Figuring out the best way to access your home equity can be a challenge. If you want to pull cash out of your home without selling your property or taking on additional debt, a home equity agreement (HEA) could be a great fit.
Here’s a look at the benefits of an HEA:
- No need to refinance
- No monthly payments
- No interest charges
- No restrictions on net proceeds
- Flexible, 10-year term
- No penalty for buying back equity before term ends
- Retain ownership of your home
- Funding in roughly 30 days
Traditional Financing vs. HEA
Most of the traditional options for unlocking your home equity involve a long approval process and leave you with more debt.
Unlock offers:
- Flexible income and credit requirements
- Funding in 30 days
- No monthly payments or interest charges.
- Sell your home or buy back your equity any time during those 10 years without penalty.
Want to learn more? See how we compare with conventional options.
Have questions? Call 844-314-1435 (Monday – Friday, 9 AM to 11 PM ET).
The blog articles published by Unlock Technologies are available for general informational purposes only. They are not legal or financial advice, and should not be used as a substitute for legal or financial advice from a licensed attorney, tax, or financial professional. Unlock does not endorse and is not responsible for any content, links, privacy policy, or security policy of any linked third-party websites.”