Pursuant to the Fair Credit Reporting Act (FCRA), I hereby provide my written instructions and authorization for J.G. Wentworth to obtain a consumer report on me. I understand that J.G. Wentworth has a permissible purpose under the FCRA to request and review my consumer report in connection with a financial transaction. I acknowledge that this request for a consumer report is being made in accordance with my explicit consent and instructions as required under the FCRA.
Home Equity Cashout Calculator
See what a Home Equity Cashout could look like for you. Enter your home’s current value and select a year.
Your home's current value
Min. $200,000
Max. $2,000,000
$
Cashout amount you are seeking
Min. $15,000
Max. $65,0000
$
Expected home appreciation
Select an exit year
Homeowner's Share
JG Wentworth's Share
Exit Year
Homeowner's Share
JG Wentworth's Share
Exit Year
Your Final Home Value
${final}
This would be your home's value in year {year} with {rate_text}.
Homeowner’s Share
${home}
Continue to enjoy all the benefits of home ownership! You would retain {home_percent} of your home's value.
JG Wentworth's Share
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This amount can be compared
to an annual interest rate of {rate}.
Note that Home Equity Cashouts are not loans and there are no monthly payments!
Amount you receive represents gross investment proceeds. Transaction expenses and an origination fee of 4.9% will be deducted at closing. Transaction expenses include appraisal, title, credit and escrow fees paid to third parties and may vary depending on property specific factors. The above estimate is for informational purposes only. This estimator is for informational purposes only. Not available in all states. Terms and conditions apply.
See how a Cashout stacks up
Home Equity Cashouts deliver speed and certainty for homeowners seeking more flexibilty
Cashout
HELOC
Reverse Mortgage
Personal Loan
No monthly payments
No payments for up to 10 years
No income requirement
500+ credit scores accepted
No need to pay off first mortgage
Maintain ownership of your home*
In the event of an uncured default JGW has the right to become co-owners of the property, to declare the payoff amount immediately due, and to sell or foreclose on the property, among other rights.
Cashout
HELOC
No monthly payments
No payments for up to 10 years
No income requirement
500+ credit scores accepted
No need to pay off first mortgage
Maintain ownership of your home*
In the event of an uncured default JGW has the right to become co-owners of the property, to declare the payoff amount immediately due, and to sell or foreclose on the property, among other rights.
FAQs
JG Wentworth’s Home Equity Cashout enables you to access the equity you’ve accumulated in your home without taking on new debt.
The concept is simple: JG Wentworth gives you a lump sum of cash today in exchange for a percentage of your home’s future value later.
If you’re looking for a way to access your home’s equity, but don’t have perfect credit, want to avoid the stress of more monthly payments, and don’t want to sell your home—a Home Equity Cashout may be right for you.
- Your home needs to be in an approved market area, and it should be worth over
- You need to have sufficient percentage of the equity in your home, usually at least 25%.
- You should have a minimum credit score of 500
- You don’t have any recent bankruptcies or foreclosures.
- Your home is of a qualified property type, i.e. Single Family Home (1 unit), Condo, Townhome, 2-4 Unit, and PUD.
After receiving your funds, you have up to 10 years to pay off the Cashout. This can happen in two ways:
- If you sell your home, we will receive our portion of the proceeds.
- You can pay off the Cashout with other funds—for example, by obtaining a home equity loan, refinancing your mortgage, or using personal savings.
Many homeowners target paying off their Cashout within 3-4 years to benefit from this lower Payoff percentage, providing an effective discount. By using Cashout funds to pay down debt and bills, clients can often improve their credit profile and become eligible for a home equity loan in just a few years—and then can use those funds to pay off the Cashout early.
No, it’s not a mortgage or loan. However, it does create a lien on your property that must be satisfied when you sell or refinance
Home Equity Cashouts are originated by JGW Residential. LLC (NMLS ID # 2669687 in CO and GA) (NMLS Consumer Access hyperlink).
A Home Equity Cashout is not a traditional loan and does not require monthly payments. However, it involves a future financial obligation based on the value of your home at the time of sale or another triggering event. Product classification may vary by state, and in some jurisdictions, this agreement may be considered a reverse mortgage or credit obligation. Please consult with a licensed advisor or attorney to understand how this product may be treated under local law.