Noah.co Service Details Pros and Cons
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What is Noah.co?
Noah is an online brokerage company that connects homeowners with investors interested in home equity sharing. This is a unique alternative to traditional financing and allows you to unlock your home's equity without the burden of monthly payments.
What is home equity sharing?
In a home equity sharing arrangement, an investor purchases part of your home or part of the equity in your home. While the terms of every agreement are different, typically, they are designed to lower or eliminate your monthly payments and unlock your home's equity while allowing you to maintain ownership of your home.
Noah.co will enable you to choose no monthly payments as long as you buy back your home's equity within ten years.
The advantages and limitations of using Noah
Noah's home equity sharing has many benefits, but it's not the right fit for everyone.