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Patch Homes

in Home Equity Lines of Credit

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Patch Homes

Claimed

in Home Equity Lines of Credit

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Not enough votes for recommendation

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Overview

Read this article for an in-depth review of Patch Homes.

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Contact

  • Headquarters
  •   730 Commercial Street
    San Francisco, CA 94108 USA
  •   Visit Site

Message from Patch Homes

Patch Homes is a payment free alternative to home equity loans and HELOCs. It offers a partnership based financing model that allows homeowners to access their untapped home equity wealth. Homeowners receive funds at 0% interest and with no monthly payments, in exchange for sharing the future upside/downside of the homes' value.

Other Services by Patch Homes

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 2 states
  • California
  • Washington

Feature Breakdown

No Prepayment Fee  
Initial Processing Fee $3
Origination Fee 3%
Minimum Age 18
Credit Score Range 600 - 850
850 300 600
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
  • Non-Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Maximum LTV 80%
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Funding Time Range (in days) 7 - 14
Customizable Payment Dates  
Draw Period (years) 10
Repayment Period (years) 10
Required Average Balance $0
Loan Amount $30K - $175K
APR (Variable APR) 0% - 20%
Introductory Rate 0%

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