Can I Sell My House If I Still Have a Mortgage in California?

Can I sell my house if I still have a mortgage in California?

Yes, you can sell your house in California even if you still have a mortgage. As long as the sale price covers your remaining loan balance and selling costs, the process is straightforward. Casey Brummer at Epique Realty can guide you through every step to ensure a smooth sale.

If you're preparing to sell house in California but still have a mortgage, you're not alone. Most homes are sold before the mortgage is fully paid off. The key is understanding how your mortgage impacts the transaction and planning ahead. That’s where expert guidance from Casey Brummer at Epique Realty comes in.

Selling with a Mortgage — How It Works

When you sell a home with a mortgage, the loan is paid off at closing using the buyer’s funds. Your escrow company will calculate your loan payoff amount, settle it with your lender, and distribute any remaining proceeds to you.

Key steps include:

• - Accepting a buyer’s offer
• - Opening escrow and ordering a payoff statement from your lender
• - Using sale proceeds to pay off the mortgage at closing

What If the Sale Price Doesn’t Cover the Mortgage?

This is called being “underwater” on your mortgage. If you owe more than your home is worth, options include:

• - Bringing cash to cover the difference at closing
• - Negotiating a short sale (lender must approve)
• - Renting the property until values rise

Casey Brummer can help you explore your options if you’re in this position, and decide whether to sell now or wait.

Equity and Net Proceeds Matter

Selling with a mortgage isn’t a problem if you have enough equity. Your net proceeds—the money you walk away with—depend on:

• - The sale price of your home
• - Your remaining loan balance
• - Your total selling costs (commissions, closing fees, etc.)

You’ll want to work with a professional like Casey Brummer to estimate your net proceeds accurately before listing.

Prepayment Penalties and Loan Types

Most modern home loans do not have prepayment penalties, but it’s important to check your mortgage terms. This is especially true for older loans or certain investor mortgages. Your lender or escrow officer can clarify if any fees apply.

Documents You’ll Need for a Smooth Closing

To close on your home sale with a mortgage, you'll need:

• - Mortgage account number and lender contact info
• - Final mortgage payoff statement
• - HOA documentation (if applicable)
• - Government-issued ID

How Casey Brummer Helps You Navigate the Sale

Selling a mortgaged home can seem complicated, but it doesn’t have to be. Casey Brummer will help you review your loan, run accurate net sheets, coordinate with escrow, and negotiate your sale for the best outcome. Whether you’re selling in Los Angeles, Palmdale, or Bakersfield, Casey has the local knowledge and experience to guide you through.

Get Expert Help Selling a Home with a Mortgage

Still owe on your mortgage? No problem. With the right guidance, you can sell confidently and walk away with equity in hand. Contact Casey Brummer at Epique Realty today for a free consultation and a personalized plan to sell your home—even with a mortgage.

📞 Let Casey Brummer help you make your next move with confidence.