Latest / Mortgage Research Network Podcast
Cash Now, Pay Later? The Real Math Behind Home Equity Agreements (HESAs)
No monthly payment, real cash in hand—what’s the catch? Tim Lucas and Craig Berry break down home equity agreements (HESAs), where you trade a slice of your home’s future value for money today. Using a $750k-home example that yields $75k now and about $180k back in 10 years (roughly ~9.1% APR with 3.5% annual appreciation), they unpack who these deals fit—and where they can bite.Why people use them: Self-employed, retirees, or credit-rebuilding owners who need cash without new monthly debt—especially with 8–9% HE loan rates.Pros: No monthly payments, flexible exit (sell, refinance, or buy out…
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