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.

Prequalifying won't impact your credit score.

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10M+

Customers

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Years in business

$2B+

Cash paid out

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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

Simple qualification
Answer a few simples questions on how to get in touch with you.
Get A Free estimate
A specialist will call you to go over your situation and review your options.
Receive your funds
If approved and finalized, you will receieve a lump sum payment.
Flexible timing
You have up to 10 years to decide how and when you pay off your Cashout
Ownership
You maintain title and continue living in your home throughout the term.
No interest charges
Avoid compounding interest costs typical with loans.
Simple qualification
Often easier to qualify for than conventional financing.
Tax advantages
Funds received are typically tax-free (though consult your tax advisor).
No foreclosure risk
You cannot lose your home for non-payment as with traditional loans.
Ownership
You maintain title and continue living in your home throughout the term.
Let’s get to know you a little better

Why get a Home Equity Cashout?
Because life happens.

Use up to 20% of your home’s value to help you cover whatever you need:

Use 20% of your home’s value to help you cover whatever you need:

Credit card repayment
Home improvements
Student loans
Starting a business
Emergency funds
Credit card repayment
Home improvements
Student loans
Starting a business
Emergency funds

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

info Min. $200,000 Max. $2,000,000

$

Cashout amount you are seeking

info

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

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Your Final Home Value

${final}

This would be your home's value in year {year} with {rate_text}.

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Homeowner’s Share

${home}

Continue to enjoy all the benefits of home ownership! You would retain {home_percent} of your home's value.

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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

Explore Articles

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•

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Can I Take Equity Out of My House Without Refinancing?

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Can I Pay Off a Home Equity Agreement Early?

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Jan 3, 2025

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4 min

What To Do If Denied a HELOC 

There are several steps you can take to understand why you were denied, improve your financial standing, and explore alternative financing options like a Home Equity Agreement (HEA)....
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•

5 min

Home Equity Agreements vs HELOCs

Home Equity Agreements (HEAs) and Home Equity Lines of Credit (HELOCs). While both allow homeowners to access their home's value, they function quite differently and serve distinct purposes....

FAQs

What is a Home Equity Cashout?

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.

Do I qualify for a JG Wentworth Home Equity Cashout?

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.
What states is JG Wentworth’s Cashout available in?

Florida, Michigan, New Jersey, New York, Ohio, Pennsylvania, California, Georgia and Illinois.  We are continuing to expand in other states so stay tuned. 

When do I need to repay JG Wentworth?

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.

Is a Home Equity Cashout a second mortgage?

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.

1In 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.

Home Equity Cashouts are originated by JGW Residential. LLC (NMLS ID # 2669687 in CO, GA, IL, and WA) NMLS – Consumer Access – Company

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. Licenses.

Your entered value is significantly different from our estimate. You can adjust it for accuracy, or continue as is.

Update home value
Keep current value

FYI, this option
requires collateral

This could include items you own such as
Your vehicle
Housing fixtures
Using collateral can boost your approval chances and/or ability to secure a lower APR. Would you like to continue?
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