Highlights

Capitalize On Your Home Equity

Features

• Offers cash for home equity interest.

• Provides 10% to 25% of certified appraisals.

• Needs home buyer's down payment of 10%.

• Requires no payments for five years.

• Carries no charged or deferred interest.

• Bears no risks or indebtedness.

• Solves the problem of home affordability.

• Entails large savings on down payment.

• Reduces mortgage payments.

• Allows the purchase of a better home.

• Results in higher returns on home investment.

• Permits usage of the cash for any purpose.

• Can be paid off at any time.

• Has no prepayment penalty after two years.

• Is callable only after five years.

Criteria

• Existing single-family home, detached and over $400,000, used as primary residence.

• Home price must offer the potential for an annual appreciation of 5%.

• Home must be financed with a single mortgage having a fixed rate for at least seven years.

• Cash requested is to be repaid in addition to a percent of the home price appreciation.

• Approval is required for second mortgages except when needed for payoffs.

Costs

• Origination fee of 5% that is deducted from the cash requested.

• A formulated percent of the net home price appreciation, if there is any.

Copyright © 2011 PayHome Capital, LLC. All Rights Reserved. Patent Pending.