Best Shared Equity

Reviews and Comparisons

A shared equity mortgage is a special mortgage that allows both the lender and the borrower to share in the equity of a home.


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Shared Equity Common Questions

See some common questions and answers below

  • What is Shared Equity Mortgage?

    A shared equity mortgage is a special mortgage that allows both the lender and the borrower to share in the equity of a home. Basically, the lender helps the buyer with closing costs, down payment or part of the purchase price. The lender does not receive money on the property until it is refinanced or sold.

  • How Can Shared Equity Mortgage Help?

    Shared equity mortgages are designed to help people either buy into expensive markets like San Francisco or to allow parents to gift money to their children without incurring tax penalties.


  • Who Should Get Shared Equity Mortgage?

    If you cannot qualify for a traditional mortgage because you live in an expensive area or you do not have a down payment, a shared equity mortgage might be your best option. These loans are generally offered by nonprofit organizations, municipalities, or private investors.

  • How Much Does Shared Equity Mortgage Cost?

    There are no national averages for the costs for shared equity mortgages as they are fairly new and uncommon. Your costs will depend on factors like interest rates and the cost of the house.