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Equifi Announces Capital Investment From The Palisades Group To Fuel Residential Shared Equity Originations

Sep 14, 2021•almost 4 years ago
San Jose

Description

EquiFi Corporation, a premier provider of shared equity home financing, today announced an agreement with The Palisades Group, a global residential credit and real estate asset manager, to fund its EquiFi Funding Instrument (EFITM) Equity Access product originations. EquiFi brings together homeowners and investors in a unique shared equity contract, allowing both parties to benefit from the future appreciated value of a home. EquiFi offers homeowners financial solutions that are debt free, charge no interest, have no monthly payments, and no fixed term that would force the homeowner to sell or refinance their home.

Company Information

Company

Equi Fi

Location

San Jose, California, United States

About

EquiFi's mission is to transform the way that consumers create and manage wealth starting with their most important asset – their home. Organized as a for-profit Public Benefit Corporation, EquiFi is committed to fairness across its entire homebuying ecosystem. Based on a powerful, proprietary technology platform, EquiFi's Equity Funding Instrument (EFITM) matches consumer housing needs with investor interests. For more information, please visit www.EquiFi.com.