James Jorgensen
GBToo Much Documentation Noah requires as much documentation as a HELOC or 2nd. mortgage lender. Better off to simply apply for a HELOC and avoid giving a large amount to a shared equity lender like Noah.
Marvb67
GBThis was a phenomenal experience This was a phenomenal experience! Working with my agent Sang was care-free and expedient. She was extremely knowledgeable and was always available to answer questions and point me in the right direction so we could get this deal done. As a concept for helping people out financially, I can't say enough about how Noah was able to give me a chance to get out of my bad financial situation due to the Pandemic, and back on my feet and moving forward. Thank you, thank you, thank you from the bottom of my heart, you not only helped me but my family as well.
Daniel Williams
GBOur experience to date is very positive.... Our experience to date is very positive. We spoke with Sang and she was very helpful, courteous and knowledgeable. We are going to wait till next year to complete our transaction with Noah because of personal reasons, but we will look forward to the process with Sang next year. Thank you..
MARTIN
GBShared Equity Option This relatively new financing option can work well, for individuals who can take out a reverse mortgage, but for various reasons, choose not to. In my case I took a $100k option, paid off all my loans, painted inside, and out, put in a new kitchen and remodeled a bath, and still had funds left over. I used the remainder for improving the stock in my business, and I can pay off this equity share, at 10 years, or less, plus equity gain/loss. I think the real benefit of this type of asset share is you maintain control of your house, have money to maintain it, and have options at the end.
Blue
GBFelt like my time was wasted Felt like my time was wasted. Was told to go through the entire application process only to get denied when they already knew the debt to value on the home. Don't see any benefit to using a service with the same qualifications as a standard refinance.