history
  3. Robust post-closing reserves

Unlike traditional mortgages, the NINE Loan allows you to stay in your current home while buying a new one. Benefits of this approach to homebuying include being able to:

Compete and win with a stronger purchase position by making a non-contingent offer on your next home. 

Qualify for home financing without income documentation or employment verification even if you’re retired, between jobs, or self-employed with low verifiable income. 

Obtain a mortgage with a 25% down payment or your existing home’s equity, sufficient post-closing reserves, and a minimum 660 credit score.

Take your time to prepare your existing property for market on your own schedule. This reduces the inconveniences of living in your home while it’s for sale.

Close on your new home, move in, and then have your agent sell your vacant and fully staged existing property for maximum value after you have moved out.

If you’re considering buying before you sell, the NINE Loan could be the solution for you. For more information, visit or 

About The Author

W. Todd Galde
CrossCountry Mortgage, LLC

After more than 20 years, Todd Galde has mastered the process of helping borrowers with different income sources, matching the correct loan to their unique circumstances. We teach and advise, then we customize. A Direct Lender, Team Galde offers solutions with competitive rates and financing programs that give you more qualifying options, including the unique NINE Loan for owner-occupied purchase or refinance. Learn more at 

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