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Last Updated: 05/01/2025

HomePace Home Equity Investments

from HomePace Inc

Last Updated: 05/01/2025
HomePace Inc logo
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Highlights

Credit Score Range

630 - 850

Funding Range $

Up to $250,000

Funding Range %

N/A

Contract Term

Up to 15
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HomePace Home Equity Investments Review

HomePace Home Equity Investments is offered by HomePace Inc , a financial services company founded in 2020 and based in Park City, UT. homepace are available in 50 states and Washington, DC.

Key Takeaways

  • Fair credit accepted. If you have a credit score of 630 or higher, you may qualify for a home equity agreement with HomePace Home Equity Investments.
  • Maximum investment of $250,000. Your actual offer will depend on your home's value and how much equity you have in the property.
  • Long contract terms. HomePace Home Equity Investments offers contract terms of up to 15 years, which provides homeowners with plenty of flexibility.
  • Available in most states. HomePace Home Equity Investments is available in more than 29 states.

HomePace Home Equity Investments Pros & Cons

HomePace Home Equity Investments FAQ

How does the HomePace Home Equity Investments product work?

A shared equity agreement (also called a shared appreciation agreement or home equity contract) is a way to sell a portion of the equity in your home to an investment company.
The transaction is secured by a lien on your property, but instead of paying interest or monthly payments, the investor receives a share of your home's value when the agreement ends.

How much will HomePace Inc invest?

HomePace Inc offers equity investments but does not disclose its equity investment range. The maximum investment in a single home is $250,000.

What are the costs associated with HomePace Home Equity Investments?

Shared equity investments do not charge an interest rate or require monthly payments. Instead, the investor earns a return based on the future value of your home. However, most investors will charge an appraisal fee and other third-party closing costs.

What are the terms for a shared equity agreement?

You can use the funds for up to 15 years.
When the term ends, you must settle the agreement by returning the investment, selling the home, refinancing, or partnering with the investor for another term.
Settlement is based on the original investment plus or minus the investor's share of the home's change in value.

How long does it take to close?

HomePace Home Equity Investments does not disclose typical funding timelines.

What types of property are eligible?

Intended Use

  • Investment property

Is homepace a legit company?

homepace was founded in 2020. It is an established company that has been in business for 6 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

1389 Center Dr
Suite 200
Park City, UT 84098
(919) 737-7637
Visit Site
Email Support

Hours of Operation

SundayClosedMonday8:00AM - 5:00PMTuesday8:00AM - 5:00PMWednesday8:00AM - 5:00PMThursday8:00AM - 5:00PMFriday8:00AM - 5:00PMSaturdayClosed

Other Services by HomePace Inc

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

HomePace Home Equity Investments Community Reviews

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