Basic Eligibility

The Three Basic Eligibility Factors:

  • Your home. To qualify for a Home equity Investment, your home needs to be in an eligible area, and your property value needs to be above $200,000.
  • Your equity. You need to retain at least 20-25% of the equity in your home after the lender’s investment. In certain situations, the lender may require more equity be retained by the homeowner.
  • Your financial situation. While Home Equity Contract investors are much more flexible about your credit than conventional home equity options, they may still require a minimum credit score to qualify. Your debt levels can also affect your offer. The minimum credit score currently is 500.
Home Equity Contracts