Many or all companies we feature compensate us. Compensation and editorial research influence how products appear on a page. Home Equity Home Equity Investments Noah Competitors and Alternatives Updated Nov 03, 2024 2-min read Written by Aly Yale Written by Aly Yale Expertise: Home equity, mortgages, real estate Aly Yale is a freelance writer with more than a decade of experience covering real estate and personal finance topics. Learn more about Aly Yale Before going out of business in 2023, Noah offered home equity investments to homeowners so they could turn their equity into cash. The company also offered down payment assistance for new homebuyers. Several companies still offer investments like Noah’s and others offer alternative financing, which we’ll review below. CompanyBest for…Rating (0-5) Best HELOC 4.9 View Rates Best for flexible qualification 4.8 Free Quote Best repayment structure 4.5 Free Quote Noah competitors For comparison purposes, we’ve listed the terms of Noah’s investment agreement before the company went out of business so you can see how it compared to its competitors. NoahHometapUnlockOur ratingN/A4.8/54.5/5Credit score580+500+550+Min. investment$30,000$15,000$30,000Max. investment$500,000$600,000$500,000Term length10 years10 years10 yearsPrequalifyPrequalify Hometap Cash Estimate Investments from $15,000 to $600,000Highest customer reviews of all home equity investment companiesNo out-of-pocket costs What makes it a good alternative to Noah? Hometap is a co-investment company based in Boston. Homeowners can get a lump sum payment from $15,000 to $600,000, which is a wider range than what Noah offered. While the company encourages homeowners to have credit scores of 600 or higher, it technically allows for scores as low as 500, making it a good option for homeowners with poor credit. Unlock Cash Estimate Investments from $30,000 to $500,000Only company that allows partial buy-out paymentsDoesn’t share in the value added from home improvements What makes it a good alternative to Noah? Unlock is another Noah competitor you might consider when cashing in on your home equity. The company offers investments between $30,000 and $500,000. The biggest benefit of Unlock over other equity investment companies is that it allows homeowners to make partial payments throughout the 10-year term instead of having to make one lump sum payment. This could make buying out Unlock’s position more manageable. Unlock also has a lower credit score minimum than Noah. With Unlock, you can qualify with scores as low as 550. Noah’s minimum is higher at 580. Noah alternatives Home equity investments aren’t your only option for leveraging the equity you’ve built in your property. There are also other financial products you might consider when turning your equity into cash. Here’s a look at how Noah’s product would compare to HELOCs and home sale-leasebacks. NoahFigureTrueholdProductInvestmentHELOCHome sale-leasebackCredit score580+640+NoneMin. funding$30,000$15,000NoneMax. funding$500,000$400,000$750,000Term length10 years5 – 30 years6 – 24 monthsPrequalify Figure View Rates Receive your funds in as little as five daysThe entire application process is completed onlinePrequalification doesn’t impact your credit What makes it a good alternative to Noah? Figure is an online lender that offers a variety of financial products, including home equity lines of credit (HELOCs). If you don’t want to lose out on some of your home’s appreciation, a HELOC is a better choice. Figure can be a good option if you’re looking for fast funding. The company offers funding in as few as five days if you can sign the contract online. It’s also more widely available than Noah (only a handful of states are excluded), and you can choose from multiple term lengths.