Many homeowners have a vision for their house, but lack the cash to start. An Equity Sharing Agreement, often compared to Home Equity Investments (HEIs) can provide the funds for your dream project with no monthly payments.
Instead, you use your equity; sharing in the future change of your home’s value. You pay back the original investment and the share in value (up or down) when you sell your home, buy out the agreement, or after 30 years.
The Challenge: A Kitchen in Need
Meet Sarah. She has owned her home for ten years. Over that time, her house in a quiet neighborhood grew in value, but her kitchen stayed stuck in the past. The cabinets were peeling, and the appliances often broke down. Sarah wanted to spend $50,000 to fully update the space. While she had a steady job, she did not have $50,000 in savings to spend all at once.
Why a Loan Didn't Work
Sarah first looked at a traditional home equity loan. She found that adding a new loan would increase her monthly expenses by hundreds of dollars. Between her existing mortgage and daily bills, she did not want the stress of another "must-pay" debt every month. She also looked at credit cards, but the high interest rates made the total cost of the renovation feel too expensive. She needed a way to access her home's equity without the burden of a new monthly bill.
The Solution: Partnering With Unison
Sarah chose an Equity Sharing Agreement. Sarah was able to access $50,000 upfront. In exchange, Unison will share a portion of the total future value of her home when the agreement term ends.
- Immediate Access: Sarah received the $50,000 she needed to start her renovation.
- Budget Friendly: There were no monthly payments added to her life.
- Increased Comfort: She was able to finish the kitchen of her dreams while her home was still young.
Sarah’s Kitchen Dream, Realized
Today, Sarah enjoys a modern kitchen that has likely added value to her home. She feels secure knowing she didn't have to stretch her monthly budget to make it happen.
As Sarah puts it: "I loved my home, but the kitchen was holding me back. Working with Unison allowed me to unlock the equity I needed without the weight of a monthly loan payment. It felt like I was finally making my home's value work for me."
Using an Equity Sharing Agreement can help you achieve your home goals. We are here to help you unlock your home's potential so you can focus on the things that matter most.
Disclaimer: This sponsored content is for informational purposes only and is not financial, legal, or tax advice. Unison’s Equity Sharing Agreement (ESA), offered through Unison Agreement Corp., provides cash upfront with no monthly payments or interest charges. In exchange, you share a percentage of your home’s future appreciation (or a limited portion of any depreciation) when the agreement ends (upon sale, refinance, buyout after 5 years, 30-year term, or death/default). If your home depreciates, Unison typically shares in a portion of the loss, subject to program limits—you may still owe the full advance amount. A lien is placed on your property, which may limit future refinancing options. There may be tax implications (e.g., potential recognition of income on forgiveness of advance if the home depreciates). No guarantees are made regarding home value changes or outcomes. For complete terms, eligibility, and details, visit unison.com. For traditional lending products, see Unison Mortgage Corp., NMLS #2574289. Always consult your own financial, legal, and tax professionals before proceeding.