New plan makes tapping home equity easier

No interest or payments required, just a promise to share future equity

Get Smarter. Grow Your Referral Network.
Limited seating available for Inman Connect San Francisco

Equity sharing was viewed as the biggest negative to early reverse mortgages and it still plagues the reverse industry today. However, a San Francisco-based company is resurrecting the concept of sharing home equity — with no interest, no payments and no age restrictions.

The REX Agreement is not a reverse mortgage, nor is it a loan. It is a financial agreement whereby the homeowner trades a portion of future equity for a cash payment today.