Unlock’s Home Equity Agreement (HEA) helps turn home equity into cash for financial flexibility and possibilities. Use equity you have for the things you need.
To secure the performance of your obligations under HEA, Unlock will place a lien on your property in the form of either a “performance deed of trust” or a “performance mortgage” depending upon which state the property is located.
To secure the performance of your obligations under HEA, Unlock will place a lien on your property in the form of either a “performance deed of trust” or a “performance mortgage” depending upon which state the property is located.
With an Unlock Home Equity Agreement (HEA), you receive a lump sum of cash today in exchange for a share of your home’s future value. The cost of your HEA is based on how much or how little your home appreciates during the length of your HEA term, which can last up to 10 years.
In most cases, Unlock must be in no greater than 2nd lien position and the property must be clear of any liens deemed unacceptable by Unlock in its discretion. A minimum HEA amount of $15,000 is required on all transactions.
Explore answers to top questions about Unlock’s home equity agreements. Learn how they work, who qualifies, and what to expect with fees and settlement.
To secure the performance of your obligations under HEA, Unlock will place a lien on your property in the form of either a “performance deed of trust” or a “performance mortgage” depending upon which state the property is located.
