Point
4.0
4.0
MoneyAtlas
Rating
Pros
No monthly payments: Access cash now with no payments due for up to 30 years
Flexible qualification: 500+ credit scores and no income requirement advertised
Early payoff options: You can repay anytime within the 30-year term with no prepayment penalties
Cons
Fees and closing costs: Up to a 3.9% processing fee plus appraisal, escrow, and government fees