| Client Profile |
At least one owner listed on title must be between the age of 65 and 85. |
| Acceptable Property Types |
Primary residence, secondary residence, residential investment or vacation properties. |
| Option Payment Range |
Typically 8-16% of initial appraised value. |
| Property Value |
$750,000 |
| Property Locations |
See coverage map. |
| Loan-to-Value Ratio |
Varies between 35% and 55% depending upon the amount paid for the option. |
| Occupancy Requirements |
None. |
| Owner Requirements |
All owners listed on title must be valid, U.S. citizens and agree to and sign the EquityKey agreement. |
| Application Deposit |
$300 application deposit. Client will be reimbursed if transaction funds or they are not able to qualify. |
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