# Flyhomes

> Flyhomes is a Seattle mortgage-fintech company that helps homeowners buy their next home before selling the one they already own. After starting as a vertically integrated brokerage and lender, it survived the 2022 housing freeze by dropping the expensive direct-to-consumer model, closing its in-house brokerage and retail lending operations, and distributing a focused set of bridge-financing and contingency-removal products through independent loan officers and real estate agents.

- **Founded:** 2016
- **Headquarters:** Seattle, United States
- **Founders:** Tushar Garg (CEO and Co-Founder), Stephen Lane (Co-Founder and former CEO/Executive Chairman), Ryan Dibble (CFO and Co-Founder)
- **Team size:** Approximately 210 employees in supplied company data; public directory counts vary.
- **Products:** Guaranteed Backup Contract / DTI Buster, Instant Equity, Flyhomes Cash Offer, Cross Collateral Loan / Move with $0 Out of Pocket, Retire & Downsize
- **Notable:** Raised more than $200M in reported equity funding, including a $150M Series C in 2021., Facilitated approximately $11B in transaction volume, according to the company., Helped more than 5,000 buyers move into their next home, according to Flyhomes' LinkedIn profile.

## Products & services

- **Guaranteed Backup Contract / DTI Buster** — A prearranged backup offer on the departing home that may let a lender exclude the existing mortgage from debt-to-income calculations and remove a home-sale contingency.
- **Instant Equity** — A short-term home-equity loan that releases funds from the departing home before it sells for a down payment, closing costs, reserves, renovations, or moving expenses.
- **Flyhomes Cash Offer** — A purchase bridge loan secured by the next home that supports a cash-like, non-contingent offer and can close in as little as 10 days.
- **Cross Collateral Loan / Move with $0 Out of Pocket** — A short-term loan using the current and next homes as collateral; Flyhomes says qualifying cases can finance up to 105% of the next home's value, including certain transaction costs.
- **Retire & Downsize** — A packaged Buy Before You Sell path for homeowners using existing equity to move into a smaller home, sometimes without a new long-term mortgage.

## Achievements

- Raised more than $200M in reported equity funding, including a $150M Series C in 2021.
- Facilitated approximately $11B in transaction volume, according to the company.
- Helped more than 5,000 buyers move into their next home, according to Flyhomes' LinkedIn profile.
- Built a partner network the company says includes more than 85,000 loan officers and agents.
- Expanded wholesale Buy Before You Sell coverage to 44 states and Washington, D.C. by May 2026.
- Reported 400% year-over-year growth and profitability after the wholesale pivot.
- Developed and sold an AI-powered home-search portal and related technology assets to The Real Brokerage in 2025.

## Latest updates

- **2026-08** — Flyhomes promoted Contingency Lift, a product it says can remove a home-sale contingency in about 12 hours and starts at $2,500.
- **2026-05** — Executives told HousingWire that the wholesale strategy had produced 400% year-over-year growth, profitability, and coverage in 44 states plus Washington, D.C.
- **2025-07** — Raised $15M in Series D funding to expand wholesale lending nationwide.
- **2025-07** — Sold the consumer AI home-search portal and related technology assets to The Real Brokerage, which also made a strategic investment.
- **2025-01** — Closed the remaining in-house real estate brokerage operation to focus on third-party agents and loan officers.
- **2024-01** — Shuttered its own retail lending operation and launched a wholesale channel for third-party mortgage professionals.

## Links

- Website: https://flyhomes.com
- LinkedIn: https://www.linkedin.com/company/flyhomes
- Twitter/X: https://twitter.com/RealFlyHomes
- Instagram: https://www.instagram.com/realflyhomes
- Facebook: https://www.facebook.com/RealFlyhomes

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Profile page: https://yespress.io/flyhomes
Published by YesPress — https://yespress.io
Last updated: 2026-08-22