Why Choose The HESA
Whether you’re planning a major life milestone, a home renovation, or simply want to explore your options, the Home Equity Sharing Agreement offers key advantages over traditional lending options like home equity lines of credit and reverse mortgages.
Why Choose The HESA
Whether you’re planning a major life milestone, a home renovation, or simply want to explore your options, the Home Equity Sharing Agreement offers key advantages over traditional lending options like home equity lines of credit and reverse mortgages.
Unlike traditional loans, the HESA provides flexibility with no monthly payments throughout the term. This means you can access cash today without the stress of ongoing repayments – giving you the freedom to use your funds as you need.
The HESA is the ideal solution for homeowners looking for long-term financial flexibility. If you plan to sell your home in the near future,
it may not be the best fit. Explore your options and see how the HESA can help you unlock your home’s value – on your terms.
| HESA |
Home Equity Line of Credit |
Reverse Mortgage |
|
|---|---|---|---|
Up to 75% loan to value |
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No interest or monthly payments |
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No income requirements |
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No age requirements |
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500+ credit score |
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No need to pay off first mortgage |
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Existing equity protected |
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Flexible qualification criteria |
