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Updated over 1 year ago on .

User Stats

92
Posts
81
Votes
Christopher Jason Lloyd
  • Real Estate Broker
  • Newport News, VA
81
Votes |
92
Posts

HEA - Home Equity Agreement??

Christopher Jason Lloyd
  • Real Estate Broker
  • Newport News, VA
Posted

Came across an ad for Home Equity Agreements the other day... I haven't heard much talk of these. Just curious, has anyone here ever used one if they couldn't qualify for a HELOC or want to refinance? What was your experience?

Just briefly looking into it, it seems like it would really only make sense if you had equity but couldn't/didn't want to get a HELOC or Refi depending on the situation but maybe someone here has more insight?? Looking forward to your responses!

  • Christopher Jason Lloyd
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Chris Lloyd Real Estate Team
4.9 stars
26 Reviews