Frequently Asked Questions

what is, how it works, equity sharing, overview, home equity, no payments

basics

how much, funding, available, invest, investment, money, amount, maximum, minimum, home equity, access, unlock

basics

term length, how long, duration, 30 years, when does it end, expiration

basics

who owns, ownership, title, co-owner, does Unison own my house, deed

basics

what percentage, how much does Unison get, equity split, Unison share, appreciation split

basics

lien, title, second lien, property record, how Unison secures investment

basics

mortgage payments, paying down principal, equity buildup, monthly payments, do I keep equity

basics

risk adjustment, starting value, 5%, home value discount, original value, how calculated

basics

states, my state, where available, locations, eligible states

eligibility

owner occupancy, must I live there, primary residence, travel, vacation home

eligibility

property types, condo, single family, townhouse, second home, eligible

eligibility

renting, can I rent, landlord, tenants, rental income, Airbnb, investment property

eligibility

requirements, what do I need, eligibility, credit, income, qualification

eligibility

appraisal, home valuation, appraisal process, home worth, how is value determined

application

qualify, eligibility, credit score, LTV, DTI, how to qualify, apply

application

costs, fees, how much does it cost, upfront costs, closing costs, transaction fee

application

privacy, data security, personal information, protect my data, confidential

application

credit check, will this hurt my credit, hard pull, soft pull, credit score impact

application

property assessment, how does Unison value my home, inspection, appraisal

application

renovations, remodel, upgrades, home improvements, added value

scenarios

maintenance, neglect, upkeep, repairs, not maintaining, behind on maintenance

scenarios

foreclosure, losing home, bank foreclosure, lender, help, hardship

scenarios

default, missed payments, behind on mortgage, financial hardship, late payments

scenarios

taxes, tax implications, taxable income, tax deduction, IRS

scenarios

refinancing, can I refinance, new mortgage, Fannie Mae, Freddie Mac, restrictions

scenarios

death, what happens if I die, heirs, estate, inheritance, pass away

scenarios

not right for me, disqualify, reverse mortgage, short-term, moving soon, when to avoid

scenarios

how is payment calculated, how much do I owe, settlement, sale calculation, payoff amount

settlement

buy out Unison, early payoff, exit agreement, pay off, refinance out, end early

settlement

restriction period, early sale, sell early, limitations, five years, early exit

settlement

selling, sell my home, selling process, how to sell, notify, settlement

settlement

forced sale, can Unison make me sell, who decides, term end, sole owner

settlement

home value drops, depreciation, declining market, lose value, owe less

settlement

selling costs, closing costs, agent fees, commission, who pays fees

settlement

deferred maintenance, maintenance adjustment, property upkeep, neglect, repairs required

settlement

appreciation limit, cap, maximum payout, restriction period, early exit cost

settlement

about, company background, who is Unison, history, founded

about-unison

how does Unison make money, profit, business model, no debt, equity sharing

about-unison

trust, is Unison legit, reviews, BBB, Better Business Bureau, reputation

about-unison

investors, where does money come from, funding, institutional investors

about-unison