exclusive to equity union

LEVERAGE YOUR HOME EQUITY
TO MAKE IMPROVEMENTS BEFORE YOU SELL
AND DEFER COSTS UNTIL CLOSING.*

equity-boost-white

exclusive to
equity union

LEVERAGE YOUR HOME EQUITY
TO MAKE IMPROVEMENTS
BEFORE YOU SELL AND DEFER COSTS
UNTIL CLOSING.*

NOW YOU CAN RENOVATE YOUR HOME

NOW YOU CAN RENOVATE
YOUR HOME

WITH NO UPFRONT COST

0%

OF HOMES UPDATED WITH EQUITY BOOST SEE AN AVERAGE 20% INCREASE IN SALE PRICE

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OF MILLENNIALS SAY THEY’D SACRIFICE SQUARE FOOTAGE FOR A HOME THAT’S MOVE-IN READY

0%

OF HOMEOWNERS WHO USED EQUITY BOOST SOLD THEIR HOME 72% FASTER ON AVERAGE

0%

OF BUYERS IN TODAY’S MARKET WANT HOMES THAT ARE MOVE-IN READY

Your home

AT ITS HIGHEST POTENTIAL

Equity Boost, Powered by HouseAmp, is a platform that streamlines the prepare-to-sell process. Homeowners can apply for an equity-based loan for home improvements, sale-related expenses, moving costs, and more. Work with your favorite service providers and get them paid fast – all in one easy place!

BEFORE AND AFTER

equity boost before photo 1 equity boost after photo 1

Covered services

With Equity Boost, your loan proceeds can be used for any home improvement project or expense of the sale. Examples include:
STAGING/DECLUTTERING, PAINTING, REPAIRS/MAINTENANCE, ROOM REMODEL, CLEANING/ORGANIZING, LANDSCAPING

How it works

1

Apply for funding

Ask your Launch Real Estate Agent to invite you to the platform, create your account and apply for funding. The application process takes just a few minutes.

2

Start a project

If approved, funds will be available in just a few days and you can create projects and start working with service providers on the platform.

3

Showings

After prepping and pricing, we'll showcase your home to the public, scheduling viewings at times convenient for you.

Do you have questions?

Homeowners can apply for a 24-month open-ended home equity line of credit, which includes an origination fee, a fixed interest rate. The loan allows homeowners to access funds for home improvements and sale-related expenses for a draw period of up to six months. Disbursement of funds within the HouseAmp platform is subject to HouseAmp’s Terms of Use. Repayment of the loan, including the outstanding balance, any accrued interest, and fees, is required either upon the sale of the house or within 24 months of the origination date, whichever comes first. Monthly interest payments will be required if the loan exceeds 12 months. The outstanding loan balance and any unpaid, accrued interest will be due on the 24th month.

Loans are available through HouseAmp’s licensed lending partners. All loans are subject to approval based on lenders’ underwriting criteria.

 

Our program lenders charge an origination fee of 1.99% and other settlement-related fees. For approved borrowers, the origination fee and other settlement-related fees are paid from the line of credit at origination. Borrowers should review their loan agreement for specific details.

Loans are provided by third-party lenders. The lender specifies the fees and terms that are associated with loans they offer.

There is a minimum credit score of 620.

Loan proceeds can be used for improvements to get your home ready for sale and other expenses of sale. Any service providers involved with the sale or improvement of the home can sign up and be a part of the process. The platform supports various services, from improvements to staging to moving and storage costs. A list of service categories is available on the platform dashboard when you create your account.

A list of service categories is available on the dashboard when you create your account.

Any service provider can be invited to create an account on the platform to start working with you on projects. The platform provides service providers with efficient project management, fast and easy payments every Friday, and instant access to funds via ACH electronic deposit. In addition, service providers gain access to the vast Equity Boost homeowner network for referrals and leads. Service providers and others using the Equity Boost platform who are requesting payment from a homeowner’s available loan proceeds are subject to a 3.49% platform fee as described in the HouseAmp Terms of Use. The fee is equivalent to most credit card fees.

Our lenders require a minimum loan of $10,000. The maximum loan amount available is $250,000. All loans are subject to approval and based on available equity in your home.

Yes, pay-later funding is available for pre-listing needs as well as last-minute or inspection related repairs.

YOU COULD BE LEAVING MONEY ON THE TABLE IF YOU SETTLE AND SELL YOUR HOME IN AS-IS CONDITION.

Get a free quote today and see how you can help your clients maximize their biggest investment.

*Loans are available through HouseAmp’s licensed lending partners. All loans are subject to approval based on lenders’ underwriting criteria. Homeowners can apply for a 24-month open-ended home equity line of credit, which includes an origination fee, a fixed interest rate. The loan allows homeowners to access funds for home improvements and sale-related expenses for a draw period of up to six months. Disbursement of funds within the HouseAmp platform is subject to HouseAmp’s Terms of Use. Repayment of the loan, including the outstanding balance, any accrued interest, and fees, is required either upon the sale of the house or within 24 months of the origination date, whichever comes first. Monthly interest payments will be required if the loan exceeds 12 months. The outstanding loan balance and any unpaid, accrued interest will be due on the 24th month.

All Program terms are subject to change based on the credit application and associate lenders in the market.