HEI: The No Income Verification Alternative to Home Equity Loans
Can’t qualify for a home equity loan because of income documentation? Home equity investment is a flexible alternative that doesn’t require a loan, monthly payments, or proof of income.
Home Equity Investment vs Home Equity Loan
| Feature | Home Equity Investment | Home Equity Loan |
|---|---|---|
No Income Requirement Disclaimer popup with additional information | ||
No Monthly Payments Disclaimer popup with additional information | ||
Flexible Credit Requirement (500+) Disclaimer popup with additional information | Usually Required Good Credit to Qualify (700+) | |
No Payments For Up to 10 Years Disclaimer popup with additional information | Repaid at home sale or end of term | Fixed monthly payments for 5–30 years |
No Debt-to-Income Requirement Disclaimer popup with additional information | ||
Withdrawal Flexibility Disclaimer popup with additional information | Lump sum | Lump sum |
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.