FAQ

At Leap, we believe knowledge is power, so we hope this section provides you with valuable information that helps you reach your housing goals. Let us know what else you'd like answers to. We're here for you.

FAQ

At Leap, we believe knowledge is power, so we hope this section provides you with valuable information that helps you reach your housing goals. Let us know what else you'd like answers to. We're here for you.

What is a Home Equity Agreement (HEA)?

Are Home Equity Investments (HEIs) and Home Equity Agreement (HEAs) the same?

How is a Leap Home Equity Investment different from a reverse mortgage?

Can Leap work with me if I have a reverse mortgage or another shared equity agreement?

How do homeowners qualify for a Leap Home Equity Investment?

In which states is Leap available now?

What types of property are eligible for a Leap Home Equity Investment?

How is my property's value determined?

What happens if my home value decreases?

When and how is Leap paid?

Can I repay Leap before the end of the term?

Are there really no monthly payments associated with Leap?

How much does Leap cost? For example, are there fees associated with a Leap investment?

Are there any restrictions to what I can do with Leap funds?

How are bonds linked to mortgage rates?

How does Leap make money?

How does Leap's technology help eliminate potential bias in the HEA process?

If your question isn't addressed in our FAQ please feel free to Contact Us and we'll be happy to help!

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