A simpler way to compare

I’m getting confused by all these options.

Start with what you need the plan to do. You don’t need to choose a product. Tony can help work backward from the move you want.

I need my equity before I sell.Bridge financing may help.I can bring my equity over afterward.A smaller down payment and recast may help.I have the money, but can’t qualify carrying both homes.An applicable Guaranteed Backup Contract may change how a lender treats departure obligations. Actual costs remain.I may need to use equity across both homes.Cross-collateral financing may help.I’m planning ahead, before selling is imminent.A HELOC may help.I expect to pay down the new-home borrowing quickly.A purchase-money HELOC may be worth evaluating.I need more control over where I’ll live and when.Ask your agent and attorney whether Suitable Housing or Use & Occupancy could fit.