Does Sold & Stay decide whether I qualify?

No. Sold & Stay helps with the first review. The home equity investment provider handles the full application, underwriting, approval, and funding decision.

Plain-English homeowner guide

Home Equity Agreement vs Investment

Home equity agreement, investment, and sharing labels can sound interchangeable. Compare the written terms before you apply.

The address, payoff, and deadline decide whether staying would still work after the numbers are written down.

If a deadline or payment problem is active, confirm the outside options with the servicer, tax office, counselor or attorney before choosing.

The next step should make the tradeoffs clearer: what changes now, what waits for written approval, what costs more each month, and what happens if staying does not fit.

If this guide matches the problem in front of you, put the payoff and decision date beside the cash need, monthly budget, and staying goal before making calls or sharing documents.

Then compare the next written step with one choice that keeps ownership and one choice that moves toward a sale. If neither one lowers the pressure without creating a new payment problem, pause before signing or sending private documents.

The written numbers should make the next choice easier: who owns the home, what payment continues, and what happens if staying does not fit.

A useful comparison has the payoff, deadline, monthly number, and backup housing plan in one place before anyone signs or applies.

Common questions

Is a home equity agreement the same as a home equity investment?

Often, but not always. Both labels usually describe cash in exchange for a share of future home value. The provider, state, fees, title terms, and settlement rules matter more than the label.

Does a home equity agreement require monthly payments?

Many do not require a monthly payment. The provider's return usually comes from a share of the home's future value, not monthly interest. Read the specific agreement because some structures include fees, servicing costs, or other obligations.

What happens at the end of a home equity agreement?

The agreement typically ends when you sell the home, buy out the provider, refinance into another product, or reach a maturity date. The provider receives their agreed share of the current value at that point.

Can I get a home equity agreement with a low credit score?

Credit requirements vary by provider. Many home equity investment providers look at equity, mortgage history, property condition, and state availability, not just credit score. A short review can tell you more than guessing from score alone.