With record home prices, homeowners have amassed over $28 Trillion in housing wealth. Yet, many homeowners are reluctant to tap into their home equity with traditional home equity loans or cash-out refinancing options because of the current high-interest rate environment. Instead, some homeowners are turning to home equity investment programs that don’t require monthly payments in exchange for a share in their home’s equity. While these programs may seem affordable on the surface, they are generally unregulated products that may present significant risks and costs to homeowners over the long term.

EquityChoice gives our borrowers the choice of receiving cash from their home equity at a below market fixed interest rate, while sharing in a portion of the home’s future appreciation, without having to liquidate portfolio investments, dip into savings, or experience the pressure of added monthly payments. We share in a portion of the future appreciation of your home, not the equity you’ve already built.

We believe homeowners deserve a smarter, safer way to access their home equity wealth. That’s why we introduced EquityChoice, a new type of residential mortgage that does not require monthly payments, ever. Homeowners can preserve their cash flow with the freedom to do more with their capital over the long term. And, because it’s a mortgage, EquityChoice is regulated with more consumer safeguards and potentially lower costs than home equity sharing alternatives.