Gain early access to your property equity
Arex FAST will invest in a slice of your property equity, paying you cash today. You can get $5,000-$500,000, depending on your property value and the amount of equity you own. Arex FAST is not added to the title of your property.
Free yourself from monthly payments
Since Arex FAST is investing in your property, there are no monthly payments, ever. In fact, property owners who use a Property Equity Investment (PEI) to pay down their existing debts increase their monthly cash flow by an average of $1,413.
Keep enjoying your property
You maintain control over your property and continue to live or work in it.
Eliminate debt and build a safety net
You can use your unlocked equity for Information Technology (IT) needs, paying down credit card debt, an unexpected expense, fixing up your home, or an investment opportunity.
Repay when it’s convenient
You can buy back your equity any time during the 30-year term, typically via a refinance, property loan, or sale. There is no pre-payment penalty.
Repay in proportion to your wealth
When you exit the contract, your buyback cost will depend on your property value—the cost will be the amount originally received plus a portion of your property’s appreciation since partnering. If your property has appreciated past a certain threshold, your cost will be capped. If your property has depreciated, your buyback cost will be smaller.
Arex FAST might be right for you if...
I’ve been able to pay off some larger bills, re-establish my 401k contributions, set up an IRA, and set up traditional savings account for any rainy day emergencies.
Gloria, Issaquah
You make the minimum payments but you’re not able to really pay down the debt. Next thing you know, you’re in trouble again. There was a point in time when I told my husband, we can’t keep living this way, we’ve got to find a solution, and if the solution meant selling our house...well he just was not ready to sell the house at that time. We got to stay in our property, so he got what he wanted, and I got the debt relief that I was looking for.
Susan, Los Angeles
The process was smooth, and the turn-around was faster than expected. I was very impressed with my representative Ahmad's customer service. Whenever I had a question (and I'm someone who asks a lot of them), he got back to me very quickly and made the answers really easy to understand.
Craig, Seattle
Process
1See if your property qualifies and get an estimate.
Answer a few questions here to get instant pre-approval or denial, and see how much you could get. This takes under a minute, is free, and will not affect your credit.2Have all your questions answered on a call with one of our home equity experts.
We take customer education seriously—we want everyone we partner with to understand how equity sharing works. This is your opportunity to ask us anything!3Fill out an online application and upload required documents.
If you’ve applied for a mortgage, you’ll be familiar with this part, though our customers tell us our process is easier. The information you provide here will help us understand your situation better and possibly improve on our offer.4Schedule a home visit with an independent, third-party appraiser to set your initial home value.
If we decide to invest in your property, we’ll need to determine your starting property value, from which to calculate appreciation. To ensure the process is fair, we work with third-party appraisers that we are unaffiliated with. After the appraisal is complete, we’ll finalize our offer to you.5Receive your funds.
We’ll send a notary to you wherever you are to sign closing documents and then electronically transfer the funds to your bank account. A 3-5% transaction fee, an appraisal fee, and an escrow fee will be deducted from your funds. We’ll file a record of the transaction with your county recorder’s office.6Sell your home or buy back your equity anytime within 30 years.
If you sell your property, Arex FAST is automatically paid from escrow. Customers who aren’t ready to sell typically acquire the funds to repay Arex FAST via a refinance or property equity loan. See our Pricing page to estimate how much Arex FAST might cost.