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Aspire

4.0

MoneyAtlas

Rating

Pros

  • No monthly payments: The HEI model provides immediate cash without adding a monthly loan payment

  • Flexible qualification: Aspire does not have income requirements

  • Shared risk: Because it's an investment, Aspire shares in the home's loss of value

Cons

  • Unfavorable valuation: Aspire applies a 15% "risk adjustment" to the home's appraisal

  • High minimum amount: The $35,000 minimum investment is higher than many HELOCs