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Home / Loan programs / Home Equity Investment
Home equity · Available through Pick My Mortgage Rate
A Home Equity Investment (HEI) gives you cash today in exchange for a share of your home's future value. It works differently from a loan: there are no monthly payments, ever, and you share in your home's future value instead. You can buy back your equity any time within a 30-year term with no penalty. Available through Pick My Mortgage Rate. Independent broker, powered by Loan Factory.
Illustrative only. Your offer, fees, and cap are shown before you sign.
You receive one lump sum of cash. In exchange, an investment partner gets a share of your home's future value. Its flexible structure is designed to support both short-term and long-term goals.
There are no monthly payments, ever. That keeps your monthly cash flow free for everything else.
Qualifying is not based on your income, which can help if you are self-employed, retired, or have income that changes.
You still need to meet the program's credit and other requirements, but you do not need perfect credit.
No change to your current mortgage, so a first mortgage you like stays in place. You keep full control of your home.
Buy back your equity whenever it suits your plans within the 30-year term, with no prepayment penalty.
Pay off debt, renovate, fund a business or education, add to retirement savings, or handle a life event.
When you buy back your equity, the amount you pay is based on what your home is worth at that time. You can buy back any time within the 30-year term.
An investment partner shares in the gain, so your buyback amount is higher. The Homeowner Protection Cap limits how much you would ever repay.
Your buyback is based on your agreement and your home's value at that time. Your offer explains exactly how it is calculated.
Your buyback costs may be smaller. An investment partner shares in the downside too.
Every HEI includes a Homeowner Protection Cap: a ceiling on how much you would ever repay. It covers your full 30-year term, and your offer shows your cap before you decide. Ask us to walk you through your numbers.
An illustrative look at the HEI process with us.
Tell us your goals. We will explain how an HEI works and whether it fits your plans. Family is welcome.
We help you see an estimate of your offer and what buying back could look like over time.
Complete the online application, including a credit check and ID verification.
After your appraisal and review, you could be funded in as little as 3 weeks, start to finish.*
*Actual closing timeline may be longer and depends on homeowner responsiveness, mortgage payments being up to date, appraiser timelines, and other debt obligations on the property being met for the previous 90 days. Subject to approval.
An HEI tends to fit equity-rich homeowners who value cash flow flexibility. It is not for everyone.
An HEI trades part of your home's future value for cash today with no monthly payments. Here is how that trade-off looks.
An HEI is a different kind of home equity product. Here is what the program looks at.
Things to consider: an HEI is tied to your home's value, so the amount you repay is not known up front. The Homeowner Protection Cap sets a ceiling. All offers are subject to approval.
You need built-up equity in your home. Cash offers range from $30,000 to $600,000, based on your home and equity.
No need for perfect credit, but you must meet the program's credit and other requirements.
No income requirements. Income and employment are not used to qualify.
Your mortgage payments should be up to date.
Most 1 to 4 unit homes, condos, and townhomes. Manufactured homes and co-ops are not eligible.
Available in select states. Ask us whether your home qualifies.
Three ways to use your home equity. We'll help you weigh them side by side. See our online HELOC, Wealth Builder HELOC, and conventional cash-out options.
| Feature | Home Equity Investment | HELOC | Cash-out refinance |
|---|---|---|---|
| How it works | Cash now for a share of your home's future value | A line of credit you borrow from | A new first mortgage |
| Monthly payments | None, ever | Required, based on what you draw | Required, principal and interest |
| Your current mortgage | Stays in place | Stays in place; HELOC is a second lien | Replaced by the new loan |
| What you repay | Based on your home's value when you buy back, up to a cap | What you borrow plus interest | What you borrow plus interest |
| Income to qualify | No income requirements | Income is reviewed | Income is reviewed |
| Term | 30 years; buy back any time, no penalty | Varies by program | Varies by loan |
| Best for | Homeowners who want cash without a monthly payment | Homeowners who want flexible access to equity | Homeowners who want one lump sum and a new first mortgage |
A Home Equity Investment gives you a lump sum of cash today in exchange for a share of your home's future value. It is available through Pick My Mortgage Rate, and we help you see whether it fits your plans.
An HEI works differently from a traditional loan. You do not make monthly payments. Instead, you share in your home's future value, and you settle up when you buy back your equity, any time within the 30-year term.
No. There are no monthly payments, ever. You buy back your equity in one payment whenever you choose within the 30-year term.
It depends on your home's value when you buy back. If your home's value goes up, an investment partner shares in the gain. If it falls, your buyback costs may be smaller. The Homeowner Protection Cap limits the most you would ever repay.
Every HEI includes a Homeowner Protection Cap, a ceiling on how much you would ever repay. It covers your full 30-year term, and your offer shows it before you decide.
Any time within the 30-year term, with no prepayment penalty. You might buy back when you sell, refinance, or have the cash.
No. There are no income requirements and you do not need perfect credit. You still need to meet the program's credit and other requirements.
HEI offers range from $30,000 to $600,000, depending on your home's value, your equity, and the program's guidelines.
No. Your current mortgage stays as it is, and you keep full control of your home. You keep paying your mortgage as usual.
A Home Equity Investment is available in select states. Contact us and we will check whether your home qualifies.
About this program. A Home Equity Investment is available through Pick My Mortgage Rate. It is offered as a licensed mortgage product in select states. In jurisdictions where licensing is not currently required, it is offered in accordance with applicable law. Equal Housing Opportunity.
Pick My Mortgage Rate is Jerry L Kindig III, NMLS #2397823, with Loan Factory, NMLS #320841. This is not an offer of credit. This is an invitation to apply, and to qualify you must meet credit and other requirements. Terms and fees are subject to change.
Send a note and a licensed loan officer will run your numbers and walk you through your offer. Prefer to talk now?