Unison HomeOwner

Unison HomeOwner

in Shared Equity Agreements from Unison


Unison HomeOwner


in Shared Equity Agreements from Unison

SuperMoney Net Recommendation Score -10


This product is mostly not recommended by SuperMoney users with a score of -10, equating to 2.8 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Mostly not recommended

4 users recommend
1 user is unsure
5 users don't recommend
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Community Rating Mostly not recommended
Shared Equity Use Case Equity Cash-Out
Investment Range $ Up to $500,000
Investment Range % 5% - 17.5%
Number of Reviews 10

Unison HomeOwner Review

Unison HomeOwner is offered by Unison, a financial services company founded in 2004 and based in San Francisco, CA. Unison HomeOwner is available in 31 states (and Washington, DC).

Key Takeaways
  • Jumbo investments available. Unison HomeOwner will invest up to $500,000 in a home, which is more than what most shared equity companies offer.
  • Long contract terms. Unison HomeOwner offers contract terms of up to 30 years, which provides homeowners with plenty of flexibility. Most home equity investors have a maximum term of 10 years.
  • Share of the home's future value. Unison HomeOwner gets paid a 20% to 70% share of the home's value when the contract ends.
  • Cash-out only. Existing homeowners can access up to 17.5% of their property's value without taking on debt. The cash provided by Unison HomeOwner cannot be used toward a down payment.
  • Available in most states. Unison HomeOwner is available in 31 states.
  • Good credit required. You will need a credit score of at least 680 to qualify for Unison HomeOwner.
Unison HomeOwner Pros & Cons
Pros Cons
  • Considers single-family homes, townhouses, and condominiums.
  • Pay back the loan out of the sale price if you sell your house within 30 years.
  • Considers homeowners with a debt-to-income ratio of up to 43%.
  • Longer repayment periods.
  • If you fail to do routine maintenance, Unison could adjust your home's value to what it should have been when calculating its share.
  • Unison does not invest in rental properties.
  • Unison sets a limit on the total amount of debt that can be secured by your house. This may impact how much you can borrow later with HELOCs and home equity loans.
Unison HomeOwner FAQ

How does the Unison HomeOwner 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.

As a home equity loan alternative, the Unison HomeOwner 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 Unison a monthly loan payment with interest. Instead, if your home goes up in value, Unison share in the gain; if it goes down, they share in the loss.

How much will Unison invest into a shared equity agreement?

The Unison HomeOwner program offers equity investments that range from 5% up to 17.5% of a property's market value. As you might expect, Unison has a cap on the amount of funding they will invest in a single home. For the Unison HomeOwner program, the most Unison can invest in a single home is $500,000.

Unison HomeOwner Terms & Requirements
Investment Term Amount
Equity Investment Range 5% - 17.5%
Maximum Debt-to-Income Ratio 43%

What are the costs associated with Unison HomeOwner?

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, Unison shares in the change in value of your property. If your property value goes up, Unison gets a share. If the value drops, Unison 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.

At the time your home is sold -- or when the term of the investment is up -- Unison will receive

The Unison HomeOwner program includes a closing fee equal to 3.9% of their investment.

Unison HomeOwner Fees
Closing Costs (%) 3.9%
Share of Home Value 20% - 70%

What are the terms for a shared equity investment via Unison?

You can use the funds provided by Unison HomeOwner for up to 30 years. After 30 years, you will need to either return the investment, sell, refinance, or try to partner with Unison for another term. Once the contract term ends you can return the remaining investment, sell, refinance, or partner with Unison for another term.

To buy Unison out, you would need to pay back their agreed-upon equity stake in your home, which is based on the total value of your home at the time of settlement.

How long does it take to close a deal with Unison?

Unison HomeOwner will typically fund a deal within 21 days.

What types of property does Unison consider?

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

  • Primary home
  • Secondary homes and vacation properties.
Unison HomeOwner Disclosure: Real Estate Equity Exchange, Inc., dba Unison Home Ownership Investors, offers Unison HomeOwner Agreements and Unison HomeBuyer Agreements through Unison Agreement Corporation (AZ DRE #CO670710000, CA BRE License #2012710, DC REC License #C098374562, GA REC License #76456, IL DFPR License #478026863, MA BR License #422177, MD REC License #6027, NJ REC License #1649879, NY DL License #10311206864, PA REC License #RBR002699, VA REB License #0226-025731, WA DL License #19288) and Unison Agreement AO Corporation (CT REB License #791352, OR REA License #201221258). Unison is an independent investor and is not affiliated with any bank or lender. No agency relationship shall be formed pursuant to or in connection with a Unison HomeOwner or Unison HomeBuyer transaction.
SuperMoney Disclosure: 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.


  • Headquarters
  •   650 California Street
    San Francisco, CA 94108
  •   Visit Site

About Unison HomeOwner

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Message From Unison

Unison is the market leader in home ownership investment. Founded in 2004, San Francisco-based Unison makes long-term investments in individual residential properties through two innovative programs: Unison HomeBuyer, which provides a portion of the down payment needed to purchase a home, and Unison HomeOwner, which allows current homeowners to tap into their home equity without interest or monthly payments.


  Available in 31 states and Washington, D.C.
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Massachusetts
  • Maryland
  • Michigan
  • Minnesota
  • Missouri
  • North Carolina
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Utah
  • Virginia
  • Washington
  • Wisconsin

Feature Breakdown

Share of Home Value 20% - 70%
Closing Costs (%) 3.9%
Credit Score Range 680 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use
  • Primary Home
  • Secondary Home
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Verification Documents Required
  • Proof of Income
  • Recent Bank Statements
Shared Equity Use Case Equity Cash-Out
Funding Time Range 15 - 21 days
Investment Range % 5% - 17.5%
Investment Range $ Up to $500,000

Unison HomeOwner Community Reviews


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This product is mostly not recommended by SuperMoney users with a score of -10, equating to 2.8 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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