Nexera Holding LLC dba Newfi was founded in 2014 and is based in Emeryville, CA.

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{{>oob_notice}}
{{>product_basic_intro}}
<h2 class="content-title">Key Takeaways</h2>
{{>takeaways_aggregate_shared_equity_agreements}}
<h2 class="content-title">{{business_name}} Pros & Cons</h2>
{{>proscons_aggregate_shared_equity}}

<h2 class="content-title">{{business_name}} FAQ</h2>
<h2>How does the {{business_name}} product work?</h2>
{{#if features.type_of_mortgage.feature_options.[Shared Appreciation Mortgage]}}
{{business_name}} is a shared appreciation mortgage, which is an equity investment alternative. It is a new type of residential mortgage that does not require monthly payments, ever. The {{business_name}} product allows you to tap into the equity in your home without the monthly payments that come from a traditional home equity loan or line of credit.
{{else}}
<p>A shared equity agreement (also called home equity contract) is essentially a way to sell a portion of the equity in your home to an investment company.</p>

{{#if features.shared_equity_use_case.feature_options.[Mortgage Down Payment]}}
  <p>The {{business_name}} product supports home purchase down payments. {{parent_business_name}} aims to help more people afford to buy a home. Rather than giving you a loan, they invest alongside you in your home by matching {{#if features.down_payment_match.feature_value2}}up to {{features.down_payment_match.feature_value2}}%{{else}}a percentage{{/if}} of your down payment. Through the {{business_name}} product, {{parent_business_name}} helps to finance your mortgage down payment in exchange for a share of the home’s future appreciation.</p>
{{/if}}

{{#if features.shared_equity_use_case.feature_options.[Equity Cash-Out]}}
  <p>The {{business_name}} product allows you to tap into the equity in your home without the monthly payments that come from a traditional home equity loan or line of credit. This product is designed for homeowners who need cash for reasons such as home improvement project or to eliminate debt.</p>
{{/if}}

<p>{{business_name}} will have a lien on the property (just like a mortgage does), but since it's not a loan you won't be paying {{business_name}} interest or a monthly payment. Instead {{business_name}} gets paid a share of your home's value when the contract ends, which typically occurs when you decide to sell your home or buy {{business_name}} out. For example, {{business_name}} might provide you with a cash investment today equal to 10% of your home's current value in exchange for 16% of your home's future value when you sell.</p>
{{/if}}
<h2>How much will {{parent_business_name}} invest into a shared equity agreement?</h2>
<p>The {{business_name}} program offers equity investments 
  {{#ifCond features.equity_investment_range.feature_value '!==' null}}
    {{#ifCond features.equity_investment_range.feature_value2 '!==' null}}
      {{#ifCond features.equity_investment_range.feature_value '==' features.equity_investment_range.feature_value2}}
        equal to {{features.equity_investment_range.feature_value}}% of a property's appraised value. 
      {{else}}
        that range from {{features.equity_investment_range.feature_value}}% up to {{features.equity_investment_range.feature_value2}}% of a property's appraised value. 
      {{/ifCond}}
    {{else}}
       starting at {{features.equity_investment_range.feature_value}}% of a property's appraised value. 
    {{/ifCond}}
  {{else}} 
    {{#ifCond features.equity_investment_range.feature_value2 '!==' null}}
      of up to {{features.equity_investment_range.feature_value2}}% of a property's appraised value. {{else}}
      that are a perentage of the property's value, but they do not disclose their equity investment percent range. {{/ifCond}}
  {{/ifCond}}
  As you might expect, {{parent_business_name}} has a cap on the amount of funding they will invest in a single home. {{#if features.equity_investment_range_dollar_value.feature_value2}}The most {{parent_business_name}} can {{#if features.type_of_mortgage.feature_options.[Shared Appreciation Mortgage]}}lend{{else}}invest{{/if}} in a single home is {{currency features.equity_investment_range_dollar_value.feature_value2}}. {{/if}}
</p>

{{#if features.max_ltv.feature_value}}
  <p>While {{business_name}} is not a loan product, the maximum "loan to value" percentage is {{features.max_ltv.feature_value}}%. That means the value of their investment in the property plus any existing mortgage balance cannot exceed {{features.max_ltv.feature_value}}% of its appraised value.</p>
{{/if}}

<table class="inline-features-table inline-features-pane">
<caption>{{business_name}} Terms & Requirements</caption>
<tbody>
  <tr class="row">
    <th class="feature-label" style="padding-left: 0;">Investment Term</th>
    <th class="feature-label" style="padding-left: 0;">Amount</th>
  </tr>
{{#if features.equity_investment_range.feature_value}}
<tr class="row">
       <td class="feature-label" style="font-weight:100; padding-left: 0;">Funding Range (%)</td>
{{#ifCond features.equity_investment_range.feature_value '!==' null}}
  {{#ifCond features.equity_investment_range.feature_value2 '!==' null}}
    {{#ifCond features.equity_investment_range.feature_value '==' features.equity_investment_range.feature_value2}}

      <td class="feature-value">{{features.equity_investment_range.feature_value}}%
    {{else}}
      {{#if features.equity_investment_range.feature_value}}<td class="feature-value">
      {{features.equity_investment_range.feature_value}}%
      {{/if}}
      {{#if features.equity_investment_range.feature_value2}}
        - {{features.equity_investment_range.feature_value2}}%
      {{/if}}{{/ifCond}}{{else}}
    <td class="feature-value">Starting at {{currency features.equity_investment_range.feature_value}}
   {{/ifCond}}
{{else}} 
  {{#ifCond features.equity_investment_range.feature_value2 '!==' null}}
    <td class="feature-value">up to {{features.equity_investment_range.feature_value2}}%.
    {{/ifCond}}
{{/ifCond}}
{{/if}}
   </tr>
{{#if features.equity_investment_range_dollar_value.feature_value}}
<tr class="row">
       <td class="feature-label" style="font-weight:100; padding-left: 0;">Funding Range ($)</td>
{{#ifCond features.equity_investment_range_dollar_value.feature_value '!==' null}}
  {{#ifCond features.equity_investment_range_dollar_value.feature_value2 '!==' null}}
    {{#ifCond features.equity_investment_range_dollar_value.feature_value '==' features.equity_investment_range_dollar_value.feature_value2}}

      <td class="feature-value">{{currency features.equity_investment_range_dollar_value.feature_value}}
    {{else}}
      {{#if features.equity_investment_range_dollar_value.feature_value}}<td class="feature-value">
      {{currency features.equity_investment_range_dollar_value.feature_value}}
      {{/if}}
      {{#if features.equity_investment_range_dollar_value.feature_value2}}
        - {{currency features.equity_investment_range_dollar_value.feature_value2}}
      {{/if}}{{/ifCond}}{{else}}
    <td class="feature-value">Starting at {{currency features.equity_investment_range_dollar_value.feature_value}}
   {{/ifCond}}
{{else}} 
  {{#ifCond features.equity_investment_range_dollar_value.feature_value2 '!==' null}}
    <td class="feature-value">up to {{currency features.equity_investment_range_dollar_value.feature_value2}}.
    {{/ifCond}}
{{/ifCond}}
{{/if}}
   </tr

{{#if features.down_payment_match.feature_value2}}
<tr class="row">
      <td class="feature-label" style="font-weight:100; padding-left: 0;">Maximum Down Payment Match Percentage</td>
      <td class="feature-value">{{features.down_payment_match.feature_value2}}%
{{/if}}
    </tr>
{{#if features.max__debt_to_income_ratio.feature_value}}
<tr class="row">
      <td class="feature-label" style="font-weight:100; padding-left: 0;">Maximum Debt-to-Income Ratio</td>
      <td class="feature-value">{{features.max__debt_to_income_ratio.feature_value}}%
{{/if}}
   </tr>
{{#if features.max_ltv.feature_value}}
<tr class="row">
      <td class="feature-label" style="font-weight:100; padding-left: 0;">Maximum Loan to Value Ratio</td>
      <td class="feature-value">{{features.max_ltv.feature_value}}%
{{/if}}
   </tr>
</tbody>
</table>

<h2>What are the costs associated with {{business_name}}?</h2>
{{#if features.type_of_mortgage.feature_options.[Shared Appreciation Mortgage]}}
As with most mortgages, you can expect to pay an origination fee and customary
closing costs associated with a mortgage transaction. Additional out-of-pocket costs include fees for property appraisal and an inspection, which are third-party fees and not lender costs.
{{else}}
<p>Unlike loans, the cost associated with an {{parent_business_name}} investment is not based on an interest rate. There are no monthly payments or accrued interest. Instead, {{parent_business_name}} shares in the future value of your property and typically only receives a return on its investment when you sell your home or decide to buy {{parent_business_name}} out. The percentage of your home’s value that {{parent_business_name}} shares when the contract ends is larger than the percentage of {{parent_business_name}}'s investment in your home.  Therefore, {{parent_business_name}} will make a profit if your home’s value does not change.  If your home’s value increases, {{parent_business_name}} will make a larger profit. If the value drops, {{parent_business_name}} will make a smaller profit, or might incur a loss.</p>

<p> 
  {{#ifCond features.closing_costs.feature_value '!==' null}}
    {{#ifCond features.closing_costs.feature_value2 '!==' null}}
      {{#ifCond features.closing_costs.feature_value '==' features.closing_costs.feature_value2}}
        {{#ifCond features.closing_costs.feature_value '==' '0'}}
           The {{business_name}} program does not include a closing fee. 
        {{else}}
          The {{business_name}} program includes a closing fee equal to {{features.closing_costs.feature_value}}% of their investment. 
        {{/ifCond}}
      {{/ifCond}}
    {{else}}
       The {{business_name}} program includes a closing fee starting at {{features.closing_costs.feature_value}}% of their investment. 
    {{/ifCond}}
  {{else}} 
    {{#ifCond features.closing_costs.feature_value2 '!==' null}}
      The {{business_name}} program includes a closing fee up to {{features.closing_costs.feature_value2}}% of their investment. 
    {{/ifCond}}
  {{/ifCond}}
  
  {{#ifCond features.origination_fee_pct.feature_value '!==' null}}
    {{#ifCond features.origination_fee_pct.feature_value2 '!==' null}}
      {{#ifCond features.origination_fee_pct.feature_value '==' features.origination_fee_pct.feature_value2}}
        {{#ifCond features.origination_fee_pct.feature_value '==' '0'}}
           The {{business_name}} program does not include an origination fee. 
        {{/ifCond}}
    {{else}}
       The {{business_name}} program includes an origination fee starting at {{features.origination_fee_pct.feature_value}}% of their investment. 
    {{/ifCond}}
  {{else}} 
    {{#ifCond features.origination_fee_pct.feature_value2 '!==' null}}
      The {{business_name}} program includes an origination fee up to {{features.origination_fee_pct.feature_value2}}% of their investment. 
    {{/ifCond}}
  {{/ifCond}}
 {{/ifCond}}
</p>
{{/if}}
{{>category_table feature_category="fees"}}

{{#if features.contract_term.feature_value}}
  <h2>What are the terms for a shared equity investment via {{parent_business_name}}?</h2>
  {{#if features.type_of_mortgage.feature_options.[Shared Appreciation Mortgage]}}
  {{#if features.application_process.feature_value}}<p>{{{features.application_process.feature_value}}}</p>
{{/if}}
{{#if features.contract_term.feature_value2}}
The loan term is for a contract term of {{features.contract_term.feature_value}} years. {{business_name}} is a subordinate lien where you don’t owe any payments until the end of the loan term. At that time, you’ll make a single “balloon” payment which includes the initial amount borrowed, interest that compounds monthly at a “below market” fixed rate, and a share of your home’s future appreciation, depending on how much was originally borrowed and how much your home appreciates.
{{else}}
  <p>You can use the funds provided by {{business_name}} for up to {{features.contract_term.feature_value2}} years. After {{features.contract_term.feature_value2}} years, you will need to settle up with {{parent_business_name}}, either by selling the home or buying {{parent_business_name}} out. You can finance a buyout with your cash, refinancing your mortgage, or by partnering with {{parent_business_name}} for another term.</p>
  
  {{#if features.share_of_home_value.feature_value}}<p>The amount payable to {{parent_business_name}} when you settle up equals their agreed-upon percentage share of your home's value at the time of settlement.</p>{{else}}<p>To buy {{parent_business_name}} out, you would need to pay back their original investment plus or minus their share of your home’s change in value.</p>{{/if}}
{{/if}}
{{/if}}
{{/if}}

<h2>How long does it take to close a deal with {{parent_business_name}}?</h2>
  {{#if features.funding_time_range.feature_value}}
    {{#if features.funding_time_range.feature_value2}}
      <p>{{business_name}} will typically fund a deal within {{features.funding_time_range.feature_value2}} days.
    {{else}}
    {{business_name}} can fund a deal in as little as {{features.funding_time_range.feature_value}} days.
    {{/if}}
  {{else}}
    {{#ifCond features.funding_time_range.feature_value '===' null}}
      <p>{{business_name}} does not disclose how long it typically takes to approve and fund a shared equity agreement.</p>
    {{/ifCond}}
  {{/if}}
  
  
{{#if features.intended_use.feature_value}}
  <h2>What types of property does {{parent_business_name}} consider?</h2>
{{#if features.type_of_mortgage.feature_options.[Shared Appreciation Mortgage]}}{{business_name}} is primarily for homeowners with the following property types:
{{else}}
  <p>Shared equity investors often have restrictions on the type of properties they will invest in. {{business_name}} will consider shared equity agreements secured by the following property types:</p>
{{/if}}
  <ul>
    {{#if features.intended_use.feature_options.[Primary Home]}}<li>Primary home</li>{{/if}}
    {{#if features.intended_use.feature_options.[Secondary Home]}}<li>Secondary homes and vacation properties.</li>{{/if}}
    {{#if features.intended_use.feature_options.[Investment]}}<li>Investment properties.</li>{{/if}}
  </ul>
{{/if}}
{{>legit_company_question}}

Compare the best home equity investment companies, also known as home equity agreements, and find the best option for you.

Access Your Home’s Equity— No Monthly Payments. Get a cash lump sum today in exchange for a share of your home’s future value. With no monthly payments and easier qualification, a home equity investment (HEA) can be a smart solution. Apply with multiple companies for free to find the best deal, without affecting your credit score.

Access Your Home’s Equity—No monthly payments. Get a cash lump sum today in exchange for a share of your home’s future value. 

You specified that you are a homeowner {{#ifCond estimated_credit_score_unsure '==' true}} {{else}} with {{>credit_score_text}} credit score{{/ifCond}}. Shared equity agreements allow you to tap into your home's equity without getting into debt. This option can be an alternative to taking out a loan since shared equity agreements have no interest rates or monthly payments to worry about.

Home Equity Loans offer low interest rates to homeowners.

Home Equity Lending can be a good way to convert the equity in your home into cash. These lending products, which include home equity lines of credit (HELOCs) and Home Equity Loans, offer competitive rates, but they are secured by the equity in your home. Based on your rate quote request, these options are a match.

Find the best Home Equity Line of Credit

Find the best home loan rates, compare plans & home loan companies with real user ratings and reviews at SuperMoney.

Best Home Mortgage Loans Reviews & Comparison

Don't settle for high interest rates. A mortgage refinance could save you thousands of dollars.

Mortgage refinance involves getting a new mortgage to pay off your old mortgage. Refinancing your mortgage may help you save money by getting a better rate and term on the new loan.

Switch your mortgage for a home loan with better rates and terms.

You specified that you currently own a home with {{#ifCond mortgage_debt_amount '!==' null}} about {{currency mortgage_debt_amount}} in outstanding {{else}} {{/ifCond}} mortgage. Refinancing your mortgage may help you get better rates and save money in the long run.

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