The New Loan Alternative Solution: Seeking Success with Sell & Stay

By Tom Burchnell
loan alternative solution

With expenses and incomes growing further apart in many families, more and more people are looking into an alternative loan solution to access the equity in their homes to make ends meet. The roaring economy and rising home prices mean that people have more equity to tap.

There are a few potential alternative loan solutions for extracting the equity in your home, but not all of them are created equal. Sell & Stay, EasyKnock’s new residential sale-leaseback option, is just one of them and it works unlike any of the rest.

Alternative Loan Solutions

EasyKnock’s Sell & Stay is an alternative loan solution for those looking to convert their equity. The most common options are listed below, along with a couple of reasons why they may not be ideal for every consumer.


Also known as a home equity line of credit, these loans use your home equity as collateral, allowing you access to part of your equity in the form of a line of credit. The problem with them is that you need decent credit to get a HELOC loan, and your home is on the line if you have trouble repaying the loan.

Reverse Mortgages

These loans give consumers access to home equity in a lump sum or in monthly payments. Reverse mortgages are limited to seniors. They also come with high fees and may not provide enough of a financial cushion to really help the homeowner.

Why is Sell & Stay a Good Home Equity Loan Alternative Solution?

There are several reasons why Sell & Stay is a better loan alternative solution than a home equity loan or HELOC for many consumers. Here are just a couple of reasons why Sell & Stay might be a better option.

Other Options Oftentimes Put Consumers in Too Deep

While predatory lending practices in the mortgage industry were curbed a great deal by regulations after they backfired when the mortgage bubble burst, contributing to the financial crisis of 2008, they’re not completely extinct. Predatory lending is possibly even more prominent amongst equity-tapping loan products.

One of the ways that lenders prey on people in trouble is by offering up higher loan amounts than the homeowner needs or can really afford. This leads to consumers who are simply in too deep. While the equity is in hand, the large loan payments don’t seem so bad, but when the money runs out and ends no longer meet, they may have a hard time paying their payments, which could lead to foreclosure and all the financial burden that comes with it.

Alternative Loan Solution Provides Flexibility

Sell & Stay is an alternative loan solution that allows you to convert your equity to cash and stay in your home as a renter. When you’re ready, you can choose to buy the house back at any point. If you decide that you’d rather move to a new home, you can have EasyKnock sell your home on the open market. Any remaining value or appreciation is yours to keep.

Key Takeaways

Regardless of the outcome, with Sell & Stay, you get to choose your path. If you’d like to explore how our product could help you convert your equity and stay in your home, contact us through the form on our website. Consult with a financial advisor to help you decide if our alternative loan solution is right for you.

Home Equity
Home Equity Loan
Sell & Stay
Tom Burchnell
Written by Tom Burchnell
Director of Product Marketing

This article is published for educational and informational purposes only. This article is not offered as advice and should not be relied on as such. This content is based on research and/or other relevant articles and contains trusted sources, but does not express the concerns of EasyKnock. Our goal at EasyKnock is to provide readers with up-to-date and objective resources on real estate and mortgage-related topics. Our content is written by experienced contributors in the finance and real-estate space and all articles undergo an in-depth review process. EasyKnock is not a debt collector, a collection agency, nor a credit counseling service company.