Unison offers a product to help individuals and investors access equity in residential real estate. Its business model is designed to provide flexible financing options that allow customers to access the wealth stored in their homes or to invest in real estate. Unison’s mortgage terms vary depending on the specific product and the customer’s unique situation. However, in general, the company offers long-term financing with no monthly payments or interest charges and the ability to use the money however you see fit.
In terms of requirements, Unison generally requires a mid-FICO score of at least 620 and has credit score, loan-to-value, and debt-to-income guidelines that vary depending on the customer’s credit score. Overall, the terms and requirements offered by Unison seem to meet market standards and provide a relatively good option for those looking to access equity in their homes or invest in real estate.