Unison vs EquityChoice: Which Home Equity Investment Works Best?
Last updated 09/18/2025 by
Ante Mazalin
Edited by
Andrew Latham
Summary:
Need cash but don’t want another loan? Home equity agreements could be the answer. Unison and EquityChoice are two providers that offer homeowners upfront funding in exchange for a share of future appreciation. Each takes a different approach — so which one fits your needs?
We break down the key differences between Unison and EquityChoice so you can decide which home equity agreement is best for your situation.
Quick Comparison: Unison vs EquityChoice
| Feature | Unison | EquityChoice |
|---|---|---|
| Maximum Funding | $30,000 - $500,000 | $85,000 - $500,000 |
| Maximum Funding (%) | Up to 15% | 3% - 16% |
| Share of Home Appreciation | 20% - 60% | Up to 50% |
| Term Length | 30 years | 10 years |
| Origination Fees | N/A | 3% |
| Closing Costs (%) | 3.9% | |
| Monthly Payments | None | None |
| Maximum LTV | 70% | |
| Credit Requirements | 620 | 680 |
| Use Case | <ul><li>Mortgage Down Payment</li><li>Equity Cash-Out</li></ul> | Equity Cash-Out |
| States Available | Available in 28 states | Available in 20 states |
| SuperMoney Rating | mostly recommended | rating not yet determined |
Unison Overview
Unison is one of the pioneers of the home equity investment model, with over a decade of experience and billions of dollars invested. Backed by institutional partners, Unison appeals to homeowners looking for an established provider with a broad reach.
How it works
Unison provides upfront funding of $30,000 - $500,000 in exchange for a share of your home’s appreciation. Repayment is due when you sell your home or after 30 years.
EquityChoice Overview
EquityChoice focuses on clear terms and predictable repayment outcomes, making it appealing to homeowners who value transparency.
How it works
EquityChoice provides a lump sum of $85,000 - $500,000 in exchange for a share of your home’s future appreciation. You repay the agreement at sale or after 10 years.
Unison vs EquityChoice: Eligibility Requirements
Here’s how these two providers compare:
| Requirement | Unison | EquityChoice |
|---|---|---|
| Credit Score | 620 | 680 |
| Maximum LTV | 70% | |
| Property Type | Primary and vacation properties | Primary residences |
| Location | Available in 28 states | Available in 20 states |
Fees and Terms
| Criteria | Unison | EquityChoice |
|---|---|---|
| Investment Range | $30,000 - $500,000 | $85,000 - $500,000 |
| Term Length | 30 years | 10 years |
| Repayment | At sale or term end | At sale or term end |
| Origination Fees | N/A | 3% |
| Closing Costs (%) | 3.9% | |
| Monthly Payments | None | None |
Which One Is Right for You?
Unison is best for:
- Borrowers looking for a well-established HEA provider
- Homeowners seeking larger funding backed by institutional capital
- Those preferring agreements up to 30 years
EquityChoice is best for:
- Homeowners who value predictable repayment terms
- Those meeting eligibility criteria of credit score 680and intended use for primary residences
- Borrowers looking for $85,000 - $500,000 without monthly payments
What Users Are Saying
Unison has a mostly recommended SuperMoney rating, with users appreciating its experience and professionalism.
EquityChoice has a rating not yet determined rating, with customers highlighting its predictable cost structure.
EquityChoice has a rating not yet determined rating, with customers highlighting its predictable cost structure.
Next Steps
If you’re ready to explore further:
See Unison’s full review and apply here
See Unison’s full review and apply here
Compare More Providers
Looking for other options? Explore these guides:
- Unison vs Point – Compare funding and repayment structures.
- Unison vs Hometap – Fees and availability side by side.
- Splitero vs Unison – See eligibility and terms compared.
- Unlock vs Unison – Repayment structures explained.
- Point vs EquityChoice – Predictability vs flexibility.
Not sure if either option is right for you?
Key Takeaways
- Both Unison and EquityChoice offer upfront cash with no monthly payments.
- Unison: one of the most established HEA providers with broad reach.
- EquityChoice: emphasizes predictable costs and repayment clarity.
- Confirm eligibility, fees, and state availability before choosing a provider.
FAQ
How do Unison and EquityChoice differ in repayment terms?
Both require repayment when you sell your home or after the contract term. Unison’s term is 30 years, while EquityChoice’s is 10 years.
What credit score do I need?
Unison typically requires 620, while EquityChoice’s minimum is 680.
Do either allow secondary properties?
Both Unison and EquityChoice primarily work with owner-occupied residences.
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