Wealthie allows homeowners to convert home equity into other investable assets, such as an S&P mutual fund, enabling them to diversify their wealth-building capabilities and maximize their return potential.

Wealthie provides homeowners with a funded investment account in exchange for a percentage share of their home’s future value. Unlike traditional financing, there are no additional monthly payments and this is not a loan. You can repurchase your home equity at any time within your term without penalty for early termination. Put simply, Wealthie is entitled to a portion of your home’s appreciation when you sell, refinance, or reach the end of the term, and in exchange you receive other investments, which you select or accept as recommendations, in a Wealthie investment account.

Your term length will either match the maturity date of your first lien mortgage or 20 years from origination, whichever is later, with a maximum of 30 years. When you are ready to repurchase your option, the repurchase amount will be calculated based on the agreed-upon percentage of your home’s future value.

Wealthie allows homeowners to convert home equity by making investments in people’s homes. Unlike with a home equity loan, there are no monthly payments during the term. There are also no income or debt-to-income requirements, and Wealthie has no guaranteed return on the money invested. What you pay to settle the agreement with Wealthie depends on the agreed-upon home equity share and the value of the home at the time of settlement.

Yes! Just notify us of your plan to sell. The sale price should be approximately the current market value and be an arm’s-length transaction.

You do! Wealthie is not added to the title of your property. As the sole owner of the property, you control what happens to your home. You also continue to be responsible for all property taxes, insurance, and maintenance. Wealthie secures its agreement with a lien on your home, which will be subordinate to your existing mortgages.

If a homeowner passes away, Wealthie’s contract and associated investment account is assumable and continues with the co-owner or the estate. Death will not trigger an acceleration of the homeowner’s agreement or cause repayment to come due. The heir of the estate has the same term to pay Wealthie back as the original homeowner through a sale, refinance or another source of funds. Heirs will need to sign an assumption agreement to confirm their understanding of Wealthie’s contract and investment account terms.

Yes, you can use Wealthie’s product for a second home and investment properties. However, leases associated with the rental property cannot exceed the term of the agreement with Wealthie.

A mechanic's lien is a legal claim that ensures builders, contractors, and subcontractors receive payment for work or materials provided during the construction or renovation of a property. If you have a mechanic’s lien on your property, this will need to be satisfied prior to executing a WISE agreement, and evidenced by a lien release from the contractor or company that performed the work.

No, you can remodel your home and make improvements at your discretion and do not need permission from Wealthie. As your investment partner, Wealthie supports home improvements that add value to your home. You maintain full ownership and control over your home, including all decisions about remodeling.