InstaMortgage Partners with Calque to Offer the Trade-In Mortgage

Innovative Mortgage Lending Solution Leverages Current Equity for Buyers to Purchase Their Next Property

InstaMortgage, a tech-driven mortgage lender licensed in 26 states, announced a partnership with Calque to offer an innovative approach to mortgage lending with the Trade-In Mortgage^™.

“With home equity at an all-time high, homeowners can leverage their current equity with a mortgage product like the Trade-In Mortgage to buy their next property. Homeowners can purchase and move into their new home before selling their existing one. It’s that simple.”

Calque, launched in 2021, empowers homeowners to use the equity in their current home to buy their next home with the Trade-In Mortgage. Unlike other buy-first mortgage lending solutions, homeowners can choose their own real estate agent and work with InstaMortgage to make a new-home purchase using a conventional 80% loan without selling their existing home first. Using the Trade-In Mortgage, a homebuyer can make a non-contingent offer that is as good as cash on a new home in today’s increasingly competitive real estate market.

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“InstaMortgage identified Calque as an innovative solution for a homebuyer in a tight market,” said Shashank Shekhar, Founder and CEO of InstaMortgage. “With home equity at an all-time high, homeowners can leverage their current equity with a mortgage product like the Trade-In Mortgage to buy their next property. Homeowners can purchase and move into their new home before selling their existing one. It’s that simple.”

This is another lending solution from InstaMortgage that differentiates the company and provides a radically different mortgage experience for savvy consumers.

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“Calque found an ideal partner in InstaMortgage,” said Peter Kallodayschsack, head of operations at Calque. “We were looking for a mortgage company committed to putting the customer first. The Trade-In Mortgage provides a far superior homebuying experience for homeowners that want to leverage the equity in their existing home to buy their next home.”