Unlock Agreements are provided exclusively by Unlock Partnership Solutions Inc., Unlock Partnership Solutions AO1 Inc., Unlock Partnership Solutions AO2 Inc., and in certain states Unlock Home Equity Solutions Inc., all of which are wholly-owned subsidiaries of Unlock Technologies, Inc. (collectively, “Unlock”) NMLS #2657081, see NMLS Consumer Access for more information.

The applicable Unlock entity enters into the Unlock Agreement directly with consumers and does not act as an agent or broker on behalf of any third-party. No agency relationship shall be formed between any Unlock entity and a consumer pursuant to or in connection with an Unlock Agreement. All Rights Reserved. Other terms and restrictions apply.

1. Each home equity agreement (HEA) is subject to additional individual underwriting review.
2. All transactions are subject to verification of your credit (with a soft credit pull), identity, property value, home insurance, title, and outstanding property liens. Other verifications may be required.
3. Unlock may also require HEA proceeds to be used to clear any pre-existing liens as a condition to close.
4. The following limitations shall apply in all cases: no bankruptcy, foreclosure action, short sale, or deed in lieu within the previous five years; no 90-day delinquencies on any mortgage within the prior 24 months.
5. In most cases, Unlock must be in no greater than 2nd lien position and the property must be clear of any liens deemed unacceptable by Unlock in its discretion.
6. A minimum HEA amount of $15,000 is required on all transactions.
7. Property condition rating, as described in the Uniform Appraisal Dataset (UAD), must be at least C4 or better and properties for which comparable valuations, in the discretion of Unlock, do not exist may be ineligible.
8. Not available in all states.
9. To secure the performance of your obligations under HEA, Unlock will place a lien on your property in the form of either a “performance deed of trust” or a “performance mortgage” depending upon which state the property is located. The lien is terminated when you settle your HEA.
10. Unlock charges up to a 4.9% origination fee and other third party paid closing costs such as appraisal, title, and government fees.
11. The home equity agreement term is 10 years.
12. The timeline to funding of approved HEAs may vary depending on when the homeowner submits a completed application and all supplemental documents are received and verified.
13. An affiliate of Unlock Technologies, Inc., Unlock Home Equity Solutions Inc. d/b/a Unlock and/or Unlock Technologies (“UHES”) has applied for certain licenses which may be pending. UHES does not presently offer home equity agreements in any state where such products must be offered as a licensed mortgage product or any other type of licensed financial product.
14. Please contact us for more information at hello@unlock.com.
15. For additional information please review the Unlock Product Guide.