If you're like most Florida homeowners, you probably still have a mortgage on your property—and that leads to a common question:

“Can I sell my house to a cash home buyer if I haven’t paid off the mortgage yet?”

The short answer: Yes, you can.
In fact, working with a reputable “We Buy Houses” company can make selling your home with a mortgage faster, easier, and less stressful—especially if you need to sell quickly.

Let’s walk through how it works, what to expect, and how much you might actually make using three real-life examples.

Can You Sell a House With a Mortgage Still on It?

Yes. You can sell your house even if you still owe money on it. When you sell, the proceeds are first used to pay off the remaining mortgage balance, and whatever is left over is your profit.

This applies whether you:

• Sell with a real estate agent

• Sell it yourself (For Sale By Owner)

• Sell directly to a cash home buyer

Learn more about how mortgages are handled at closing in this Consumer Financial Protection Bureau resource.

Three Florida Homeowners, Three Ways to Sell With a Mortgage

Each of these homeowners bought their house for $250,000, and now it’s worth $265,000. Each one still owes $185,000 on their mortgage.

Steve – For Sale by Owner (FSBO)

Steve tries to sell his house on his own to avoid realtor commissions. He lists it online, shares it on social media, and puts a sign in the yard.

He eventually sells it for $245,000, after lowering the price multiple times and waiting longer than he planned. After paying off the mortgage, Steve walks away with around $60,000, but it took a lot of time and stress to get there.

James – Hires a Real Estate Agent

James uses a local agent to list and market the property. The agent helps him sell quickly—for $250,000—but after paying a 6% commission (~$15,000), closing costs, and his mortgage, James ends up with about $43,000.

This is a good option if you don’t mind paying fees and waiting a few months.

More on commission costs here: Redfin – What Is a Real Estate Commission?

Bob – Sells to a “We Buy Houses” Company

Bob doesn’t have time to wait—he’s relocating for a new job. He contacts a Florida cash buyer and gets a no-obligation cash offer of $240,000. He accepts, and closes in just 7 days. After paying the mortgage, Bob nets $55,000—without having to do any repairs, showings, or paperwork.

Is it the highest possible sale price? No. But it’s a fast, easy, and low-stress solution.

What Are the Benefits of Selling to a “We Buy Houses” Company in Florida?

Learn more about how cash offers work here: Zillow – How Does a Cash Offer on a House Work?

Will I Make Money If I Still Have a Mortgage?

The answer depends on:

• Your home’s current market value

• How much you still owe

• Any fees or commissions involved

• The condition of your home

In most cases, you’ll be able to walk away with profit—even if you sell to a cash buyer. Just keep in mind that traditional listings may get you a higher price, but they also take longer and come with added costs.

For more insights, see: Bankrate – Selling a House With a Mortgage

How Florida Cash Buyers Handle Mortgages

When you sell to a reputable “We Buy Houses” company in Florida, here’s what happens:

1. They calculate your payoff amount

2. They make a fair cash offer based on your home’s value

3. They pay off the mortgage at closing

4. You receive the remaining cash directly

5. They cover the closing costs

No hidden fees. No open houses. No long waits.

Thinking About Selling With a Mortgage?

Selling a home with a mortgage doesn’t have to be complicated—but traditional sales can come with delays, financing issues, or last-minute buyer cancellations. You might accept an offer only to find out the buyer can’t secure a loan, forcing you to start the entire process over.

That’s where we come in.

At Home Buyer Tampa, we buy houses directly—no banks, no waiting, and no surprises. When you work with us, you can skip the uncertainty and close in as little as seven days. We’re the buyer, and we won’t back out.

If you're looking for a fast, reliable sale, the convenience of working with a cash buyer can save you time, stress, and out-of-pocket costs. Whether you’re relocating, behind on payments, or simply want to move on, we’re here to help.