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Haus

in Shared Equity Agreements from Haus Services Inc.

Unaffiliated

Haus

Unaffiliated

in Shared Equity Agreements from Haus Services Inc.

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Highlights
Highlights
Investment Range $ N/A
Shared Equity Use Case
  • Equity Cash-Out
  • Mortgage Down Payment
Investment Range % N/A
Share of Home Appreciation N/A
Share of Home Value N/A

Haus Review

Haus is offered by Haus Services Inc., a financial services company founded in 2015 and based in San Francisco, CA. Haus is available in 3 states across the USA.

How does the Haus product work?

A shared equity agreement (also called a shared appreciation agreement or shared equity contract) is essentially a way to sell a small fraction of the equity in your home to an investment company.

The Haus product supports home purchase down payments. Haus Services Inc. 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 a percentage of your down payment. Through the Haus product, Haus Services Inc. helps to finance your mortgage down payment in exchange for a share of the home’s future appreciation.

As a home equity loan alternative, the Haus 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 primarily targets the home-equity-rich who are in need of cash for reasons such as a home improvement project or to eliminate debt.

The transaction is secured like a loan but you won't be paying Haus Services Inc. a monthly loan payment with interest. Instead, if your home goes up in value, Haus Services Inc. share in the gain; if it goes down, they share in the loss.

How much will Haus Services Inc. invest into a shared equity agreement?

The Haus program offers equity investments that are a perentage of the property's value, but they do not disclose their equity investment percent range. As you might expect, Haus Services Inc. has a cap on the amount of funding they will invest in a single home.

Haus Terms & Requirements
Investment Term Amount

What are the costs associated with Haus?

Unlike loans, the costs associated with shared equity investments are not based on an interest rate. There are no monthly payments or accrued interest. Instead, Haus Services Inc. shares in the change in value of your property. If your property value goes up, Haus Services Inc. gets a share. If the value drops, Haus Services Inc. shares in the losses. They only get their money back when you sell your home – and they typically only make a profit if you also make a profit.

Haus Fees
Description
Closing Costs N/A
Share of Home Appreciation N/A
Share of Home Value N/A
Origination Fee (%) N/A

How long does it take to close a deal with Haus Services Inc.?

Haus does not disclose how long it typically takes to approve and fund a shared equity agreement.

What types of property does Haus Services Inc. consider?

Shared equity investors often have restrictions on the type of properties they will invest in. Haus will consider shared equity agreements secured by the following property types:

  • Primary home
  • Secondary homes and vacation properties.
  • Investment properties.
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Contact

  • Headquarters
  •   660 4th Street Suite 418
    San Francisco, CA 94107
  •   Visit Site

About Haus

Availability

  Available in 3 states
  • California
  • Oregon
  • Washington

Feature Breakdown

Intended Use
  • Investment
  • Primary Home
  • Secondary Home
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Minimum Age 18
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
  • Tax Returns
Shared Equity Use Case
  • Equity Cash-Out
  • Mortgage Down Payment

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