Unlock Your Home's Value
Home Equity to Buy Your Next Home
Use what you've already built to move up — without waiting to sell.
Unlock Your Home's Value
What Is This Program?
If you’ve owned your home for a while, you’ve likely built up equity — the difference between what your home is worth and what you still owe. This program helps you put that equity to work toward your next home, and even explores turning your current home into a rental instead of selling it. That way, you’re not just moving — you could be building long-term wealth at the same time.
Why Homeowners Use It
- Use your equity toward the down payment on your next home
- Explore keeping your current home as a rental instead of selling it
- Potentially use future rental income to help you qualify for your next mortgage
- Move up without being 100% dependent on a fast sale
Is This Right for You?
This program is a great fit for homeowners who’ve built up equity and are curious whether keeping their current home (instead of selling it) could work in their favor. It’s not the right move for everyone — it depends on your equity, your goals, and your local rental market. A loan officer can walk you through the numbers for your specific situation.
Frequently Asked Questions
Do I have to turn my current home into a rental?
No, that’s just one option this program supports. You can also simply use your equity toward your next home’s down payment while selling your current one.
How much equity do I need?
It depends on your home’s current value and what you still owe. A loan officer can review your specific numbers with you.
Can rental income really help me qualify for a new mortgage?
In many cases, yes — a portion of expected rental income can be used as part of your qualifying income. A loan officer can explain how this applies to your situation.
Is this a good option if I'm not sure I want to be a landlord?
This program is one option among several. If becoming a landlord isn’t the right fit for you, your loan officer can walk you through other ways to use your equity toward your next home.
See What Your Equity Could Do for You
Every homeowner’s equity, timeline, and goals are different. Talk to a MegaStar loan officer to see what moving up — or turning your current home into a rental — could look like for you.
