We offer a smart alternative to a traditional loan or line of credit by letting you convert existing equity in your home to cash. Unlike a loan, there are no monthly payments, fees, or interest charges. We’re able to do this by extending a cash payment to you today (for up to 17.5% of its current market value) in exchange for an option to purchase a percent of equity in your home in the future. You make no payments to us until you sell your home, or 30 years pass. When you move, you send us a predetermined portion of your home’s appreciated value, plus the initial payment amount we gave you.