Unison Mortgage Corporation Launches Innovative Equity Sharing Home Loan in New Jersey to Convert Home Equity Into Cash

New Second Mortgage Loan Product Offers Low Monthly Payments to Fund Goals, Such As Home Renovations

SAN FRANCISCO, March 7, 2025 /PRNewswire/ — Unison Mortgage Corporation, a Unison company, today announced the launch of its Equity Sharing Home Loan in New Jersey, which provides homeowners with cash today while offering half the monthly payment compared to alternate home financing options.*

The innovative Unison Equity Sharing Home Loan combines the benefits of home loans and home equity sharing agreements into a unique mortgage solution that allows homeowners to convert part of their home equity into cash with low monthly payments.

Homeowners lucky enough to have a low-interest first mortgage can maintain their favorable rates, and are usually reluctant to move, opting instead to renovate or expand. Unison’s Equity Sharing Home Loan is an exciting new option that homeowners can utilize to get cash with a minimal impact on their monthly cash flow.

“The U.S. home equity market is $35 trillion; homeowners come to Unison in the hope of leveraging their equity to obtain cash to renovate their homes, or consolidate high-interest debt. We designed the Unison Equity Sharing Home Loan to offer a solution that suits their needs,” said Ryan Downs, President of Unison.”With lower monthly payments, made possible by shared home appreciation, homeowners can confidently pursue their financial goals with peace of mind.”

With Unison’s Equity Sharing Home Loan, homeowners can:

• Invest in renovations and home improvement projects
• Consolidate high-interest debt
• Refinance second mortgages for lower monthly payments
• Increase their retirement savings

Unison vs. Other Loan Offers
Unison designed an innovative new financing option that delivers lower monthly payments and is tailored to meet the demands of homeowners. Unison has taken a creative approach by combining low interest rates with a share of the property’s future appreciation. Plus, if homeowners use their funds to renovate, the Capital Improvement Adjustment enables them to retain the value added by those improvements. Homeowners can access up to $400,000 and benefit from no prepayment penalties.

Availability
The Unison Equity Sharing Home Loan is available in New Jersey today. Find out if you are eligible and obtain a free rate estimate with no obligation by visiting here.

About Unison:
Based in San Francisco and Omaha, Unison is pioneering a smarter, better way to own your home. Until now, the only way to harvest hard-earned equity was by selling your home, or taking on enormous additional debt. Through Unison equity sharing agreements and equity sharing home loans, we help homeowners access their equity in a new and innovative way with low or no monthly payments. We are an investment management company with over $1.8 billion in assets under management, and we furnish investors with the opportunity to access the returns associated with home price appreciation, minus the overhead of home ownership. Our equity sharing agreements have empowered 12,000 households to pursue financial wellness, and we’re proud to continue to enhance home affordability, reduce debt, and deliver a less risky way for homeowners, investors, and society to think about that important asset – the home. For additional information, visit www.unison.com and www.unisonim.com.

* Comparative estimated monthly payments are based on an internal analysis and review through March, 2025 of interest rates from 3 other leading second-lien home equity loan providers, which are averaged and applied to a 10-year amortized mortgage loan term.

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Media Contact:
Gary Bird
FortyThree, Inc.
831.888.9011
unison@43pr.com

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SOURCE Unison