EquiFi Corporation

04/21/2022

Homebuyers and Homeowners alike face enormous headwinds as interest rates soar. This article in Business Insider showcases the role companies like EquiFi can play through equity financing for homes. Why continue to buy into the misdirected narative that debt is the only way to own a home or access equity in a home? As a Public Benefit Corporation we feel it's our responsibility to reduce the historic reliance our society has placed on mortgage loans as the primary pathway for home ownership. Our collaborative approach aligns homeowners and homebuyers with like minded investors who will share a portion of future equity of the home. EquiFi brings equality to the home financing ecosystem. Our collaborative mindset is grounded in fairness.

21% of US renters believe they won't buy a home for over a decade, according to a new survey by the New York Federal Reserve.

11/07/2021

Let your home fund your lifestyle during retirement!

The EFI™ contract is the solution you were waiting for. Access your home equity with EquiFi Corporation.

https://www.equifi.com/equity-access-efi/retirement-income/

11/07/2021

Use the strength of your home to power through retirement!

The EFI™ contract is the solution you were waiting for. Access your home equity with EquiFi Corporation.

https://www.equifi.com/equity-access-efi/pay-off-your-mortgage/

11/07/2021

Let your home give back to you!

The EFI™ contract is the solution you were waiting for. Access your home equity with EquiFi Corporation.

https://www.equifi.com/equity-access-efi/retire-in-place/

10/06/2021

Shared equity home financing is booming across the country, but many may still wonder what it is. With over $36 trillion in home value, homes are one of the fastest growing asset classes and control $24 trillion of that value. With limited choices available to use the built in the home, some industry leaders saw the opportunity to offer homeowners the tools to access it without incurring debt. Shared equity was born! Under auspicious stars, EquiFi started its journey to bring investors and homeowners together with the intent to create liquidity out of a traditionally illiquid asset. Now, five years later and with a ton of industry collaboration, EquiFi is available to help consumers meet their financial needs without having to rely on debt.

Here is what EquiFi’s shared equity product is all about!

What it is:

✅ An equity-based co-investment in the home – Yay!
✅ A contract without terms in years (not 10, nor 30) – Yay!
✅ A debt-free solution to liberate equity trapped in the home – Yay!

What it’s not:

❌ Loan – Nay!
❌ Debt financing – Nay!
❌ Monthly payments – Nay!

To learn more about us, please visit www.EquiFi.com
or email us at [email protected].

09/29/2021

EquiFi's CEO David Shapiro released an interview with Phil Butler for Realty Biz News. Article included: https://realtybiznews.com/equifi-ceo-david-shapiro-on-scoring-funding-from-palisades-group/98764057/?

To learn more about us, please visit www.equifi.com

EquiFi CEO David Shapiro talks with RBN about partnering with Palisades Group, and what innovative financing can mean for the industry.

09/23/2021

EquiFi is proud to bring the home equity access program to California and soon to Washington, Arizona and Florida. The home holds the key to unlock your dreams. To learn more, visit www.equifi.com or email us at [email protected].

Because there’s no place like home™

09/14/2021

The EquiFi team is proud to share the news about our agreement with the Palisades Group and the acceleration of our originations in California and beyond. We look forward to supporting homeowners on their journey to wealth. Because there is no place like home.

https://www.prnewswire.com/news-releases/equifi-announces-capital-investment-from-the-palisades-group-to-fuel-residential-shared-equity-originations-301376001.html

09/01/2021

Baby Boomers are literally booming. Well, their home equity is! Home prices have been on a tear lately, rising 18% in just the last year. Homeowners are sitting on unprecedented amounts of equity — about $8.1 trillion of it! According to Black Knight, the average homeowner gained 11% in tappable equity during just the first quarter of this year. Of all generations, Boomers are uniquely poised to cash in big on their homes. If you are thinking of using some of the growing equity, you have several choices to pick from. Selling is probably the first to come to mind, followed by home equity lines of credit (HELOCs), cash-out ReFis and reverse mortgages. Anything else? Well, shared equity solutions are getting quite the attention these days as debt-free equity access tools. Homeowners receive liquidity in exchange for a portion of the future value of the home. They maintain full homeownership and can benefit from the new liquidity in as many responsible ways as they choose. Most decide to diversify assets outside the home, pay off any existing debt (if any), or fund a life goal. To learn more, visit www.equifi.com.

08/25/2021

An AARP survey revealed 3 out of 4 Americans desire to stay in their home after they retire but the majority of them think they can’t. From our point of view, life is about choices and options. We are proud of having created a valuable solution for seniors who wish to stay in the beautiful place they have called home for so many years. While it is more than understandable that many retirees may perceive renting or downsizing as a more flexible commitment or just the natural course of life, we can’t help but highlight the feasibility of actually staying in the family home. To enjoy the comfort of a beautiful place rich of sweet memories and meaning is fully attainable. Thanks to equity sharing contracts, a homeowner gets a liquid investment into the home in exchange of a portion of its future value. With no deadlines, monthly payments or interest rates, the homeowner maintains complete ownership and gets to enjoy the late years of his life in a place so dear. To learn more visit www.equifi.com.

https://www.washingtonpost.com/business/2021/08/12/retiring-you-may-want-make-homeownership-plan-first/

TOWN SQUARE | Some retirees may plan to sell their current home and pay cash for their next property, but experts suggest looking carefully into the pros and cons of that plan.

08/18/2021

Kids going to college is a major milestone and a big financial commitment too! Whether it’s a private college or a state university, costs are on the rise and many institutions do not account for the wealth stored in the home. If you’re “home equity rich” there’s good news for you! With home equity sharing, homeowners can access untapped liquidity in the home and transform it into a liquid source of funding for life goals like college. This shared equity is not debt, has no interest rates, no monthly payments, and no deadlines. It’s a pure equity solution where the homeowner benefits today from the value of the equity currently trapped under the roof. Only at the time of sale, prepayment or when the homeowner passes away are the proceeds shared. To learn more visit www.equifi.com

https://www.wealthmanagement.com/college-planning/five-things-you-need-know-about-home-equity-and-college-costs

Pricey private institutions are more likely to take a family’s home equity into consideration when fashioning financial aid packages.

08/11/2021

Home equity skyrocketing! Oh yeah. According to the National Association of Realtors, the national median existing-home price hit a record high of $363,300 in June, up from $294,400 a year ago. As a result – based on a Black Knight report published in May – the average U.S. homeowner now has $153,000 in accessible equity. Also, CoreLogic’s quarterly Homeowner Equity Insights report found that altogether, U.S. homeowners have seen their equity soar by a total of nearly $1.9 trillion from the first quarter of 2020 to the first quarter of this year. If you’re thinking of getting some money out, this is the time to do it! You probably already know of traditional debt solutions such as cash out ReFis, HELOCs, HELs etc., but have you heard of shared home equity? This kind of contract is another valuable alternative, and it is debt free! Home equity sharing co-investments are designed to provide you with liquidity in exchange of a future portion of the value of the home, typically at the time of sale. No payment, no interest rates and no deadlines are just some of the great benefits! With so much equity built under the roof, there are many wise ways to deploy some money. With the help of a financial advisor, diversifying the portfolio is one of the smartest moves a homeowner can make. To learn more visit www.equifi.com.

https://www.nytimes.com/2021/08/10/realestate/tapping-home-equity.html

With the values of homes surging, U.S. homeowners have record amounts of equity available to them. Here are a few ways to cash in.