HEI: A Smarter Alternative to Mortgage Refinance?
Thinking about a cash-out refi? There may be a smarter way. A Home Equity Investment agreement (HEI) gives you access to your home’s value — with no new loan, no monthly payments, and fewer hoops to jump through. See what you qualify for in minutes.
Home Equity Investment vs Mortgage Refinance
| Feature | Home Equity Investment | Mortgage Refinance |
|---|---|---|
No Monthly Payments | ||
No Need to Refinance | ||
Flexible Credit Requirement (500+) | ||
No Debt-to-Income Requirement | ||
No Impact on Current Mortgage | No change to existing mortgage | Replaces current mortgage (rate might go up) |
A home equity investment (HEI) agreement is not regulated as a loan in all states. Because a lien will be placed on your home, you could be required to sell your home to satisfy repayment obligations. Always review the full terms and consult a financial advisor.