# Frequently Asked Questions

## What do I need in order to qualify for a Unison equity sharing agreement?

Generally speaking, applicants need a mid-FICO score of at least 620. Depending on credit score, loan-to-value (LTV) and debt-to-income (DTI) guidelines vary. Applicants with excellent credit can have a maximum LTV of 70%. The allowable LTV and DTI goes down as credit score goes down.

In order for us to evaluate your specific situation, we would need you to submit an application.

## Questions

- [What is an Equity Sharing Agreement?](/content/faqs/question/esa-overview/index.html)
- [How much funding is available?](/content/faqs/question/esa-funding-amount/index.html)
- [How long is the term and what happens at the end?](/content/faqs/question/esa-agreement-end/index.html)
- [If I partner with Unison, who owns the home?](/content/faqs/question/esa-home-ownership/index.html)
- [What percentage of the future change in the home’s value will Unison share?](/content/faqs/question/esa-sharing-percentage/index.html)
- [How does Unison secure its interest in the property?](/content/faqs/question/esa-lien/index.html)
- [Does Unison benefit from the equity that is built as I pay down my mortgage?](/content/faqs/question/esa-mortgage-paydown/index.html)
- [What is the Risk Adjustment and how does Unison determine my home’s starting value?](/content/faqs/question/esa-risk-adjustment/index.html)
- [In which states are Equity Sharing Agreements available?](/content/faqs/question/esa-available-states/index.html)
- [What is the Owner Occupancy Requirement?](/content/faqs/question/esa-occupancy/index.html)
- [What kind of properties are eligible?](/content/faqs/question/esa-property-types/index.html)
- [Am I allowed to rent my property in the future?](/content/faqs/question/esa-renting/index.html)
- [What is the "restriction period"? Can I sell my home at any time?](/content/faqs/question/esa-restriction-period/index.html)
- [What does Unison need to know in order to determine whether they will invest in my home?](/content/faqs/question/esa-requirements/index.html)
- [Why does Unison require a home appraisal and is it accurate?](/content/faqs/question/esa-appraisal/index.html)
- [What are the costs associated with Unison?](/content/faqs/question/esa-costs/index.html)
- [How does Unison store and protect my information?](/content/faqs/question/esa-data-security/index.html)
- [Do you have to check my credit? When does that happen?](/content/faqs/question/esa-credit-check/index.html)
- [How does Unison assess my property?](/content/faqs/question/esa-property-assessment/index.html)
- [Will Unison share in the value of my home improvements?](/content/faqs/question/esa-home-improvements/index.html)
- [What happens if I get behind on home maintenance?](/content/faqs/question/esa-maintenance/index.html)
- [What happens if there is a foreclosure?](/content/faqs/question/esa-foreclosure/index.html)
- [What happens if I can't make my mortgage payments and default?](/content/faqs/question/esa-default/index.html)
- [How does Unison affect my taxes?](/content/faqs/question/esa-taxes/index.html)
- [If I choose a Unison equity sharing agreement, can I still refinance in the future?](/content/faqs/question/esa-refinancing/index.html)
- [What if something happens to me during my agreement?](/content/faqs/question/esa-death/index.html)
- [In what situations would Unison not be the right option?](/content/faqs/question/esa-right-fit/index.html)
- [How is Unison's profit or loss calculated upon sale?](/content/faqs/question/esa-profit-calculation/index.html)
- [Can I buy out Unison's investment in my home?](/content/faqs/question/esa-buyout/index.html)
- [What happens when I decide to sell my home?](/content/faqs/question/esa-selling/index.html)
- [Who decides when our partnership ends? Can you force me to sell my house?](/content/faqs/question/esa-partnership-end/index.html)
- [Is it possible I could end up owing Unison back less money at the end than I received at the beginning?](/content/faqs/question/esa-owing-less/index.html)
- [Does Unison share in selling costs?](/content/faqs/question/esa-selling-costs/index.html)
- [What is a Deferred Maintenance Adjustment?](/content/faqs/question/esa-deferred-maintenance/index.html)
- [What is the Equity Appreciation Limit and how does that affect my payment to Unison during the Restriction Period?](/content/faqs/question/esa-appreciation-limit/index.html)
- [Who is Unison?](/content/faqs/question/esa-about-unison/index.html)
- [What is Unison’s business model?](/content/faqs/question/esa-business-model/index.html)
- [How do I know if I can trust Unison?](/content/faqs/question/esa-trust/index.html)
- [Where does Unison’s funding come from? Who are your investors?](/content/faqs/question/esa-funding-source/index.html)