Access your Homes Equity with no monthly payments. Borrowers with a credit score of 550 and higher and equity in their home, can now instantly see if they would qualify for a Home Equity Investment.
With the potential slide of home prices looming, now could be a great time to utilize the accrued equity in your home. This is the reason why GoodLoan.io has added the new Home Equity Investment (HEI) product to assist homeowners in unlocking the hidden value in their property. The HEI program allows for a shared investment in the home and gives the homeowner a Cash Out option without the burden of monthly payments.
The HEI program can be a good alternative to a traditional HELOC for many reasons, but the main one is that banks generally require excellent credit to offer a HELOC. By being able to offer a product to a wider base of homeowners, GoodLoan.io intends to help more people to take advantage of that hidden pile of cash.
Seeing if one qualifies is as easy as clicking this link GoodLoan.io Home Equity Quote and entering in the home address. The system will quickly review the address entered and give an estimate of what the Home Equity Investment would look like. Homeowners can quickly find out an approximate amount of Cash they could be using, it will be an amount between $20,000 and $500,000.
There are no parameters on what the cash out can be used for, and there are no monthly payments to make after the cash is received. This is truly a great product for some homeowners.
For more information visit http://GoodLoan.io and see how much you qualify for today.