Haus home buying and refinancing is a unique alternative to the traditional mortgage process. They work with hundreds of lenders to make the process of getting financing more straightforward and more flexible.
While Haus can help you connect with traditional and nontraditional financing options, it is best known for its co-investment option. When you work with Haus, one of their partners buys part of your home’s equity, allowing you to reduce that amount you owe. This makes home financing more affordable but has some drawbacks.
If you choose the co-investing option, you are effectively selling a portion of your home to an investor. There are both pros and cons to this strategy.
Haus.com offers payments of up to 30% lower than traditional mortgage types.
Refinancing with Haus gives you instant access to the equity in your home, so you can use it for whatever you’d like.
People who are self-employed or live off of financial investments may have a more challenging time showing proof of income. Haus.com’s partners are more flexible than traditional lenders.
If the value of your home goes, you will be responsible for that cost when you buy back your equity.
Investors may not be willing to buy as much of your equity as you might receive if you took out a home equity loan.
Get a cash offer in as little as 24 hours from an iBuyer