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 & TX (more states coming soon!)
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What's Balance?

The affordable, flexible way to own

Get caught up & 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 Owners 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 which also includes your share of operating expenses (e.g., taxes, insurance, HOA fees, etc.). 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 4 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?

 Built up at least 10% home equity
 Plan to stay in your home for 3+ years
 Need access to cash or to payoff debts
Willing to trade appreciation for low payments & flexibility

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
testimonial photo
Balance saved my home and changed our life!
Rated 5 stars

I was in forbearance and unable to qualify for a refinance after months of applying. I found Balance and received an immediate offer to pay off my mortgage and $6k of credit card debt. My new housing payments are lower than my previous mortgage and I can pay with equity when I need, rebuilding my credit while growing my equity. I love the Balance team!

Jesse & Lorna E. - NAPERVILLE, IL
testimonial photo
Balance saved my home and changed our life!
Rated 5 stars

I was facing foreclosure and unable to refinance or get an affordable loan modification. I found Balance and in less than a month they had paid off my mortgage and my credit card debt. My housing payments are now lower than my previous mortgage and I can pay with equity when I need. I'm rebuilding my credit and growing my equity. I love the Balance team!

JESSE & LORNA E. - NAPERVILLE, IL
testimonial photo
Balance saved my home and changed our life!
Rated 5 stars

I was facing foreclosure and unable to refinance or get an affordable loan modification. I found Balance and in less than a month they had paid off my mortgage and my credit card debt. My housing payments are now lower than my previous mortgage and I can pay with equity when I need. I'm rebuilding my credit and growing my equity. I love the Balance team!

JESSE & LORNA E. - NAPERVILLE, IL
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Balance vs. Refinancing

Both options replace your current mortgage

ACCOUNTS

Balance

Mortgage Refinance

ACCOUNTS

Pays off your mortgage

Yes

No

Fixed monthly payment

Yes, for at least 5 years

Sometimes

Skip monthly cash payments

Up to 4 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

14 - 30 days

45 - 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-investor, 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 do the terms of my co-investment with Balance last?

Balance offers fixed monthly payment amounts for at least 5 years. After that, we’ll review your monthly payment and adjust it based on market rental rates in your area with a 5% maximum annual adjustment (subject to local real estate laws). We're long-term partners and happy to co-invest in your home for at least 10 years, but you can buy us out or sell your home at any time.

Do I have to pay closing costs?

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 at closing. In fact, customers are also able to sell additional equity to Balance at closing and receive additional cash at closing to pay off other debts. Your closing costs, including any cash outs you elect to receive, will be summarized in a 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 buyback all, or a portion, of Balance’s interests in your home at this price.

How am I protected from losing my home with Balance?

Balance is a co-investor in your home equity, so our goal is to keep you in your home. Any adverse situation is costly and stressful for all parties and we’ve structured Balance to avoid them by being flexible about how much of your home you own. If you cannot afford to pay your minimum monthly payments and have exhausted your ability to pay with equity, we will make every effort to accommodate any alternative financing options. A sale of the residence, where you share in the proceeds accordingly, is a last resort option.

How does Balance make money?

Balance strives for fair, transparent pricing: • 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 debt. Owners typically pay this fee in home equity instead of cash. • You’ll pay a fixed monthly fee to Balance to live in your home. You have the option at any time to increase your ownership by buying back equity, which would lower your monthly fee accordingly. • If you choose to end your agreement with Balance, we’ll calculate the increase or decrease in home value according to the Federal Housing Finance Agency (FHFA) published home price index. The payoff amount will be based on this indexed home value and our share of ownership at the time - even if it ends up being less than our initial investment amount.

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