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About Knock
Knock provides the Knock Bridge Loan, a financial product that lets homeowners use the equity in their current home to purchase a new one before selling the old property. The loan is secured against the departing residence and is available to qualifying customers in select US states.
Key Benefits
Knock Bridge Loan for buy-before-you-sell transactions
Works with homebuyers, agents, and lenders
Covers expenses like down payment, repairs, and moving
Available in select US states
Use Cases
Homeowners seeking to buy a new home before selling their current one
Real estate agents assisting clients with buy-before-you-sell needs
Lenders partnering to offer bridge loans to clients
Pros
Enables non-contingent home purchase offers
Provides access to home equity before selling
Streamlines buy-before-you-sell process with agent and lender collaboration
Covers key expenses like down payment and repairs
Cons
Available only in select US states
Eligibility and costs vary by customer and location