When estimating the maximum cash we can offer, we calculate something we call Total Home Finance. Total Home Finance is the home's current loan-to-value percentage plus Unlock's share percentage.

For example, let's say the home is worth $500,000 and currently has $300,000 in mortgage debt. Let's also say that the Exchange Rate for a $50,000 Unlock Investment is 1.6x. This would result in a 16% Unlock Percentage (10% x 1.6 = 16%). The loan-to-value is 60% ($300,000 / $500,000) and the Total Home Finance is 76% (60% + 16%).

Current loan-to-value + Unlock Percentage = Total Home Finance