Is EquityChoice Right For Me?
Let’s explore the possibility of EquityChoice
EquityChoice could be a viable solution for you if you have:
- lived in your home for at least two years,
- good credit history, a FICO score of 680 or above,
- sufficient equity of at least 50% loan-to-value (LTV),
- an existing low-interest mortgage that you intend to keep in place,
- the desire to maintain your current cash flow without the pressure of additional monthly payments,
- access to reserves or investments that you want to preserve instead of liquidating.
Get Started Today
EquityChoice
How It Works
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*See terms and conditions that apply to any Shared Appreciation amounts you may owe on the Newfi EquityChoice Loan at Newfi.com/Equitychoice.
With EquityChoice, the fixed interest rate will accrue on a monthly basis and negatively amortize, which will result in an increase to your principal balance.
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