A Better Way to Access Equity
Home Equity Agreements represent a fundamentally different approach to accessing your home's value. Here's how Mend compares to traditional financing options.
The Mend Difference
See how a Home Equity Agreement compares to traditional lending.
Payments Deferred to Settlement
Traditional Loans
HELOCs and home equity loans require monthly principal and interest payments that can strain your budget.
With Mend
With Mend, there are zero monthly payments. A Final Settlement Amount based on your home's value at that time is due at the end of the Investment Period or upon sale or refinance. In a high-appreciation scenario, this amount may substantially exceed the investment proceeds received. You settle when you sell, refinance, or choose to buy out.
A Settlement Multiplier, Not Interest
Traditional Loans
Traditional loans charge interest that compounds over time, often resulting in paying back much more than you borrowed.
With Mend
Our return is a Settlement Multiplier applied to your home’s value at settlement, not an interest charge. Unlike a loan, no interest accrues and there is no fixed repayment amount.
Flexible Qualification
Traditional Loans
Banks require high credit scores, extensive income documentation, and strict debt-to-income ratios.
With Mend
We focus on your home equity, not your credit score or income. Self-employed? Retired? No problem.
Shared Risk
Traditional Loans
With a loan, you owe the full amount regardless of what happens to your home's value.
With Mend
If your home value decreases, we share in that loss. Your settlement amount goes down, not up.
Our Values
What drives us every day in serving homeowners.
Transparency First
We believe you should understand exactly what you're agreeing to. No hidden fees, no confusing terms, no surprises.
Aligned Interests
Our success depends on your home's success. We're invested in your property's future, just like you are.
Respect for Homeowners
You've worked hard for your home. We treat your equity, and your trust, with the respect it deserves.
Honest Guidance
An HEA isn't right for everyone. We'll tell you honestly if another option might be better for your situation.
We're Honest About Fit
A Home Equity Agreement isn't the right choice for everyone. We believe in being upfront about when an HEA makes sense, and when it might not.
Good fit: You want to access equity with repayment deferred to settlement
Good fit: You plan to stay in your home for several years
Consider carefully: You expect rapid appreciation and can afford payments
Consider carefully: You only need funds for a very short time
Let's Talk About Your Situation
Not sure if an HEA is right for you? Our team can help you understand your options and make an informed decision, with no pressure.
Experience the Difference
See for yourself how much equity you could access, with repayment deferred until you sell, refinance, or reach the end of term. Get your free estimate today.
Get My Free Estimate