Unison Mortgage Reviews

Unison Mortgage is a division of Unison Investment Management, a San Francisco-based company. It aims to help homeowners tap into their home equity for cash without having to sell their property. The company prioritizes offering loans with low monthly payments, featuring interest-only options and below-market interest rates. Investors fund these low-interest loans and, in return, they receive a portion of the home's future appreciated value.

You can apply for an equity sharing home loan 100% online or by calling Unison Mortgage. You can also get a free payment estimate without a hard credit check. Just enter your property address, current home value, mortgage balance and FICO score range into the online form.

Unison Mortgage will send you a payment estimate based on preliminary factors. If you decide to move forward with a loan application, the company will conduct a hard credit check.

Unison Mortgage application features

As of July 2025, Unison Mortgage offers a starting rate of 4.93% (5.38% APR) on its equity sharing home loans. Keep in mind that rate offerings are based on your credit, income, loan amount and market conditions.

Unison Mortgage is able to offer lower-than-average rates because of its equity sharing model. You agree to share part of your home’s appreciated value in the future in exchange for a lower rate today.

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Unison Mortgage offers one mortgage product: an equity sharing home loan. It’s similar to other home equity loan products in that you can borrow money from the equity in your home for a variety of purposes, like consolidating high-interest debt or paying for home renovations.

However, the key difference with an equity sharing home loan is that you agree to pay Unison Mortgage a portion (or percentage) of your home’s appreciated value when the loan term expires in ten years.

Here’s how it works: During the loan term, you’re responsible for making interest-only payments. At the end of the 10-year loan term, you’ll need to repay the principal (how much you originally borrowed) and the share of the home’s appreciated value (up to a predetermined limit), as well as the deferred interest over the loan term.

The company states on its website that its share is typically 1.5 times the percentage you borrow. If you borrow 10% of your home’s current value, then Unison will receive 15% of the appreciated value in 10 years, even if you don’t sell your home.

Other features of an equity-sharing home loan from Unison Mortgage include:

• 10-year terms
• Fixed interest rates
• No prepayment penalties
• Access up to 35% of property value
• Interest-only payments
• Access up to $400,000 in equity

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Unison Mortgage publishes the following borrower requirements:

• Minimum FICO score: 680
• Maximum debt-to-income ratio: 40%
• Maximum loan-to-value: 70%

In addition, only certain property types (single-family, townhomes and condos) are eligible for equity sharing home loans. The financed property must be an owner-occupied (not a rental) primary residence.

Unison Mortgage states on its website that it charges a 3% origination fee. Also, the borrower is responsible for paying other closing costs for credit reports, home appraisal, escrow and recording fees. In total, closing costs can account for between 2% and 5% of the loan amount.

Before closing on the loan, be sure you’ve read through the terms and understand the closing costs. All fees should be disclosed in the Loan Estimate document that you’ll receive at least three days after submitting an application. Keep in mind that certain loan terms, like the equity sharing percentage, may be negotiable.