CatapultReviews of catapult.homes

My wife and I found the perfect home, and not wanting to lose the opportunity, we sought to purchase it ASAP prior to selling our current home. Little did we know, banks do not typically provide second mortgages (regardless of my infallible credit score). So we were left with very few options. Enter Catapult, whose model is to purchase a majority equity stake in your current home with zero fees and minimal bureaucracy up front. This allows you to pay off your existing mortgage, and qualify for a new mortgage unconditioned on any sale in your current home. Then whenever you sell your current home, a portion of the proceeds are used to repay Catapult. Simple! Catapult did a quick in person home visit and within a day sent me approval with their (perfectly reasonable) valuation of my home. Being Catapult-approved gave me the comfort knowing I could go make offers on a new home without needing to sell my home first. Catapult's process was smooth and professional. I spoke with Ankur (an immensely high-achieving and credible founder) on multiple occasions, and found him to be 100% transparent about the product, fees, terms, and next steps/timing all throughout the process. In the end, we were able to find an unusual financing structure that ended up working for us, and not needing the Catapult product. But I just as easily could have proceeded with Catapult. The experience was everything I could have wanted, and I believe Catapult is very much worthy of its five star reviews here by others.

We are San Francisco homeowners and first spoke to Catapult in early 2022 on a recommendation from our mortgage agent when we said we were looking for a new house. Catapult was very patient - it took us six months to find a home we liked and to reach back out. We had no time pressure and Catapult quickly re-engaged with us when we needed them. They enabled us to buy the new home first and sell our old house second, and we got underwritten on our new mortgage for our new home as if our original mortgage didn't even exist. It was amazing. They even helped us find a top-ranked listing agent for the sale. In short, Catapult had our back every step of the way, was super easy to work with, and was available by text, phone, and email any time we had a question or needed help.

We own a home in the East Bay with a mortgage, so the bank told us we could not get a new mortgage for a new home until we paid ours off. This left us with bad options, like considering expensive bridge loans or selling and moving out first before shopping for a new home. Catapult saved the day for us - they approved our home for their program, we paid nothing up front, and we were able to get fully underwritten for our new mortgage, as if we had no current mortgage at all. This enabled us to make a strong non contingent offer and we got the house we wanted. And, in the end, we paid Catapult literally nothing out of pocket for all of this. Ankur is extremely knowledgeable in this space, and his experience allows him to be a savvy and practical counselor; a welcome addition to the home selling/buying process that can otherwise at times be both frustrating and confusing. Thanks again, Ankur and team for a great experience!

I have worked with Catapult multiple times and admit I was skeptical at first, but the experience has been so great for both my clients and myself, that I can't recommend them enough. The beauty of working with Catapult is they help homeowners who are often stuck given the mortgage in their current home, and equity they cannot cash out of either, or they just don't want to move twice in the home selling process. It's been great working with them on the listing as well - they are professionals who understand the real estate world well and are easy to work with. Highly recommend!"

Working with Catapult was the answer to all of our worries as we were searching for a new house. We wanted to upgrade to a larger property in the East Bay, but our equity was tied up in our current house, so we felt stuck. Then we found Catapult. They helped us get our mortgage approved, cash out equity from our home, and put an offer on a new house. We didn’t have to move until after we closed on our new home, which was a lifesaver. We ended up hiring an amazing listing agent that Catapult recommended, and we got over 10 offers and six figures over asking! Everything went smoothly and Ankur from Catapult was fantastic to work with. He is incredibly savvy, creative, communicative and on top of things. We highly recommend Catapult – amazing start to finish!

I just completed a sale with Catapult Homes in Redwood City. This was my first time working with Catapult and it proved to be an easy, straight-forward and professional experience. Catapult enabled my clients to buy their new home and move in before I listed their Redwood City home for sale. There was no fee to them and they are thrilled with the entire process. I will definitely recommend Catapult to future clients and hope to work with them again very soon.

After exploring costly bridge loans and exploring the idea of selling before moving, Catapult homes provided the perfect solution of buying our home and working with so that us to move only once. Ankur and Betty were great every step way. They were very communicative and worked well with our agent and financing team. Thanks for helping us secure our dream home and helping us get top dollar on the sale of our old home. All in all a great seamless experience! Thanks for all your help!!

Catapult is offering a great service to let homeowners buy first and move once. I am an agent in the Peninsula and worked with Catapult (Ankur Luthra) on a transaction in Palo Alto. He was very professional and easy to work with - very on top of the ball. Highly recommend the service. Would welcome the opportunity to work with Catapult/Ankur again.