Equity Now - The Non-Reverse Mortgage
Debt Free Cash Now and Money for Heirs Later*Welcome to Equity Now, a new kind of equity release that pays cash today for a share of a property's future appreciation. If you want to stay in your home, but you want to get to the equity inside, this may the right move for you. Equity Now partners with healthy homeowners and commercial property owners, age 65 to 85, offering a unique way to access cash without loans, monthly payments, or interest charges. Our clients keep their existing equity. And we take the risk, investing in the future value of residential and commercial real estate.
No matter if you have a home or commercial property, the money they receive can be put to use any way they wish. Some use it to meet short-term needs, such as paying off debts, remodeling their home, traveling the world, or funding a grandchild's education. For others, it's a useful tool for longer-term estate planning. Which we at Cash For Life Strategies can help with.
Our clients receive a lump-sum payment with NO CLOSING COSTS, just a $300 application fee, they share any future appreciation with Equity Now. You can still have a mortgage on your property of up to 80% LTV that doesn’t need to be paid off.
Equity Now typically pays 10% to 30% of the current value of the property today, and evenly divides the future appreciation with the client. Equity Now would receive 50-100% of any future appreciation. In both cases, homeowners keep their existing equity. Equity Now's only interest is the future growth in property value, if any. You are not required to live in the property, you can use rental properties too and raw land.
“We’re in very good financial shape, and we haven’t lost a thing. Our house is still worth what it was, and we still own it—and 100% of the equity too.”
- Robert, homeowner, client
“Tremendously freeing, it made me feel like I could relax, and think about the things I wanted to do for the rest of my life and not be concerned with ‘Can I afford them? Or I have to pinch my pennies.’…I do feel I am getting the better part of the partnership.”
- Mary, homeowner, client
* Not available in every state