When homeowners need access to a large amount of cash, options are limited. Typically, you would need to apply for a home equity line of credit (HELOC) or a cash-out refinance.

Of course, these options require you to take on even more debt and most likely a high interest rate in the process. Is that really something you want for your future?

Fortunately, there is now a smarter way to use your home equity. Unlock is a company that allows people to get access to up to $500,000 through what is called a Home Equity Agreement. In exchange for cash, this company will get a share of your home’s change in value down the road. The best part? There is no interest or monthly payments.

Get Access to Up to $500K in Cash to Save for Retirement, Consolidate Debt, or Improve Your Home to Increase Its Value

Cash-out refinances and HELOCs appeal to some people because of the amount of cash involved, but you can enjoy the same benefits through Unlock’s Home Equity Agreement without the burden of a large monthly payment and big interest rates.

• Here’s how it works. Enter your address to see Unlock’s estimate of the equity in your home. Then, fill out a short questionnaire with some basic property information. The company will then give you their no-obligation cash offer and make sure to book a no-pressure phone call with an Unlock Home Equity Consultant.

Unlock works with people who have scores as low as 500. Once you complete the paperwork, you’ll get the cash deposited right into your bank account in as few as 14 days.

And get this — once you have the cash in hand, you can use it for whatever you want. You might choose to invest it, save it for retirement, go back to school, or even make home improvements to raise your property’s value. Down the road, if you end up selling your home for a profit, Unlock will take a share of that profit. If you end up selling your home at a loss, on the other hand, Unlock will share in that loss in most cases.

Imagine that your home is currently worth $400,000, for example. Unlock could give you up to $174,000 in cash (minus a 3% origination fee that comes out of the cash you get). Then, imagine that you sell your home for $550,000 in the future. Unlock would get their investment back and a share of the profit. But if you only sell your home for $250,000, their share of the loss would be greater than their co-investment. What’s more, you wouldn’t owe the company any money.

Find Out in Less Than 1 Minute How Much Cash You Could Get

To find out if you prequalify for a Home Equity Agreement with Unlock, all you need to do is enter your address and fill out the company’s short questionnaire about your home, book your free phone call with a Unlock home equity consultant who will go over everything with you with no pressure.

If you’re approved, you’ll get the cash deposited straight to your bank account. Again, you’ll get access to this cash without ever taking on any additional debt or burdensome monthly payments. Make the most of your home equity today!