A Unison home equity sharing agreement for:

Other Application Qualification Criteria:

Minimum Credit Score:

620

Property should be Primary Home Residence

Minimum Home Equity:

25%

Unison Homeowner Status

Eligible

Estimated Unlock Value

Based on estimated home value at $0

How it works

Origination

Unison provides homeowners with up to $500k in cash today in exchange for an option to share in their home’s change in value, up or down, in the future. There is no monthly payment and no interest!

Termination

Homeowners make no payments to Unison until they sell their home or 30 years pass. At that time, Unison will settle up based on the value of Unison’s option, and they will owe Unison an amount equal to the cash payment Unison provided, plus or minus a percentage of their home’s change in value.

Example

Home value: $1,000,000

Unison investment: $100,000 (10%)

Max Unison investment: 17.5% / $500k

Unison risk multiple: 4x

Unison share in future price change: 40%

Max Unison share: 70% (4 x 17.5%)

How much equity can you access from your home?

Estimated Home Value

Your home's appraised value will be reduced by 5.0% to establish your home's Original Agreed Value. The Original Agreed Value is used to determine your home's change in value over time.

Equity you can access

This is an estimate of the amount of equity you can unlock — up to $500K or 15% of your home’s value. Unison's share adjusts in proportion to this amount. It does not factor in the 3.9% Transaction Fee or other closing costs which reduce your net investment.

Alternate Home Equity Products

How is a Unison Equity Sharing Agreement different from other methods of tapping into equity?

Method	Unison Equity Sharing Agreements	HELOC	Cash out refinance	Reverse mortgage
Interest	None	Yes - usually variable rates	Yes	Yes
Monthly Payments	None	Yes	Yes	None
Summary	Receive up to 17.5% of home equity in cash; when the house sells, pay back the original amount and a percentage of its change in value	Works like a credit card where the amount available is based on your equity	A new, higher mortgage loan replaces the old one, with potentially lower interest rates and extra cash in the form of a loan	Interest is added to the loan, and paid back as a lump sum when the house sells or the owner passes away
Other pertinent info	If the home depreciates in value, you pay less	You only pay interest on the amount that you use, not the amount available	New lien on your home applies to both the new mortgage and the loan	Homeowner must be over 62 years of age to qualify