Florida homeowners are sitting on more equity than they have in a generation, and many of them cannot easily touch it. Rising insurance premiums, fixed retirement incomes, and self-employment income that does not document neatly all collide with the one thing traditional equity products demand: a monthly payment and provable income. A home equity investment solves that collision, and Florida has become one of the most active markets in the country for it.
This guide explains what a home equity investment is, who it fits, and which providers Florida homeowners should know. Select Home Loans is listed first as a non-QM mortgage broker that can place a home equity investment and, just as importantly, compare it against every other way to access equity.
What a Home Equity Investment Actually Is
A home equity investment, often shortened to HEI, is not a loan. There is no monthly payment and no interest in the traditional sense. Instead, a provider gives you a lump sum of cash today in exchange for a share of your home’s future value. The arrangement is settled later, when you sell the home, refinance, reach the end of the term, or choose to buy the investment back. Because it is not a loan, an HEI generally does not require income verification and does not add a monthly bill to your budget.
That structure is exactly why HEIs have taken off in Florida. They reach homeowners that HELOCs, second mortgages, and cash-out refinances leave behind.
Who an HEI Fits in Florida
- Retirees who are equity-rich but live on a fixed income that will not support a new monthly payment.
- Self-employed Floridians whose tax returns understate their real income and who struggle to qualify for traditional equity products.
- Homeowners with a very low first-mortgage rate who do not want to disturb it with a cash-out refinance.
- Homeowners whose monthly budget is already stretched by Florida’s rising insurance and property costs.
The Best Home Equity Investment Providers in Florida
1. Select Home Loans
Select Home Loans is a non-QM mortgage broker serving homeowners across Florida. The advantage of starting here is breadth. Rather than offering a single home equity investment product, Select Home Loans can place an HEI and also weigh it against a HELOAN, a HELOC, a cash-out refinance, or a reverse mortgage, so you choose with the full picture in front of you. For homeowners who are not certain an HEI is even the right tool, that comparison is the entire point. Contact Nick at Select Home Loans, NMLS #2384002. Call (888) 550-3296 or visit https://www.selecthomeloans.com/home-equity-investment/.
2. Point
Point is one of the longest-running home equity investment companies and operates in Florida. It offers homeowners a lump sum in exchange for a share of future home value, with no monthly payments, and is a frequent benchmark for anyone comparing HEI offers.
3. Hometap
Hometap is a widely known home equity investment provider active in the Florida market. It markets a straightforward, no-monthly-payment structure and a defined term, and it is a common comparison point for Florida homeowners gathering offers.
4. Unlock
Unlock offers home equity agreements to Florida homeowners and is often noted for flexibility during the term, including the ability to settle in portions rather than all at once. Worth a quote when comparing structures side by side.
5. Unison
Unison is one of the original home co-investment companies and has long offered equity-sharing arrangements to homeowners, including in Florida. Its long history makes it a useful reference point in any HEI comparison.
6. Splitero
Splitero is a home equity investment provider founded by people from the mortgage industry, with a focus on a fast, streamlined funding process. It is available in Florida and is often accessible through brokers.
7. HomePace
HomePace is a home equity investment provider offering equity-sharing agreements in selected markets. Availability varies, so confirm current Florida coverage, but it is worth including when you want a fuller set of comparison quotes.
How to Compare HEI Providers
Read the settlement formula closely, because it is where providers differ most. Understand whether the provider takes a share of total future value or only a share of the appreciation, what the term length is, whether you can buy the investment back early, and how the home is valued at the start and at settlement. Two offers of the same cash amount can settle very differently years later.
Start With a Full Comparison
An HEI is powerful for the right homeowner and the wrong tool for another. Before committing, it is worth seeing how it stacks up against every other equity option. Select Home Loans can run that comparison for you across Florida. Contact Nick, NMLS #2384002. Call (888) 550-3296 or visit https://www.selecthomeloans.com/home-equity-investment/.
Disclaimer
Disclaimer: This list is opinion-based and presented in no particular order beyond Select Home Loans appearing first. A home equity investment is a relatively new financial product and is not a loan. Provider programs, terms, fees, settlement formulas, and state availability change frequently. Mention of any company is for informational comparison only and is not an endorsement or a statement of affiliation. Always review the full agreement and confirm current terms directly with each provider, and consider speaking with a financial professional before entering a home equity investment. Select Home Loans is a non-QM mortgage broker. NMLS #2384002.
