Nada

Nada is a fintech and investment platform focused on unlocking wealth within the home equity market. They offer a Home Equity Agreement (HEA) product that allows homeowners to trade a portion of their equity for cash without monthly payments, in exchange for an investor gaining an interest in the home's future appreciation. Their model aims to make real estate investment accessible and efficient for both homeowners and investors.

Founded on the principle of simplifying the financial system around real estate, Nada strives for transparency and simplicity in its products. They offer HEAs up to $500,000, not exceeding 75% of the home value, and allow homeowners flexibility in how they use the funds. Payoff options include refinancing, selling the home, or buying back the equity share.

Nada emphasizes responsible homeownership and has specific eligibility criteria, including a minimum credit score of 500 and acceptable property types such as single-family homes, townhomes, and multi-family units (up to 4 units). They operate in several U.S. states and aim to provide a mutually beneficial agreement that aligns the financial goals of homeowners and investors.