Unison HomeOwner

Unison HomeOwner

in Shared Equity Agreements from Unison


Unison HomeOwner


in Shared Equity Agreements from Unison

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Community Rating Mostly recommended
Investment Range % 5% - 17.5%
Investment Range $ Up to $500,000
Share of Home Appreciation 20% - 70%
Share of Home Value N/A
Shared Equity Use Case Equity Cash-Out
Number of Reviews 9

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).

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 Equity Investment $500,000
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.

Under the Unison HomeOwner program, at the time your home is sold Unison will receive an amount that ranges from 20% up to 70% of any appreciation or depreciation in the home’s price.

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 Appreciation 20% - 70%
Share of Home Value N/A
Origination Fee (%) N/A

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 sell your home or buy them out.

To buy Unison out, you would need to pay back their original investment plus or minus their share of your home’s change in value.

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.
Pros & Cons of Unison HomeOwner
Pros Cons
  • Secondary homes are also eligible for funding.
  • No interest or monthly payments.
  • No impact on your credit report.
  • Maximum contract term of 30 years.
  • Considers single-family homes, townhouses, and condominiums.
  • Pay back the loan out of the sale price if you sell your house within 30 years.
  • Closing costs of up to 3.9%
  • 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 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...


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

    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.

    About Unison HomeOwner

    Icon for Shared Equity Agreements
    View all shared equity agreements offered by Unison


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

    Feature Breakdown

    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
    • 1099 Misc. Income
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    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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    Unison Shared Equity Agreements



    Investment Range %

    Investment Range $

    Share of Home Appreciation

    Share of Home Value

    Shared Equity Use Case

    Unison HomeBuyer

    Unison HomeBuyer

    Be the first to rate

    Investment Range % 5% - 15%     5% 20%
    Investment Range $ $15K - $450K     $15K $500K
    Share of Home Appreciation 16.5% - 57.8%     0% 70%
    Shared Equity Use Case
    • Mortgage Down Payment