Unlock provides Home Equity Agreements (HEAs) — you get cash today in exchange for a share of your home's future value. No interest, no monthly payments, no debt.
PickYourBank Rating
9.1
Overall
9.4
Rate
9.6
Fees
9.0
App
9.1
Service
$500K
Up to
$0
Monthly payments
Days
Funding speed
10 yrs
Term
Unlock is a leading provider of Home Equity Agreements — a financial product that lets homeowners access their equity without taking on new debt or monthly payments.
You receive a lump sum today; Unlock receives a percentage of your home's value when you sell, refinance, or buy out the agreement (typically within 10 years).
Founded
—
HQ
U.S.
Charter
FDIC-insured
Reach
Nationwide
Tap home equity
Access cash without refinancing your primary mortgage
Fast funding
From application to funded in days, not months
No hidden fees
Transparent pricing — see every fee upfront
Flexible options
HELOC, HELoan or shared-equity — pick what fits
Here's what Unlock offers and who each product is best for.
Cash today in exchange for future equity.
Up to $500K · No interest · No monthly payments
Quick prequalification with a soft credit pull — no impact on your score.
Verify income, property and equity. Most apps take 10–15 minutes.
An automated or in-home appraisal confirms your property value.
E-sign closing docs and receive funds in days, not weeks.
Yes. Unlock is a licensed lender (or licensed marketplace) operating in the United States, subject to federal and state lending regulations.
No. Prequalification uses a soft credit pull that does not affect your score. A hard pull only happens if you proceed with a full application.
Most borrowers see funds within 5–14 days of approval, depending on the product (HELOC, HELoan, or shared-equity agreement) and your state.
Anything — debt consolidation, home renovations, college tuition, or a major purchase. There are typically no restrictions on how you use the proceeds.
Most products have closing costs (origination, appraisal, recording). The exact fee schedule is disclosed upfront before you sign anything.
If you can't qualify for a HELOC or don't want a new monthly payment, Unlock's Home Equity Agreement is a powerful alternative — just understand the trade-off.
Advertiser disclosure: PickYourBank.com may receive compensation when you open an account through our links. This never influences our ratings or recommendations.
Up to 4.10% APY · zero fees · FDIC-insured banks ranked monthly.
Compare savingsEveryday bankingBig sign-up bonuses, fee-free ATMs, and cash-back debit cards.
Compare checkingBuilt for ownersFree wires, virtual cards, and high-APY business accounts.
Compare businessLock in your rateUp to 4.50% APY · fixed terms 3 mo – 5 yr · FDIC-insured.
Compare CDsPersonal conciergeTell our bot what you need — get tailored picks in seconds.
Chat with AIEarny chats with you like a friend, learns your goals, and pings you the moment a better account, rate, or bonus shows up.
