# How to Apply for an Unlock Home Equity Agreement (HEA)

Ready to tap into your home’s equity? Great! Here’s a simple guide to help you navigate the application process for Unlock’s [home equity agreement](/blog/home-equity/how-a-hea-works-home-equity-agreements-made-easy/) (HEA).

**Apply in Four Easy Steps:**

1. **Create a secure account:** Start by answering a few questions about your home.
2. **Approve a soft credit check:** This won’t affect your [credit score](/blog/credit-score/7-common-credit-score-myths-separating-reality-from-fiction/).
3. **Fill Out Your Application:** Provide some details about your home and sign the application—no obligations, no strings attached.
4. **Upload a Few Documents:** We typically need your ID, mortgage statement and proof of homeowners’ insurance.

**Get an Estimate**

In just a minute or two, you can get an estimate of how much cash you might be able to pull from your home.

Begin by creating a secure account with your email and a password of your choice. To give you an accurate estimate, we’ll ask for:

- **Your Property Address**

- **Type of Property:** Single-family home, townhouse, condo, etc.
- **How You Use the Property:** Is it a primary residence, a second home, or an investment?
- **Property Value:** We generate a [default estimate](/blog/home-equity/how-real-estate-sites-can-reveal-the-true-value-of-your-home/), but you can adjust that figure as needed.
- **Outstanding Debt on the Property:** This includes your remaining mortgage and any home equity loans.
- **Estimated Credit Score:** You can pick from a range of scores rather the citing an exact score. The photo below shows the credit score range options.

![](https://www.unlock.com/app/uploads/Credit-Range-Options-222x300-1.jpg "Screenshot")- **Your Name and Phone Number.** Don’t want to provide your number? You can always call us directly at 1-800-560-3450 to continue the process.

You can view your estimate securely online. Although the process is fully automated, you’ll have a dedicated home equity officer to guide you whenever needed.

**Complete Your Application**

Once you’ve reviewed your estimate and are ready to proceed, click “Next” to start your full application.

During the application, we’ll ask for your Social Security number to perform a “soft credit check” to verify your credit. This doesn’t impact your credit score and is only visible to you.

Other details we’ll need include:

- **Trust Ownership:** If your property is held in a [trust.](/blog/home-equity/why-should-i-put-my-home-in-a-living-trust/)
- **How You Plan to Use the Funds:** Pay off [debt](/blog/debt/how-to-use-home-equity-to-pay-off-debt/), home improvements, etc.
- **Home Purchase Details:** When you bought it and for how much.
- **HOA Fees:** If applicable.
- [**Private Mortgage Insurance**](/blog/home-equity/what-is-private-mortgage-insurance/) **(PMI):** And any other monthly property expenses.
- **Existing Mortgages:** If you have more than one.
- **Mortgage Delinquencies:** Any recent 90-day or 120-day delinquencies.
- **Bankruptcy, Foreclosure, or Short Sale History:** In the past 10 years.
- **Outstanding Judgments or Past-Due Taxes:** Or if you’re in a mortgage repayment or foreclosure mitigation program.

**Upload Your Documents**

We’ll need just a few documents:

- **Government-Issued ID:** A driver’s license, passport, or Green Card. Simply take a photo with your phone and upload it.
- **Homeowner’s Insurance Declaration Page(s):** This should show the name on the policy, policy period and replacement cost details. For condos, the master policy is sufficient.
- **Mortgage Statement:** Make sure it lists your current balance, payment history and interest charges. If you don’t have a mortgage, you can skip this.
- **Home Equity Loan/Line of Credit Statements:** If applicable.
- **Lease Agreements or Proof of Rental Income:** If you rent out the property.
- **Trust Documents:** If your property is in a trust.

If we need anything else, your home equity officer will reach out.

**Review and Sign Your HEA**

After you complete your application, we’ll verify everything and send you an estimate with detailed terms and costs.

If you have everything ready, the whole process—creating an account, getting credit-qualified, completing the application, and uploading documents—should take about 15 minutes.

Remember, you can always call us if you have questions at 1-800-560-3450.

##### See how much you prequalify for in less than a minute.

 [Get Started](https://app.unlock.com/utm_content=unlk-blog-cta)