NestWorth Equity Advantage Agreement FAQs
Downloadable pdf version | Equity Advantage Presentation | Video Featuring Maggie and Rob Black
What is Equity Advantage?
Equity Advantage is a financial tool for mature homeowners seeking to stay in their home while
benefiting financially from the equity they have accumulated. Equity Advantage is NOT a loan and there
are never any interest charges.
Top
How Can An Equity Advantage Agreement help a homeowner?
Equity Advantage enables qualified homeowners to receive generous interest free monthly payments
for a term of their choosing (from 5‐20 years). Equity Advantage participants can begin receiving
payments without incurring set up fees or closing costs of any kind.
Top
How Long Does an Equity Advantage Agreement last?
Homeowners have the freedom to remain in their home, with title remaining in their name, until they
choose to sell the property.*The homeowner is in control of when to sell their property and can choose to live there for their lifetime, regardless of when the payment term ends.*
Top
What is the cost of Equity Advantage?
NestWorth will receive a share of the proceeds when the home is sold; this is called the NestWorth
share. The NestWorth share consists of a scheduled dollar amount that is specified in the agreement. If
home prices in the area where the home is located increase then the NestWorth share will increase.
Area home prices are measured by the Standard and Poor’s Case Shiller Housing Price Index.
Top
Why would a homeowner choose to use an Equity Advantage Agreement?
Many homeowners today have large adjustable rate mortgages that are recasting yet have no way to
refinance the debt into a more manageable form. Others have been impacted by lower than expected
income streams for various economic reasons.
Equity Advantage offers homeowners a way to access a considerable amount of their equity by receiving
interest free monthly payments from NestWorth. Receiving these funds can close the gap between
decimated securities portfolios ‐and their weak earnings‐ and rising cost of living/mortgage obligations.
This can be accomplished without selling their family home or having to settle their current mortgage or
equity line debt.
With traditional and reverse mortgage adjustable‐rate loans, the homeowner accepts the risk of rising
interest rates that can adjust annually or monthly. This concern can be compounded by low or no
appreciation.
Top
What the Nestworth Equity Advantage basics?
Top
What are the geographic areas that qualify?
California: San Francisco Bay Area; Southern California the following counties are eligible San Diego, Santa Barbara, Orange, Ventura and parts of Riverside and Los Angles County.
Washington: Counties: King, Pierce, Kitsap, Snohomish, Island, Skagit, Skamania, Cark & Spokane
Oregon: Counties: Multnomah, Clackamas, Hood River, Washington, Deschutes, Jackson & Yamhill
Top
*If you have an interest in obtaining an Equity Advantage agreement for yourself, a friend, family member or a client, please request complete information on the terms of an Equity Advantage agreement from your NestWorth representative. This sheet is meant as a general overview and introduction piece only. Occupancy and other restrictions apply.If you have more questions or you want a further explanation, feel free to contact Maggie or call 800 684 9438.
