Key Takeaways
- Point, Nada, Hometap and Splitero list up to $600,000; Unison and Unlock list up to $500,000. Point is the editorial Best Overall pick, separate from that dollar ranking.
- Nada, Hometap, Splitero and Unison also limit initial cash to 30%, 27%, 25% and 15% of home value. On a $500,000 home, that’s at most $150,000, $135,000, $125,000 and $75,000.
- Hometap generally looks for at least 25% equity and Unlock at least 30% to qualify. Point usually requires 29% or more to remain after its investment.
Check your home equity loan options. Start here
A home equity investment (HEI) gives you cash from your home equity with no stated interest rate or required monthly payment. It’s not cost-free: at settlement you pay the company an amount based on your home’s value or change in value, plus fees. The agreement is secured by your home, so you must keep paying your mortgage, property taxes and insurance. If you cannot settle when required or breach the agreement, you could be forced to sell or face foreclosure.
The six companies below publish maximums of $500,000 to $600,000 as of October 21, 2026. Your own offer also depends on your equity, credit score, home value and state, and percentage limits are ceilings, not a promise of a larger offer.
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6 HEI companies ranked by maximum investment limits
As of October 21, 2026, Point, Nada, Hometap and Splitero list the highest dollar maximums, up to $600,000 each, followed by Unison and Unlock at up to $500,000. Point is listed first as the separate editorial Best Overall pick, not because of the dollar-maximum comparison. These companies offer shared-appreciation contracts: you receive cash now and later pay the company an amount based on your home’s value or change in value. Settlement is generally due when you sell, buy out the agreement or reach its end date. Refinancing and other events may require settlement, depending on the contract and the new lender. HEIs have no stated interest rate or required monthly payment, but they are not cost-free.
Figures below come from each company’s own website. Credit scores shown are each company’s published minimum. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply.
The Mortgage Reports 2026 HEI Companies With the Highest Limits
The editorial Best Overall pick, followed by companies ranked by published dollar maximum.
Provider terms verified as of October 21, 2026.
- Best Overall (editorial pick) P
Point
Most states and a 30-year term
Max Investment
$600,000Max Initial Cash (% of Home Value)
VariesMin Credit Score
500Why it’s #1: Point is the separate editorial Best Overall pick; that placement does not come from the dollar-maximum comparison. It ties for the highest published maximum, has the highest rating from The Mortgage Reports on this list, is available in select regions of 31 states and D.C. (the most on this list) and offers a 30-year term, tied for the longest. Its maximum initial cash as a percentage of home value varies with pricing and underwriting, and usually 29% or more equity must remain after Point’s investment. Fees: up to 3.9% processing ($2,000 minimum), plus third-party closing costs.
- N
Nada
Highest published cash percentage
Max Investment
$600,000Max Initial Cash (% of Home Value)
30%Min Credit Score
500 (620 for investment properties)Why it’s here: Nada ties for the highest published dollar maximum and publishes the highest maximum initial cash percentage on this list. Primary and second homes range from $20,000 to $600,000; investment properties are capped at $100,000 and 50% CLTV and need a 620 credit score with no late payments in the last 24 months. 10-year term, 4.9% in total upfront fees and 15 states (Texas: investment homes only).
- H
Hometap
Many property types
Max Investment
$600,000Max Initial Cash (% of Home Value)
27%Min Credit Score
575Why it’s here: Hometap ties for the highest published dollar maximum and lists single-family homes, condos, vacation and rental properties, multi-family homes (1-4 units) and manufactured homes as eligible. It generally looks for at least 25% equity to qualify. $15,000 (varies by state) to $600,000, 10-year term, 4.5% fee up to $20,000 and 26 states.
- S
Splitero
Term matched to your mortgage
Max Investment
$600,000Max Initial Cash (% of Home Value)
25%Min Credit Score
500Why it’s here: Splitero ties for the highest published dollar maximum and has the second-highest rating from The Mortgage Reports on this list. Its term matches your senior mortgage, from 10 to 30 years. $50,000 ($75,000 in Wyoming) to $600,000, 4.99% origination fee ($1,500 minimum) and 17 states.
- U
Unison
30-year term
Max Investment
$500,000Max Initial Cash (% of Home Value)
15%Min Credit Score
620Why it’s here: Unison ranks ahead of Unlock on The Mortgage Reports Rating, the stated tiebreaker when one company does not publish a maximum initial cash percentage. Unison’s downside sharing is conditional: it does not apply during the agreement’s initial restriction period or when you buy out the agreement. Confirm the applicable restriction period and settlement terms in your contract. $30,000 to $500,000, 3.9% transaction fee and 22 states and D.C.
- U
Unlock
Partial buyouts
Max Investment
$500,000Max Initial Cash (% of Home Value)
VariesMin Credit Score
500 (550 for some properties)Why it’s here: Unlock offers an approved Partial Buyout, which reduces Unlock’s percentage without ending the agreement. Its maximum initial cash as a percentage of home value varies with pricing and underwriting, and it requires at least 30% equity to qualify. The 500 minimum applies to single-family homes and townhomes used as primary residences; condos, 2-4 unit properties, second homes and investment properties need 550. $15,000 to $500,000, 10-year term, origination fee typically 4.9% (subject to state limitations) and 26 states.
Companies that didn’t make this list
These companies are not included in this comparison for the reasons below; some have stopped accepting new customers, while others offer different products or serve a different market. Aspire says its HEIs are no longer offered to new customers. Home Equity Partner offers a sale-leaseback, in which the company may buy your home and lease it back to you. Bonus Homes offers a Home Appreciation Partnership for homeowners who are moving out. Fraction offers mortgage products only through licensed Canadian brokers, and Landed works only with education and healthcare employers through employee housing programs. EasyKnock has closed. Noah’s website domain is parked and listed for sale, and we could not find a current HEI offering. We could not confirm that EquityChoice is currently available from Newfi’s public product listings, so it is excluded pending confirmation. Balance Homes and Haus offer co-ownership arrangements that require monthly payments, so they are not HEIs.
What experts are saying
Michael Gifford, CEO of Splitero
“Home equity investments tend to work best for homeowners who plan to stay in their home longer.”
Splitero is one of the companies ranked on this page.
A longer holding period does not guarantee a lower total HEI cost. The amount due at settlement depends on your home’s value at that time and the contract’s terms, so staying longer can mean paying more if your home appreciates.
How the best HEI companies compare on investment limits
| Provider | The Mortgage Reports Rating | Investment range | Maximum initial cash as a percentage of home value | Term | Minimum credit score | Upfront fee | Availability |
|---|---|---|---|---|---|---|---|
| Point | 4.7 | Up to $600,000 | Varies with pricing and underwriting; no single cash-to-home-value percentage verified. | 30 years | 500 | Up to 3.9% ($2,000 minimum) | Select regions of 31 states and D.C. |
| Nada | 4.3 | $20,000 to $600,000 | 30% | 10 years | 500 (620 for investment properties, no late payments in 24 months) | 4.9% total (per pricing page) | 15 states (Texas: investment homes only) |
| Hometap | 4.1 | $15,000 to $600,000 | 27% | 10 years | 575 | 4.5% (up to $20,000) | 26 states |
| Splitero | 4.5 | $50,000 to $600,000 | 25% | Matches senior mortgage, 10 to 30 years | 500 | 4.99% ($1,500 minimum) | 17 states |
| Unison | 4.2 | $30,000 to $500,000 | 15% | 30 years | 620 | 3.9% | 22 states and D.C. |
| Unlock | 4.1 | $15,000 to $500,000 | Varies with pricing and underwriting; no single cash-to-home-value percentage verified. | 10 years | 500 (550 for condos, 2-4 units, second homes and investment properties) | Typically 4.9% | 26 states |
The maximums are each company’s published ceiling. Your offer depends on your home’s value, equity, credit score and location, and is often well below the maximum. Meeting the minimum credit score does not guarantee approval. Hometap’s state count comes from the list on its website; a Hometap press release dated September 30, 2026 says 27 states, adding New Hampshire. Nada’s state count comes from its eligibility page; its FAQ page still lists 13.
Compare the best HEI companies to find the right fit.
Compare HEI features that matter to you
Answer two questions to explore companies with relevant published features. This tool does not assess your eligibility or recommend a suitable financial product. Location, property type, equity and underwriting requirements still apply.
Provider terms verified as of October 21, 2026.
Published minimums: 500 at Point, Nada, Splitero and Unlock; 575 at Hometap; 620 at Unison. Minimum scores depend on property and occupancy. Unlock generally requires 550 for condos, two- to four-unit properties, second homes and investment properties; Nada requires 620 for investment properties.
Editorial Best Overall pick
Company to explore: Point
Point is available in select regions of 31 states and Washington, D.C., the most on this list, and offers a 30-year term, tied for the longest. You may qualify for up to $600,000.
- Credit scores starting at 500
- Maximum initial cash as a percentage of home value: varies with pricing and underwriting; no single cash-to-home-value percentage verified. Point says 29% or more equity usually must remain after its investment
- Processing fee of up to 3.9% ($2,000 minimum), plus third-party closing costs
Read the full Point review (The Mortgage Reports Rating 4.7)
Your home secures the agreement. Housing expenses continue, and failure to meet the agreement’s requirements can put your home at risk. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply. Availability may vary by county. An HEI has no stated interest rate or required monthly payment, but it is not cost-free: settlement is based on your home’s value or change in value, and fees apply.
Company to explore: Nada
Nada publishes the highest maximum initial cash percentage on this list: up to 30% of your home’s value or $600,000 for primary and second homes. You may qualify for $20,000 or more.
- Credit scores starting at 500 for primary and second homes; 620 for investment properties, with no late payments in the last 24 months. Investment properties are capped at $100,000 and 50% CLTV
- Available in 15 states: AR, AZ, CA, CO, FL, GA, KS, LA, MI, OK, OR, PA, SC, TX and WA. In Texas, Nada invests in investment homes only, so a primary or second home in Texas is not eligible
- 10-year term; upfront fees total 4.9% per its pricing page (3.00% origination, 1.50% underwriting, 0.40% processing)
Read the full Nada review (The Mortgage Reports Rating 4.3)
Your home secures the agreement. Housing expenses continue, and failure to meet the agreement’s requirements can put your home at risk. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply. An HEI has no stated interest rate or required monthly payment, but it is not cost-free: settlement is based on your home’s value or change in value, and fees apply.
Company to explore: Splitero
Splitero lines up your term with your senior mortgage, with a minimum of 10 years and a maximum of 30. You may qualify for $50,000 up to $600,000 or 25% of your home’s value.
- Credit scores starting at 500
- Eligible areas of 17 states; $75,000 minimum in Wyoming
- 4.99% origination fee ($1,500 minimum)
Read the full Splitero review (The Mortgage Reports Rating 4.5)
Your home secures the agreement. Housing expenses continue, and failure to meet the agreement’s requirements can put your home at risk. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply. An HEI has no stated interest rate or required monthly payment, but it is not cost-free: settlement is based on your home’s value or change in value, and fees apply.
Company to explore: Unison
Based on the state lists each company publishes, Unison is the only company on this list with a 30-year term in Delaware and Rhode Island. You may qualify for $30,000 up to $500,000 or 15% of your home’s current value.
- Mid-FICO score of at least 620
- Available in 22 states and Washington, D.C.
- 3.9% transaction fee deducted at closing. Unison’s downside sharing is conditional: it does not apply during the agreement’s initial restriction period or when you buy out the agreement. Confirm the applicable restriction period and settlement terms in your contract.
Read the full Unison review (The Mortgage Reports Rating 4.2)
Your home secures the agreement. Housing expenses continue, and failure to meet the agreement’s requirements can put your home at risk. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply. An HEI has no stated interest rate or required monthly payment, but it is not cost-free: settlement is based on your home’s value or change in value, and fees apply.
Company to explore: Unlock
Unlock offers an approved Partial Buyout, which reduces Unlock’s percentage without ending the agreement. You may qualify for $15,000 to $500,000.
- Credit scores starting at 500 for single-family homes and townhomes used as primary residences; 550 for condos, 2-4 unit properties, second homes and investment properties
- At least 30% equity to qualify; available in 26 states. Maximum initial cash as a percentage of home value: varies with pricing and underwriting; no single cash-to-home-value percentage verified
- 10-year term; origination fee typically 4.9%, subject to state limitations
Read the full Unlock review (The Mortgage Reports Rating 4.1)
Your home secures the agreement. Housing expenses continue, and failure to meet the agreement’s requirements can put your home at risk. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply. An HEI has no stated interest rate or required monthly payment, but it is not cost-free: settlement is based on your home’s value or change in value, and fees apply.
How we ranked these top HEI providers
The Mortgage Reports compared every home equity investment (HEI) company on this page using figures each company publishes on its own website, plus The Mortgage Reports Rating from each company’s full review. Provider terms verified as of October 21, 2026.
We compare published dollar maximums first. Percentage limits are additional eligibility constraints, not a promise of a larger offer. An unpublished or variable percentage is not treated as unlimited. Point is our separate editorial Best Overall selection; companies with the same dollar maximum are tied unless a supported tiebreaker is stated.
Two supported tiebreakers are used. Where both companies publish a maximum initial cash percentage of home value, the higher percentage ranks higher (Nada, then Hometap, then Splitero). Where a company does not publish one (Unlock), the tie is broken by The Mortgage Reports Rating (Unison, 4.2, ahead of Unlock, 4.1).
Factors evaluated
-
Published dollar maximum. The primary ranking factor for this page: $600,000 at Point, Nada, Hometap and Splitero, and $500,000 at Unison and Unlock.
-
Maximum initial cash as a percentage of home value (first tiebreaker). Used only where both companies publish one: Nada (30%), then Hometap (27%), then Splitero (25%). On a $500,000 home, those percentages work out to $150,000, $135,000 and $125,000 before equity and other requirements, and reaching $600,000 would take a home worth $2 million or more. Point and Unlock do not publish a single percentage; for them it varies with pricing and underwriting, and no single cash-to-home-value percentage was verified.
-
The Mortgage Reports Rating (second tiebreaker). Each company’s score from its full review on The Mortgage Reports: Point 4.7, Splitero 4.5, Nada 4.3, Unison 4.2, Hometap 4.1 and Unlock 4.1. It breaks a tie where one company does not publish a maximum initial cash percentage, which is why Unison ranks ahead of Unlock. It is also weighed in the editorial Best Overall selection.
-
Availability. The number of states on each company’s own published list: Point, 31 states and Washington, D.C. (availability may vary by county); Hometap and Unlock, 26; Unison, 22 and D.C.; Splitero, 17; Nada, 15 (in Texas, investment homes only).
-
Access and cost. Published minimum credit score, term length and upfront fees. Credit minimums range from 500 (Point, Nada, Splitero and Unlock) to 575 (Hometap) and 620 (Unison). Terms run 10 years (Hometap, Nada, Unlock) to 30 years (Point, Unison), and Splitero matches your senior mortgage within 10 to 30 years.
Point is listed first as a separate editorial selection, not as a result of the dollar-maximum comparison. The selection weighs:
- It ties for the highest published dollar maximum, $600,000 (factor 1).
- It has the highest rating from The Mortgage Reports on this list, 4.7 (factor 3).
- It is available in the most states, select regions of 31 states plus Washington, D.C. (factor 4).
- It accepts credit scores starting at 500, offers a 30-year term, tied for the longest, and charges a processing fee of up to 3.9% ($2,000 minimum), the lowest published fee percentage among the $600,000 companies (factor 5). The lowest dollar fee depends on the amount: Hometap caps its fee at $20,000, which can be less than Point’s fee on a large investment.
The trade-off: Point does not publish a maximum initial cash percentage of home value (factor 2). Point’s equity requirement is measured after its investment: it says 29% or more usually must remain.
Disclosed data conflicts
Hometap state count. The state list on Hometap’s website shows 26 states. A Hometap press release dated September 30, 2026 says 27, adding New Hampshire, which does not appear on the website list. This page uses the 26 states listed on Hometap’s site. If you live in New Hampshire, confirm availability with Hometap directly.
Nada state count. Nada’s eligibility page lists 15 states (AR, AZ, CA, CO, FL, GA, KS, LA, MI, OK, OR, PA, SC, TX and WA, with Texas limited to investment homes). Its FAQ page still lists 13. This page uses the 15 states on the eligibility page. If you live in Colorado or Georgia, confirm availability with Nada directly.
Unison restriction period. Unison’s restriction-period FAQ describes five years, while its blog describes three years, or five for some older agreements. Because its public sources differ, this page does not state one period for every agreement. Confirm your contract’s restriction period; Unison also states that downside sharing does not apply to buyouts.
Companies checked and ruled out
These companies are not included in this comparison for the reasons below; some have stopped accepting new customers, while others offer different products or serve a different market.
- Aspire: its website says Aspire HEIs are no longer offered to new customers.
- Home Equity Partner: offers a sale-leaseback (the company may buy your home and lease it back to you), not an HEI.
- Bonus Homes: offers a Home Appreciation Partnership for homeowners who are moving out; Bonus converts the home into a rental.
- Fraction: offers mortgage products through licensed Canadian brokers only, in British Columbia, Alberta and Ontario.
- Landed: works only with education and healthcare employers through employee housing-benefit programs.
- EasyKnock: closed; its website says the company has closed its doors.
- Noah: its website domain is parked and listed for sale, and we could not find a current HEI offering.
- Newfi EquityChoice: We could not confirm that EquityChoice is currently available from Newfi’s public product listings, so it is excluded pending confirmation.
- Balance Homes and Haus: offer co-ownership arrangements that require monthly payments, so they are not HEIs.
How the companies are featured
Point is featured first as the separate editorial Best Overall selection. The other five companies are listed by published dollar maximum, then by the two supported tiebreakers in factors 2 and 3. The order is not a ranking of overall quality.
What The Mortgage Reports Rating means
The Mortgage Reports Rating is a general business rating from each company’s full review on The Mortgage Reports. It is not a score of the specific limits on this page. Figures are approximate and can change; your offer depends on your home’s value, equity, credit score, property type and location. You may qualify for less than the published maximum, and meeting a minimum does not guarantee approval.
A home equity investment has no stated interest rate or required monthly payment, but it is not cost-free: at settlement you pay the company an amount based on your home’s value or change in value, and fees apply. The agreement is secured by your home. You must continue paying any mortgage, property taxes, insurance and other required housing costs. If you cannot settle when required or breach the agreement, you could be forced to sell or face foreclosure. Provider terms verified as of October 21, 2026.
Check your home equity loan options. Start here
What determines your home equity investment limit
The advertised maximum is just a ceiling. What you actually receive depends on several factors specific to your situation.
Home value and available equity
Most companies also publish a maximum initial cash amount as a percentage of your home’s value. Nada lists up to 30%, Hometap up to 27%, Splitero up to 25% and Unison up to 15%. On a $500,000 home, those percentages work out to $150,000, $135,000, $125,000 and $75,000 before equity and other requirements, far below the $500,000 to $600,000 maximums the same companies advertise. Reaching a $600,000 maximum would take a home worth $2 million at Nada’s 30% and about $2.2 million at Hometap’s 27%. For Point and Unlock, the maximum initial cash as a percentage of home value varies with pricing and underwriting; no single cash-to-home-value percentage was verified. Percentage limits are additional eligibility constraints, not a promise of a larger offer.
Distinguish equity needed to qualify from equity that must remain after funding. Hometap generally looks for at least 25% equity and Unlock at least 30% to qualify. Point’s requirement is measured after its investment and can vary; Point says it is usually 29% or more and can be confirmed by prequalifying. If you recently bought your home or have a large mortgage balance, your options may be limited.
Geographic location and state availability
Not all HEI providers operate in every state. Point lists select regions of 31 states and Washington, D.C., while Nada lists 15 states and, in Texas, invests in investment homes only. Some companies also say availability varies within a state, so confirm a company operates where you live before you spend time on an application.
Property type and condition
Eligible property types vary by company. Hometap lists single-family homes, condos, vacation and rental properties, multi-family homes (1-4 units) and manufactured homes. Unlock accepts second homes and investment properties with a credit score of 550 or higher, and says its criteria and pricing reflect the added risk of non-primary homes. Nada caps investment properties at $100,000 and 50% CLTV, and Unison and Splitero consider second homes or rentals in some cases. Your home’s condition matters too, since deferred maintenance can lower your appraisal and reduce your offer. See HEI options for condos and multi-family homes.
Credit score and financial profile
While HEIs have more flexible credit requirements than traditional loans, your score can still affect your offer amount. Point, Nada and Splitero accept credit scores starting at 500 (Nada requires 620 for investment properties, with no late payments in the last 24 months). Unlock accepts 500 for single-family homes and townhomes used as primary residences, and 550 for condos, 2-4 unit properties, investment properties and second homes. Hometap lists a minimum FICO score of 575, and Unison generally looks for a mid-FICO score of at least 620. Meeting the minimum credit score does not guarantee approval; property, equity and other underwriting requirements apply. If your score is near a cutoff, it may help to raise your credit score before you apply.
Check your home equity loan options. Start here
How to maximize your HEI payout
A few approaches can help you get the largest possible investment.
Get multiple offers from different providers
Each HEI company uses its own valuation methods and appreciation share calculations. Getting quotes from several providers can show meaningful differences in offer amounts and terms for the same property.
Understand how fees reduce your net payout
Upfront fees and third-party costs reduce the cash you actually receive. Published fees include up to 3.9% at Point (subject to a $2,000 minimum), 3.9% at Unison, 4.5% at Hometap (up to $20,000), typically 4.9% at Unlock, 4.9% in total at Nada, per its pricing page (3.00% origination, 1.50% underwriting and 0.40% processing) and 4.99% at Splitero (minimum $1,500). Point’s percentage is the lowest among the $600,000 companies, but the lowest dollar fee depends on the amount: Hometap caps its fee at $20,000, which can be less than Point’s fee on a large investment. Appraisal, title and other closing costs are extra. Always ask for the net payout after all fees, not just the gross investment figure, and compare HEI fees and tax implications before you sign.
Tip: Request a detailed breakdown of all fees and the appreciation share percentage before committing. Small differences in terms can significantly affect your total cost at settlement.
Consider timing and market conditions
Home values fluctuate, and applying when your local market is strong may yield a higher offer. That said, market timing is difficult to predict, so waiting indefinitely rarely makes sense.
Time to make a move? Let us find the right mortgage for you
Who benefits most from high-limit HEI investments
HEIs with large payouts work well for certain homeowners:
- Equity-rich homeowners who want substantial cash for renovations, medical bills, or debt consolidation
- Self-employed borrowers who struggle to document income for traditional home equity loans
- Homeowners with lower credit scores who cannot qualify for large amounts through conventional lenders
- Those comfortable sharing appreciation in exchange for no required monthly payment
On the other hand, homeowners in rapidly appreciating markets may find the appreciation share too costly over time when compared to traditional options like HELOCs. If you expect your home’s value to increase significantly, a traditional home equity loan might be more economical despite the monthly payments.
Pros and cons of high-limit home equity investments
Advantages of high-limit HEI providers
- No required monthly payment to the HEI company during the term, which helps with cash flow
- Flexible credit requirements compared to traditional lenders
- Large lump sum access with no stated interest rate, though settlement and fees mean it is not cost-free
- Some providers offer conditional downside sharing, but a fall in market value does not necessarily mean you will repay less than you received.
Drawbacks and risks to consider
- The agreement is secured by your home. You must continue paying any mortgage, property taxes, insurance and other required housing costs. If you cannot settle when required or breach the agreement, you could be forced to sell or face foreclosure.
- Sharing future appreciation can be costly if your home value rises significantly
- A lump-sum settlement is due by the contract deadline or another specified trigger; some refinances also require payoff.
- Limited availability in some states and for certain property types
- Complex terms that require careful review before signing
Compare the net cash received and total financing cost of each option over the same holding period. Include upfront fees and the cost of settling the HEI, and distinguish repayment of the original funds from financing costs.
Alternatives if you need more than HEI limits allow
If your cash needs exceed what HEI providers offer, other options may work better.
Cash-out refinance
A cash-out refinance replaces your mortgage with a new, larger loan. Cash available is the new loan amount minus the mortgage payoff, closing costs and other required payments. Whether it provides more usable cash than an HEI depends on loan limits, equity and underwriting. Your home secures the loan.
Home equity loan
A home equity loan provides a lump sum, usually at a fixed interest rate with set monthly payments. Loan limits vary by lender and depend on your equity, credit and income, and you’ll pay interest over the loan term.
HELOC
A home equity line of credit offers flexible access to funds as needed. Limits can be substantial, but rates are typically variable and monthly payments are required.
How to choose the right HEI company for your needs
Finding the right fit involves more than comparing maximum limits:
- Compare maximum limits if you want a large payout, but focus on your likely offer amount
- Check state availability before researching providers in depth
- Review appreciation share terms carefully since small percentage differences add up
- Understand settlement requirements and what triggers repayment
- Request multiple quotes to find the best offer for your specific situation
The right choice depends on how much you want, how long you plan to stay in your home, and how comfortable you are sharing future appreciation.
FAQs about home equity investment limits
As of October 21, 2026, Point, Nada, Hometap and Splitero each list a maximum of $600,000. Nada, Hometap and Splitero also publish a maximum initial cash percentage of home value (30%, 27% and 25%), so reaching $600,000 at those companies would take a home worth $2 million or more. For Point, the percentage varies with pricing and underwriting; no single cash-to-home-value percentage was verified. Point’s requirement is measured after its investment and can vary; Point says it is usually 29% or more and can be confirmed by prequalifying. Percentage limits are additional eligibility constraints, not a promise of a larger offer, and you may qualify for less than the maximum.
Generally no. Providers usually require any existing HEI on the home to be paid off. Splitero, for example, says you may be eligible if you pay off an existing shared equity agreement before or through closing, and Unlock generally must be in no greater than second lien position.
Your settlement may decrease, depending on the contract’s formula, valuation adjustments and restrictions. You may still owe more than you received even if the home loses value. Unison’s downside sharing is conditional: it does not apply during the agreement’s initial restriction period or when you buy out the agreement. Confirm the applicable restriction period and settlement terms in your contract.
Timelines vary by provider and by how quickly appraisal and title work move. Hometap says its process can take as little as 30 to 45 days. Ask each company for its current estimate, and expect fees and third-party closing costs to be deducted from your funds.
Often, yes, with different terms. Hometap lists vacation and rental properties among eligible property types, and Unlock accepts second homes and investment properties with a credit score of 550 or higher. Nada caps investment properties at $100,000 and 50% CLTV and requires a 620 credit score for them, with no late payments in the last 24 months. Unison and Splitero consider second homes or rentals in some cases.
These companies are not included in this comparison for the reasons below; some have stopped accepting new customers, while others offer different products or serve a different market. Aspire says its HEIs are no longer offered to new customers, Home Equity Partner offers a sale-leaseback, Bonus Homes offers a partnership for homeowners who are moving out, Fraction works only through licensed Canadian brokers and Landed works only through employer housing programs.
The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates.
By refinancing an existing loan, the total finance charges incurred may be higher over the life of the loan.