A home equity agreement (HEA) is a financial contract where a homeowner receives upfront cash in exchange for a share of their home's future value. Unlike a loan, there are no monthly payments—the investor is repaid when the home is sold, refinanced, or after a set term.
It's a way for homeowners to unlock funds based on their home's equity while retaining ownership. These agreements are gaining traction as a flexible alternative to traditional financing or selling a property outright. To learn more, click here.