Pay off your mortgage & stay in your home

Balance empowers you to access equity in your home to pay off your entire mortgage and get up to $50k cash out.

Balance helping a homeownerBalance helping a homeowner
Rated 5 stars
(4.9)
Available in FL, GA, IL, MN, PA & OH (more states coming soon!)
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What's Balance?

The affordable, flexible way to own

Say goodbye to the stress of debt

Lower Monthly Payments

Payments up to 30% lower compared to your current mortgage & debt payments

Skip Cash Payments

Balance enables you to skip monthly cash payments and pay with home equity instead

Remain in Control

Stay on title — increase equity, refinance or sell whenever you want

Most Homes Qualify

Balance works for owners in forbearance, foreclosure and with low credit scores

Get Your Free Proposal

How it works

Step 1

Balance pays off your mortgage

Balance co-invests in your home by paying off your mortgage lender and, if you qualify, providing you up to $50k cash at closing to settle any other debts you may have. With a Balance investment, you’ll stay in your home and keep your share of home equity.

Step 2

Stay in your home and make monthly payments

Similar to a mortgage, you’ll make a payment each month that includes an occupancy fee and your share of operating expenses (e.g., taxes, insurance, HOA fees). As a co-investor, Balance will pay its share of your home’s operating expenses each month.

Step 3

Choose how to pay each month

Make your monthly payment with cash or by tapping into your growing equity by selling a small additional share of your home to Balance. Balance provides the ability to skip up to 3 cash payments each year.

Step 4

You're in control

Choose to increase your ownership at any time. The more equity you have, the lower your monthly payments will be. Repay Balance in full at any time by refinancing into a mortgage. Or sell your home and keep your share of the proceeds plus appreciation.

To GOOD TO BE TRUE?

How can Balance offer a low cost alternative to a mortgage?

Balance invests in your home in exchange for a portion of your home equity. As a co-investor, we share in the costs, appreciation and depreciation of your home. Sharing in your future home appreciation allows us to offer attractive terms with low monthly payments and flexible qualifying criteria.
 And you can go back to traditional ownership at any time without penalty.

Why homeowners choose Balance

Avoid high-interest rates

No minimum credit score

Payoff delinquent mortgage

Tap into equity over time

Our expert and caring team

Exit forbearance immediately

Personalized solutions

Fix bad credit

Keep housing costs low

HELPING YOU DECIDE

Is Balance right for you?

 Need access to cash or to pay off debts
 Own your home with a traditional mortgage
 Built up at least 15% home equity
Open to sharing future appreciation for flexibility today

Get Your Free Proposal
No credit check  ~ Takes 1 minute

Get a free proposal from Balance

Get Your Proposal
No credit check  ~ Takes 1 minute
Julie T testimonial photo
"Balance made the whole process as stress-free as possible"
Rated 5 stars

"I still have my house, I'm current on payments, and my credit score has gone up 140 points already. I feel like I'm on this path where everything is going to be OK.

Julie T - CINCINNATI, OH
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Balance vs. Refinancing

Both options replace your current mortgage

ACCOUNTS

Balance

Mortgage Refinance

ACCOUNTS

Removes mortgage debt

Yes

No

Fixed monthly payment

Yes, for at least 5 years

Sometimes

Skip monthly cash payments

Up to 3 per year

Never

Get cash out at closing

Yes

Sometimes

Qualify with low credit

Yes

Unlikely

Qualify with missed mortgage payments

Yes

Unlikely

Time to close

As few as 28 days

30 - 60 days

Requires cash at close

No

Sometimes

WHY BALANCE?

Frequently Asked Questions

How can Balance offer a low cost alternative to a mortgage?

Balance invests in your home in exchange for a portion of your home equity. As a co-owner, Balance shares in the costs, appreciation and depreciation of your home. Sharing in your future home appreciation allows Balance to offer attractive terms with low monthly payments and flexible qualifying criteria.


How long will Balance be a co-owner?

We’ve tried to make Balance as flexible as possible for our co-owners, so there is no minimum term. Co-owners are able to stay with the program for a maximum of 10 years, and will typically end when they decide to refinance or sell.

Are there any closing costs associated with a Balance Co-Investment?

Similar to a mortgage and other home equity products, Balance charges a service fee, and you are responsible for paying the closing costs. You have the option to pay all of the closing costs with a portion of your home equity, so Balance’s customers typically pay $0 in cash at closing. In fact, customers are also able to sell additional equity to Balance at closing to receive additional cash to pay off other debts. Your closing costs, including any cash-outs you elect to receive, will be summarized in your Balance proposal.

Can I repurchase Balance's shares in my house?

Yes! When you enter an agreement with Balance, we'll set a starting price for your home and adjust it up or down every three months based on the Federal Housing Finance Agency's Home Price Index for your metro area. This means any appreciation in your home’s value above this index will be yours to keep! At any time, you can buy back all—or a portion—of Balance’s interests in your home at this price.

How does Balance help keep me in my home and still make money?

Balance does not make money by acquiring homes or removing owners. Adverse situations, such as eviction, are costly and stressful for all parties involved, and we’ve structured co-ownership to avoid them. If a co-owner is unable to pay a minimum monthly payment to Balance and has exhausted all flex payments and other options, Balance will assist in finding alternative financing. Only as a last resort will we work together to sell the home and share the proceeds accordingly.

What are the costs associated with the Co-Ownership Program?

Our pricing is fair and transparent: Balance charges a one-time shared ownership entry fee of 2.5% of your home value to co-invest in your home and pay off your mortgage and any other eligible debts. Homeowners have the option to save their cash and pay this one-time fee using their home equity, so a homeowner can partner with Balance without paying any cash to Balance at closing.

You’ll pay a fixed monthly fee to Balance, based on the percentage of the home co-owned with Balance. You have the option to increase your ownership percentage at any time by buying back equity, which also helps lower your monthly fee.

When you choose to end your co-ownership relationship with Balance, the final amount due is based on the starting value of the home, adjusted for any changes in your local market. As the value of your home changes, Balance’s buy-out amount is adjusted accordingly to reflect the gain or loss of our investment.

See All Frequently Asked Questions