Commonly asked questions
How do you determine how much equity I can unlock from my current home?
The cost for the program is simple:
- 1.7% of your current home’s sale price if you use our lending services.
- 2.4% if you choose a different lender, or if you buy your new home with cash
How do you determine how much equity I can unlock from my current home?
The amount of equity you can unlock is determined using our proprietary algorithm, which takes into consideration your agent’s estimation of the home’s value, current market conditions, projected market risk, borrower financials, outstanding loans, and more. You’ll be able to unlock a portion of the overall equity you have in your home upfront, prior to selling the home — and will receive the remainder of your equity after the home sells, less program fees and expenses.
What if my home is already listed?
There is no limit for how many cumulative days a property has been listed on the market at time of submission. However, the total number of listed days can affect your Equity Unlock Amount based on the risk profile of the property