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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.
10M+
Customers
30+
Years in business
$2B+
Cash paid out
You could get a Cashout of $25K or more
Fast, efficient and intuitive process, led by our experts:
Get Cash upfront
Pre-qualify in seconds. You own and enjoy your home - we receive a share of your home’s future value.
Flexible timing
Breathe easy—you have up to 10 years to decide how and when you pay off your Cashout.
Use it for what you need
Pay down debt—or use the cash to pay for anything you need. There are no monthly payments.
Pay it off when you are ready
There are no prepayment penalties and you can make partial payments at any time.
How a Home Equity Cashout works
Answer a few simples questions on how to get in touch with you.
A specialist will call you to go over your situation and review your options.
If approved and finalized, you will receieve a lump sum payment.
You have up to 10 years to decide how and when you pay off your Cashout
You maintain title and continue living in your home throughout the term.
Avoid compounding interest costs typical with loans.
Often easier to qualify for than conventional financing.
Funds received are typically tax-free (though consult your tax advisor).
You cannot lose your home for non-payment as with traditional loans.
You maintain title and continue living in your home throughout the term.
Why get a Home Equity Cashout?
Because life happens.
Use 20% of your home’s value to help you cover whatever you need:
It’s your money. Why wait for it?
Discover the worth of your home with our easy-to-use valuation tool. Get insights into your property's market value today!
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
${jgw}
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 4.99% 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.
Home Equity Cashout vs HELOC
Home Equity Cashouts deliver speed and certainty for homeowners seeking more flexibilty
Cashout
(Home Equity Cashout)
You get to access the equity you’ve accumulated in your home without monthly payments, even if you don’t have perfect credit.
HELOC
(Home Equity Line of Credit)
Revolving credit line secured by your home with required monthly payments.
Key differences:
Details
Repayment
No income requirements
Flexible Payback
Impact on ownership
Qualification
Amortization
Home Equity Cashout
No monthly payments
Fixed percentage of future home value
Up to 10 years to repay
Maintain ownership
Focuses on home value and equity
None
Home Equity Line of Credit
Monthly principal and interest payments.
Charges interest on borrowed amounts
Draw period (5-10 years) and repayment period (10-20 years)
Maintains full ownership but creates a lien
Requires strong credit score and DTI ratio
Significant
Repayment
HEI (Home Equity Investment)
No monthly payments
HELOC (Home Equity Line of Credit)
Monthly principal and interest payments.
Cost structure
HEI (Home Equity Investment)
Takes a percentage of appreciation
HELOC (Home Equity Line of Credit)
Charges interest on borrowed amounts
Time frame
HEI (Home Equity Investment)
Typically due in 10-30 years
HELOC (Home Equity Line of Credit)
Draw period (5-10 years) and repayment period (10-20 years)
Impact on ownership
HEI (Home Equity Investment)
Gives up partial ownership stake
HELOC (Home Equity Line of Credit)
Maintains full ownership but creates a lien
Qualification
HEI (Home Equity Investment)
Focuses on home value/equity
HELOC (Home Equity Line of Credit)
Requires strong credit score and DTI ratio
Risk
HEI (Home Equity Investment)
No foreclosure risk
HELOC (Home Equity Line of Credit)
Can result in foreclosure if payments missed
FAQs
A Home Equity Cashout from JG Wentworth enables you to access the equity you’ve accumulated in your home without monthly payments, even if you don’t have perfect credit.
The idea 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.
To qualify you must meet the following criteria:
- Your home needs to be in an approved market area, and it should be worth over $150,000.
- You need to have sufficient percentage of the equity in your home, usually at least 25%.
- You should have a minimum credit score of 600.
- You don’t have any recent bankruptcies or foreclosures.
- Your home is of a qualified property type—i.e., a Single Family Home (1 unit), Condo, Townhome, 2-4 Unit residence, or planned unit development.
Florida, Michigan, New Jersey, New York, Ohio, Pennsylvania, California, Georgia and Illinois. We are continuing to expand in other states so stay tuned.
After receiving your funds, you have up to 10 years to settle the Cashout. This can happen in two ways:
- If you sell your home, we will receive our portion of the proceeds from the sale or
- You can settle the Cashout with other funds—for example, by obtaining a home equity loan, refinancing your mortgage, or using personal savings.
By using some of their 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. In fact, it’s designed to help people who might not qualify for a second mortgage. However, it does create a lien on your property that must be satisfied when you sell or refinance.
