Check your Eligibility

Nada makes home equity access easy and affordable for more homeowners—your equity, your way. Learn more about our most recent eligibility criteria below.

Current Availability

Primary and Investment Homes

Homeowner Eligibility

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Proof of employment, no minimum income requirement
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No asset requirements
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500 minimum credit score
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Nada can record as a junior lien behind your mortgage or in the first position if you do not have one.
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Primary, secondary, and investment properties eligible

Property Eligibility

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Eligible states are AZ, CA, AR, CO, FL, GA, KS, LA, MI, OK, OR, PA, WA
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Appraised value of $175,000 or more
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Maximum investment of 30% of your home value or $500,000 (minimum investment of $20,000)
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Eligible property types are single-family, PUDs, Site Condos, Townhomes, and Multi-family (up to 4 units)

Eligible?

Start your application today.

Current Ineligibility

Foreclosure, short sale, or deed-in-lieu of foreclosure in the last 5 years

Chapter 7 bankruptcy discharged in last 18 months or dismissed in last 3 months

Chapter 11 or 13 bankruptcy discharged and dismissed in last 3 months

Not current on mortgage

Property types such as co-ops, condotels, traditional condos, mobile/manufactured homes, timeshares

Properties zoned for commercial or agricultural use

Properties over 20 acres

Common Questions

Will my credit be pulled?

Nada performs a soft credit pull during the application process. This does not impact your credit score.

Are there restrictions on what I can use the cash for?

No, there are no restrictions. You can use the cash for anything you choose, whether it's home improvements, debt consolidation, investments, or personal expenses.

How do I pay off Nada’s home equity agreement?

You can pay off Nada’s Home Equity Agreement by selling your home, refinancing, or buying out the agreement at any time during the term. Nada can assist you with either selling or refinancing your home to help settle the agreement.

Nada Realty is a licensed Texas Real Estate LLC Brokerage TREC# 9007703. TREC: Information About Brokerage Services | Consumer Protection Notice.

Nada Loans is a licensed Mortgage Company NMLS# 1993600. NMLS Consumer Access.

Nada Loans LLC, NMLS #1993600 currently offers HEAs in the State of Washington NMLS Consumer Access

*The funding timeline may vary and starts once the homeowner submits a completed application along with all required documents, which must be received and verified. The estimated timeframe does not include weekends and is based on the assumption that there are no undisclosed liens, a virtual appraisal using an automated valuation model (AVM) is utilized, and the homeowner has remained current on their mortgage and property tax obligations.