How Arc Cash Offer Works

Get Fully Cash Approved  

Our partner will evaluate you for the program and, if approved, underwrite you in full to empower you to make a Cash Offer.

Make A Strong Offer On Your New Home

Write a cash offer under your name with our proof-of-funds rather than a pre-approval letter, with no financial or appraisal contingencies.

Make an All-cash Offer

Write a Cash Offer under your name with our proof-of-funds rather than a pre-approval letter, with no financial or appraisal contingencies.

Close in as few as 10 days

You’re able to move in immediately upon closing.

Mortgage closing

We refinance you into a long-term mortgage ~20-30 days later.

Frequently Asked Questions

How much does the program cost?

The program has no hidden costs or added fees. HomeLight Cash Offer costs the same as a traditional mortgage, so long as you use HomeLight Home Loans as your lender, and our mortgage rates are typically in-line with what you would see from other local lenders.

How long does the HomeLight Cash Offer process take?

It depends on how quickly you are able to provide the requested documentation for your upfront underwrite. We can complete the underwrite in a few days after we have the loan application and all supporting documents. Once you’re fully cash approved, we can close on your home in as few as 10 days after offer acceptance. The refinance of your short-term cash loan into a long-term mortgage takes 20-30 days on average.

Does HomeLight still require an appraisal?

Yes. In most cases, an appraisal is required. The appraisal occurs after your short-term cash loan closes, but before
the refinance of the short-term cash loan into a long-term mortgage. This is to protect you from appraisal gap risk
while removing the appraisal contingency on your offer.

How does the short-term cash loan work?

HomeLight provides you with a short-term Cash Loan at the same interest rate as your mortgage, which you
combine with your own down payment to purchase your home. You will receive loan disclosures for both your
short-term cash loan and your mortgage once you’re under contract with the seller.

How do I know if I’m a good fit for the program?

HomeLight Cash Offer is a great fit for a variety of buyers — we’re able to approve up to $2.5 million in loan value. However, we’re currently unable to work with clients who require a VA or USDA loan.


* Based on Anderson, Dana. “All-Cash Homebuyers Are Four Times More Likely To Win A Bidding War” Redfin, 14 March 2022.
Client - March 2023
HomeLight Home Loans NMLS # 1529229 | Equal Housing Lender | |

Ready to Use Our Cash to Make an All-Cash Offer?


Already own a home and looking to purchase a new one?

Now you can buy before you sell with Arc Trade-In.

We buy your current home so you can avoid the stress, risk, and hassle of buying and selling at the same time.

Let's Talk

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