Shared Equity Agreement/Home Equity Investment

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Want to Access Home Equity Without Adding a Traditional Monthly Loan Payment?

A HELOC or Home Equity Loan isn't always the only solution.

For some qualifying homeowners, a Shared Equity Agreement (SEA/HEI/HEA) may provide access to home equity without a traditional monthly principal-and-interest payment or traditional interest charge.

Instead, the homeowner agrees to share a portion of the home's future value or appreciation according to the terms of the agreement.

There are important tradeoffs—including potential restrictions involving refinancing, additional liens, and the future sale of the property—so these agreements need to be carefully reviewed.

For homeowners age 55+, a Reverse Second Mortgage may provide another alternative that can allow access to equity without replacing an existing first mortgage.

Different goals call for different home equity solutions.

Let's review the choices and determine which structure may fit what you're trying to accomplish.

Want more information? Click Here

Robert “Rob” Clark | Home Loan Consultant
Firestone Financial Group
 209-227-7745
 robertclarkloans.com
NMLS #357788 | Firestone Financial Group NMLS #301522
CA DRE #01148307
Proudly serving the Central Valley and all of California.

Advertising Disclosure: Programs, rates, fees, terms, property requirements, and eligibility requirements are subject to change. Not all borrowers will qualify. Home equity financing may be secured by your property. Shared-equity agreements are not traditional loans and have separate terms, restrictions, and obligations. This information is for educational purposes only and is not legal, tax, or financial advice.