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Home Equity Agreement · No monthly payments

Home Equity Agreement: Your equity, unlocked. No monthly payments.

A Home Equity Agreement (HEA) turns the equity in your property into cash today — with no monthly payments. Qualification is driven by your equity and your FICO band, with credit accepted down to the 500s. Available in Arizona, California, Colorado, Florida, Ohio, Oregon, Pennsylvania, Tennessee, Utah, Virginia, and Washington.

  • No Monthly Payments — There is no payment on an HEA — ever. The agreement simply waits for its exit.
  • Credit From the 500s — Your FICO band sets the maximum OLTV: 60% at 500–539, 65% at 540–579, 75% at 580+.
  • Up to $600,000 — 1st, 2nd, and 3rd lien positions considered — for debt payoff, improvements, or whatever you need.
  • Three Clear Exits — Sell, refinance out, or buy it out early — and as a broker, we’ll tell you if a HELOC beats the HEA for your file. see how it works →

Or skip the form — call or text 949-868-2422

Find My LoanAbout 55 seconds left

60 seconds · no hard credit pull · never sold

What type of property is this?

You’ll work directly with Anthony HuynhVice President · NMLS #1996696

Monthly payments
None
Amount
Up to $600K
Credit accepted from
500s
Where it’s available
11 states

Program terms depend on credit profile, LTV, property type, occupancy, and loan specifics, and are subject to change. All loans subject to credit approval.

Fastest answer: call or text us — 949-868-2422 · no call center, no waiting

Run the Numbers

Run your HEA numbers.

Enter your numbers for a quick estimate — then turn it into real numbers with the funnel or a call.

Home Equity Agreement (HEA) Calculator

Cash from your equity with no monthly payment. See your max cash-out by credit band.

$
$
Property type
Your credit score band
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Defaults to your max — lower it to see a smaller draw.

✓ Within program limits

Max OLTV (your band)75% (580+)
Max cash-out available$187,500
Combined OLTV at this cash-out65%

Capped at 25% of value. Your OLTV room is $262,500, but an HEA tops out at $187,500 — 25% of $750,000.

Est. net cash-out$175,644
Gross cash-out$187,500
Est. origination (4.99%)− $9,356
Est. title & settlement− $2,500

Opens the 60-second options check with your numbers filled in — no hard credit pull.

No monthly payments · capped at $600,000 and at 25% of appraised value · minimum $50,000 · directional estimate, not a binding offer.

Calculator results are estimates only and do not constitute a loan offer, pre-approval, or commitment to lend. Actual terms may vary.

Know Before You Apply

Can we fund your deal? Check before you apply.

The Home Equity Agreement guidelines, plainly stated. Requirements vary by lender and scenario — a quick call confirms yours.

Home Equity Agreement requirements

What you need

  • Monthly Payments: None
  • Amount: $50K – $600K (up to 25% of home value)
  • Max OLTV by Credit: 60% at 500–539 · 65% at 540–579 · 75% at 580+
  • Investment Property: Max OLTV 10 points lower
  • Costs: 4.99% origination + about $2,500 title
  • States: AZ, CA, CO, FL, OH, OR, PA, TN, UT, VA & WA
  • Where we lend: Available in 11 states, primary homes and investment properties — see every state

General guidelines only, not a commitment to lend. Gray-area scenario? Call or text 949-868-2422.

Reviews

5.0 from clients who closed with Anthony.

Read all 25 verified reviews →

  • 5 out of 5 stars

    “Anthony made all the difference. I say this because I originally spoke to someone else at West Capital who unfortunately didn't quite have the experience to get this deal done. Best HELOC options in the business.”
    Damian F · Hollywood, FL · Apr 2026Verified client review

  • 5 out of 5 stars

    “Start to finish in just 4 business days — honestly unreal. The entire process was smooth, fast, and stress-free. Anthony Huynh went above and beyond every step of the way and made everything feel easy. Couldn't have asked for better service. Highly recommend!”
    Kevin R · Paradise Valley, AZ · Apr 2026Verified client review

  • 5 out of 5 stars

    “Great salesman and def deserve all the stars the world have to offer. Thanks for finishing up my loan. Much appreciated.”
    Zhong Z · Memphis, TN · Apr 2026Verified client review

FAQ

Frequently Asked Questions

Common questions about the Home Equity Agreement.

What is a Home Equity Agreement?

An HEA turns part of your home equity into cash today with no monthly payments. Instead of charging interest, the provider receives an agreed share of your home’s future value when the agreement ends. It is an agreement, not a loan — which is why there is no payment.

How does the agreement end?

Three doors, you pick the door: sell the home (the agreement settles at closing out of proceeds), refinance out (a cash-out refinance or new loan pays it off), or buy it out early with cash. Every number is put on paper in your written offer before you commit.

Can I qualify with low credit?

Often, yes. HEA qualification is driven by your equity and your credit band rather than a hard loan-style minimum — many homeowners use an HEA to access equity while rebuilding credit, then refinance out later at a score no bank would have offered them when they started.

What does an HEA cost?

Upfront costs are a 4.99% origination fee plus about $2,500 in title costs. The provider’s share of future value is set out in your individual written offer — and as a broker, we’ll put it side by side with a HELOC and a cash-out refinance so you can pick with actual numbers.

Related Programs

Other programs worth a look.

Not quite the right fit? These programs solve neighboring scenarios — or let the funnel route you.

Ready to explore Home Equity Agreement?

Answer a few quick questions and get a personalized strategy recommendation — including whether HEA is right for your situation. No hard credit pull.

Check My Options →Call / Text Us: 949-868-2422

Prefer a set time? Book a call · Ready to apply? Start your full application

West Capital Lending, Inc. is an Equal Housing Lender. We do not discriminate on the basis of race, color, religion, national origin, sex, handicap, or familial status.