Cash Without Debt
Unlike refinancing your mortgage or taking out a home equity loan, the REX Agreement enables you to convert your equity into cash without incurring debt.* For example, if you received $100,000 in cash from a REX Agreement instead of a 4.5% interest-only home equity loan, you would avoid a monthly payment of $375.
Stop dreaming, start living.
Sometimes debt is not an option, because you just don't want to make another payment every month. With the
REX Agreement, you don't have to put your plans on hold. Change your life today without the worry of a new monthly payment.*
Your home can remodel itself.
You don't have to take on additional debt to remodel your home. With cash from a
REX Agreement, you can have the new kitchen you want today, and you won't pay us anything until you sell your home. What's more, we don't share in any increase in market value due to your remodeling.*
Keep your low rate mortgage - and get the cash you need today.
Were you lucky enough to lock in your mortgage when rates were at their lowest? If rates have gone up, you don't have to give up that low rate loan by refinancing to access the money you need today. You can use a
REX Agreement to cash out a portion of your equity with no interest charges and no monthly payments - ever.*
* During the term of the REX Agreement, you remain fully responsible for all obligations relating to any debt secured by your home, including interest charges and monthly payments. You are also responsible for paying all real estate taxes and hazard insurance premiums, and any other obligations with regard to your home. Certain conditions may apply when you remodel your home.