Sell a fraction of your home equity. No debt, no monthly payments. Spend home equity on the Nada Card
Home equity is earned, just like your retirement and savings. Homeshares unlocks your earned equity, making homeownership more flexible.
Homeshares is not a loan or debt, it’s an investment into your equity. You receive cash today and Nada a share of your equity.
You maintain control over your home. Use your unlocked equity funds for whatever you need— pay down debt, renovate, or invest in your future.
Register to join our waitlist so your home is considered in our next investment period.
Once you submit your application and are granted approval, we will schedule your inspection
Once you’ve agreed to an investment offer for a fraction of your home equity, Nada will finalize paperwork and distribute funds in a few days.
Nada becomes a co-investor in your home while you continue enjoying homeownership. Repay us sometime in the next 10 years—typically when you sell your home or refinance your mortgage.
Homeshares is an investment, not a loan or a debt. We partner with you to share in the up side or the downside of your home value over time. Nada is repaid when you sell, refinance or choose to repay. Our repayment is based upon our share of your home’s appreciation above the Risk-Adjusted Value in exchange for the cash we invest and pay you today.
No. A Homeshare is not a debt and does not show up on the your credit report as a new debt. You receive cash upfront when you agree to a Nada Homeshare investment, in exchange Nada then receives a lien-secured option agreement to share in the upside or the downside of the home’s value over time.
Nada does not dictate how you use your funds. Use your unlocked home equity funds for whatever you need—pay down debt, renovate, or invest in your future.
That’s correct. There are no monthly payments, no accrued interest, and no added debt with Homeshares. When you agree to a Nada Homeshare investment you receive your cash payment upfront, in exchange Nada becomes a co-investor in your home.
Sign up and input your home address on the Nada Home Manager to check if your home is eligible.
Nada receives funding for our Homeshare investments from a variety of investors that share in our vision to unlock real estate wealth for everyone. One of our primary sources of funding comes from our real estate investment funds, “Cityfunds”, where we make it possible for everyone to invest in and own a piece of a top city’s home equity market. Cityfunds investors and homeowners are aligned— everyone shares in the benefits when home values appreciate.
In short, the Homeowner can get their cash faster and earn extra cash back using Nada Pay.
For any homeowner who agrees to a Homeshare investment, they are eligible to receive all their investment cash amount on the Nada debit card and to earn cashback on the full amount.
• Nada Pay is the fastest method to receive funds for Homeowners.
• Nada Pay offers up to 1% cashback (TBD) every time the Homeowner uses their Nada debit card to make eligible purchases of products and service
• Nada Pay offers Homeowner a Referral Reward each time an eligible Referred User creates a Nada bank account by using the Homeowner’s personal invitation code. Referral program coming soon.
Nada is currently making investments up to $50,000 in owner-occupied single family homes. Our investment size is the lesser of either (i) 30% of your home equity, (ii) 10% of your home value, or (iii) $50,000.
You do. You continue to own your home, control your property, and enjoy all of the benefits of being a homeowner. Nada is not considered an owner and does not have rights of occupancy—instead we are an investor.
Yes. Nada’s Homeshare investments are complementary to traditional mortgage loans. It is unlikely your existing mortgage provider will have any issues with Nada’s investment. Additionally, Nada will fully review your existing mortgage documents and terms to ensure there are no issues during the application process.
There are no upfront payments required to apply for a Homeshare. Nada is paid an origination fee of three percent of the cash investment amount the homeowner is receiving. This origination fee is deducted from the homeowner’s cash investment amount as part of the closing process and only paid once a Homeshare investment has successfully closed.
There are additional third-party processing fees that may be deducted from your cash investment amount as part of the closing process. These fees vary based on the complexity, location, and investment size; however, they generally include:
• Title and Escrow: $75 - $600
• Home Valuation (AVM): $100 - $300
• Notary fee: $50 - $100
• Recordation fees: $25 - $100 (charged on a state or county basis)
• Document preparation fee: $50 - $100
Any third-party processing fees will be fully disclosed prior to closing.
Nada has designed the Homeshare qualification process to be simple, stress-free, and without any financial obligation to you or impact to your credit. We evaluate information about you and information about your home, such as:
• Proof of identification
• Proof of homeownership and current mortgage
• Verification of employment
• Soft credit check to evaluate your payment history (this does not
impact credit score)
• Proof of homeowners insurance
• Record of property taxes
• Property inspection