Understanding Shared Equity Agreements

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Many homeowners are hearing about Shared Equity Agreements for the first time through TV and online commercials. But what exactly are they?

A Shared Equity Agreement (SEA) is one of several ways qualified homeowners may be able to access a portion of their home's equity without refinancing their existing first mortgage.

It's different from a traditional loan, and it's not the right solution for everyone. That's why understanding all of your home equity options is so important.

In my latest educational blog, I explain:

 What a Shared Equity Agreement is
 How it works
 When it may make sense
 How it compares to HELOCs, Home Equity Loans, Alternative Documentation HELOCs, and Reverse Second Mortgages

Knowledge is one of the most valuable financial tools you can have.

 Read the full guide. Click Here

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Robert Clark
Home Loan Consultant | Firestone Financial Group

 Cell: 209-227-7745
 Alternate: 559-476-9279
 rbrtclark53@gmail.com
 www.robertclarkloans.com

NMLS #357788 | CA DRE #01148307
Firestone Financial Group NMLS #301522

Equal Housing Opportunity.

Programs and guidelines are subject to change. Qualification required. This post is for educational purposes only and is not financial, legal, or tax advice.