Meet our Co-Owners

See how Balance helps people stay in their homes while reaching their personal goals

“We are in the perfect situation: We were able to pull out money, pay off debts, take a deep breath, and get caught up”
Nancy, Balance Co-Owner from Ohio
Co-Owner Story
Avoiding Foreclosure
Nancy saved her home from foreclosure and used her home equity to pay off $20,000 in debt. She’s now saving over $800 each month with Balance.

Highlights

Avoided foreclosure
Paid off $20k of debt
Saving over $800 a month

Like many others, Nancy experienced a disruption in income during the pandemic. When her lender required a lump sum payment after her year in forbearance, it sent her into a debt spiral—until she found Balance.

Balance was able to help Nancy pay off her mortgage and the bulk of her monthly debt obligations, saving her a total of $855 per month. Nancy loves the flexibility of the program and the peace of mind it provides her: “The biggest turn on was the flexible payments and being able to access equity.” Without Balance, Nancy believes she would have had to sell her home. Now Nancy's car is paid off, she’s current on her payments and her credit score has improved 15 points. She can breathe again now that she is on a path to recovery.

“I’m kicking myself — I could have done this so much sooner! I needed to get that money out of my house to pay down my debt and improve my credit score.”
Nancy, Balance Co-Owner in Ohio

This reviewer was invited by Balance to submit an honest review and was offered a nominal incentive as a thank you.

before Balance

Mortgage Status
Foreclosure
Credit Score
585
Past Due
$22,043
Monthly Payments
$1,870/Month

With Balance

Balance Co Owner Since
December 2021
Current Credit Score
600
Cash Out
$25,000
Balance Payment
$1,015/Month
“I still have my house, I'm current on payments, and my credit score has gone up 140 points already”
Amber, Balance Co-Owner from Florida
Co-Owner Story
Repairing Credit
Amber achieved financial freedom by paying down $23,425 of debt and improving her credit score—and repurchased Balance's interest in less than a year.

Highlights

Credit Score boosted 140 pts
Paid off over $23k of debt
Saved over $490 a month
Repurchased home

During a temporary job loss, Amber's bills began to accumulate and her credit utilization increased—impacting her credit score. Amber proactively tried to refinance her home and get cash out to pay off her mounting debts. Unfortunately, her credit score decreased during her lender’s final checks and she no longer met their refinancing guidelines.

While refinancing was no longer an option, Balance gave Amber the opportunity to achieve all of her goals in one fell swoop. She used the equity she had in her home to pay off large balances and lower her monthly housing plus debt costs by $490.

Having financial freedom has changed my life and has lifted a huge weight off my shoulders. Our credit scores have both gone up 140 points! We are now positioned to be able to qualify for a conventional refinance without private mortgage insurance.
Amber, Balance Customer in Florida

This reviewer was invited by Balance to submit an honest review and was offered a nominal incentive as a thank you.

before Balance

Mortgage Status
Foreclosure
Credit Score
591
Past Due
$15,734
Monthly Payments
$3,492/Month

With Balance

Balance Co Owner Since
December 2021
Debt Paid Off
$23,425
Cash Out
$25,000
Balance Payment
$2,588/Month

after Balance

Repurchase date
June 2022
Starting home value
$385,000
Ending home value
$404,221

Co-Owners love Balance

4.9 rating on Google Reviews

“Balance Homes was amazing to work with. Their team walked us through the entire process and was always available to help us with any questions we had. Everything was up front no hidden agenda. I look forward to continuing to work with Balance Homes!”

Nicole H.

“Balance help me and my family at a time when no one else could. I appreciate their willingness to help me and to achieve my goals. Thank you for your passion  and dedication.”

Nilsa M.

“Because I had three medical incidents in 2021, I asked Balance Homes for a quote.  Their team is very professional and never pushed me into making a decision. If you are facing foreclosure/forbearance or have too much debt to overcome; I wholeheartedly recommend this company. Reset your life and you will still own your home. You cannot find a better deal!”

Katrina W.

“What a great team.  They all worked together excellently. Any questions I had during the process was great and they explained everything. I do recommend them to be the help you need.”

Kamie M.

“Everyone I have talked to at Balance is always so supportive and friendly… they really want to help you make the whole experience a positive one. They were able to help me keep my home and get back on financial track.”

Julie T.

“The whole Balance team was professional and supportive from start to finish. I highly recommend them!”

Khefentse K.