Swiched created an easy way for homeowners to access their home equity without additional debt or monthly payments ever.

Swiched provides an up-front cash payment in exchange for a portion of your home’s future value. You then settle with Swiched at anytime up to 10 years or automatically with proceeds from a sale or refinance.

You don’t need perfect credit to qualify. Swiched has no DTI requirement and can qualify many non-traditional sources of income.

There’s no catch. Many homeowners have saved up significant home equity in their property but have few ways to easily access it.

A Swiched Home Equity Agreement is not a loan and does not charge interest.  There are no regular monthly payments ever. Instead your payment is based on your homes market value in the future. Use our pricing tool to see what a Swiched Home Equity Agreement could cost: Pricing Tool Here

Swiched charges an origination fee of up to 4.9% that can be included in your investment. There may be associated third-party closing costs for valuations, inspections and recording which will vary based on home specific criteria. 

Pricing may vary based on homeowner credit score and history, total debt secured by the property, property condition and property use. To see sample pricing and different scenarios use our pricing tool.

Swiched uses a third-party valuation to determine your home value. Most valuations are fully digital using automated valuation models (AVMs). Depending on your application we may also order a third-party appraisal from a licensed appraiser in your state.

No, you remain the owner of your home. Swiched does not become an owner in the home or have any rights to ownership. Swiched may go on title in rare circumstances.

Step 1 – Plan: Plan your home equity agreement with your loan officer or Swiched specialist
Step 2 – Estimate: Get your Swiched estimate: Get your estimate now. Applications are no obligation application and we do not use a hard credit pull.
Step 3 – Apply: Upload supporting documents and get your home valuation
Step 4 – Approved: Review your Final Investment Statement and schedule closing
Step 5 – Funding: Sign your closing documents and funds are disbursed to you

We offer funding up to $500,000.

The use of proceeds is not restricted. Swiched can be used to unlock home equity for any use including paying off other debt, home improvement projects, car purchases, starting a business or anything you want.

We verify your current income. We can qualify many types of non-traditional income.

The documents required will depend on your specific circumstances and application. Common documents that may be required for your approval include, ID documents, proof of income, and proof of home insurance.

Yes, second homes and investment properties may qualify. Additional guidelines and documentation requirement may apply.

Properties owned in an LLC may be eligible. Additional guidelines and documentation requirement may apply. 

Properties held in trust are not eligible

Yes, you may be eligible. You may be required to pay off your reverse mortgage or shared equity agreement before or during the closing of a Swiched home equity agreement.

Swiched uses a soft credit pull which does not have any impact on your credit score or credit report.

Swiched has a minimum 550 FICO qualifying credit score requirement. Your credit score is one of many determining factors in the pricing and approval. Pricing and approval conditions are subject to change due to changes in the market and are not based on your credit score alone.