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

4.9 rating on Google Reviews
April and her family received $32k cash out and now save $392/month

Say goodbye to the stress of debt

Balance is the affordable, flexible way to own.

Lower your payments

Payments up to 30% lower compared with current monthly mortgage and debt payments

Skip cash payments

Don't worry about missing a payment or falling behind—pay with equity instead of cash

Always remain in control

Stay on title, increase equity, refinance, and sell your home whenever you want

Most homes qualify

Balance works for homeowners in forbearance and foreclosure, and there’s no minimum credit score

See If You Qualify
No credit check ~ Takes 1 minute

How it Works

Trade your equity for cash to pay off debts. As your finances and credit improve, you can buy out Balance whenever you’re ready.


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.


Stay in your home and make monthly payments

Similar to a mortgage payment, the Balance monthly payment 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.


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 three cash payments each year.


You’re in control

There’s no minimum term. Choose to increase your ownership at any time. The more equity you have, the lower your monthly payments will be. Repay Balance in full by refinancing into a mortgage. Or sell your home and keep your share of the proceeds—plus appreciation.

Balance vs. Refinancing

It shouldn't be so tough to access the equity you've built in your home. With Balance, it doesn't have to be.

Removes mortgage debt
Skip monthly cash payments
Yes, up to 3 per year
Get cash out at closing
Qualify with low credit
Qualify with missed 
mortgage payments
Time to close
As few as 21 days
45–60 days
Requires cash at close
Balance made the whole process as stress-free as possible

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, Ohio

Is Balance right for you?

See Your Options
No credit check ~ Takes 1 minute

Is Balance right for you?

You own your home with a traditional mortgage
You’ve built up at least 15% home equity
You’re tired of high-interest debt and struggling to qualify for loans
You’re open to sharing appreciation for low payments and flexibility
You’re trying to get out of forbearance or stop a foreclosure

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. Balance currently offers a 10 year maximum term and will typically be repaid whenever you decide to buy Balance out and move to a traditional mortgage or sell the home entirely.

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 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.

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 upon 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 would help to 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.