Haus Mortgages

Haus Mortgages Review: Co-Investing Shared Equity Mortgages [2022]

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Haus Mortgages

Homes are considered our most important investment. However, even for those fortunate to own their own home, it can often be difficult to tap into a home’s equity.

We often want to use our home’s equity to do important things, such as make renovations or even consolidate debt.

Additionally, we often lack sufficient funds to make the down payments on the homes we want to buy as well; this can be a significant discriminator when it comes to homeownership.

Fortunately, innovative financial services companies like Haus have introduced shared equity agreements that make it easier to purchase a home with lower mortgage payments and provide more access to your home’s equity as well.

Let’s take a closer look at Haus lending, so you can determine if Haus home equity sharing will work for you. 

Onto our Haus review!

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What is Haus? What Are Haus Mortgages?

Haus is a relatively young financial services company that was launched in San Francisco in 2016, with the aim of making homeownership more affordable.

Haus effectively partners with homeowners by buying a share of the equity in their homes, which helps the homeowner make a larger down payment and leads to lower mortgage costs.

Doing so also gives the homeowner increased access to his or her equity as well.

Eventually, the homeowner is required to pay back Haus’ investment, along with a share of any value that the home may have appreciated. If the home depreciates in value, Haus shares in the loss as well.

This innovative tech company aims to make homeownership more accessible and versatile and has recently raised $7.1 million in new funding to continue building its capacity. 

This sum includes a $4.1 million seed equity investment led by Montage Ventures, as well as $3 million in debt to help Haus fund its current co-investment model.

As part of his innovative startup studio Expa, Uber co-founder Garrett Camp helped develop Haus. Its aim when it first launched in 2016 was to digitize and make the home-buying process more transparent.

Since then, former Trulia executive Jonathan McNulty has taken over as CEO, and he’s brought in the co-investment or shared equity model, in which Haus helps to fund a purchase by purchasing equity in the home.

Shared equity isn’t a new concept, but it hasn’t been as readily available as it is now, with companies like Haus offering this unusual home buying option.

With share equity, instead of taking on loans in a home purchase, the new homeowner shares the costs and benefits of fluctuating home prices with Haus. Instead of paying off a mortgage, the homeowner pays Haus annually, which buys more equity, and in turn, helps to pay the company and its investors.

Payments under the innovative Haus shared equity model are estimated to be 30 percent less expensive than a typical mortgage payment, according to the firm.

Additionally, according to Haus, the platform limits the “option” part of the payment such that homeowners still buy the same amount of equity as they did with their first payment, even though the home’s value rises.

Co-Investing Mortgages

The Not So Humble Beginnings of Haus Mortgages

According to Haus CEO McNulty, there have been only two ways to obtain ownership in a home. Either you can pay cash or take out a mortgage from a bank or lender.

With that knowledge, McNulty decided that it was a good idea to replace the mortgage arrangement with a collaboration that is direct to the buyer. This essentially brings on a brand-new way of financing a home.

This was taken a step further by allowing established homeowners to work with Haus in order to replace either part or all of their mortgage. 

McNulty declined to provide precise figures when asked about customer response so far; however, he did say that the service is available in Washington, California, and Oregon, and that “early demand is significant,” which, according to him, “makes sense considering the affordability challenges prospective homebuyers often face in these expensive western states.”

RIT Capital Partners and Tim Ferriss are among the other newcomers to the Haus platform. The new funding, according to McNulty, will enable the company to grow its team, especially in terms of marketing and expanding into new markets.

Interest in the services provided by Haus has been growing due to the fact that many people believe it is time for financial innovation.

This idea of making homeownership more affordable is getting attention from venture capitalists because this is something that will bring forth the ability for many people to move into their own homes. 

Haus Mortgages

Eligibility Requirements

In order to use the Haus platform, you must be an adult 18 years or older, or of legal age to enter a binding contract.

You can only use Haus’ service for yourself, or someone who has granted you legal permission to use it on their behalf. Haus is currently only available for property located within the United States.

This low barrier for entry is beneficial to consumers because there isn’t much that will prevent you from being able to do business with Haus. At the end of the day, they want to bring as many people into their own homes as they can. 

Haus mortgages eligibility:

  • 18 years or older
  • available for properties in the USA

How Does Haus Work? What Is Haus Mortgage Lending All About?

Haus Loans has an intuitive website that helps guide you through an equity sharing application and approval.

If approved, Haus then provides a matching level of equity investment in the home that you are purchasing.

This will allow you to purchase more of your new home upfront and lower your mortgage costs considerably.

It will also give you more immediate access to your home’s equity as well. Eventually, you will be required to pay back Haus’ investment in your equity, along with any additional share of the appreciation.

Breaking Down a Home Purchase with Haus

To give an example, say the property has an annual appreciation rate of 2 percent, and it currently sits at a value of $853,000. Your monthly payment to Haus allows you to rise 5 percent, which brings your overall equity to 69.6%. A number like 5% may not seem like all that much, but in terms of a home purchase, a difference of 5% could mean thousands of dollars. Since for most of us, our home is our primary investment, it is always in your best interest to make sure that you are increasing that equity percentage as much as you can.

Close-up Examination

In order to get a firm understanding of the purchasing timeline with Haus mortgages, here is a more in-depth examination of the purchasing process

Overall, when you use Haus’ shared equity program, you will pay Haus $1,091 each month. And $364 of that goes toward reclaiming their equity, while $727 goes toward fees. It is important to note that in the case, you would have to make your own Escrow payments for taxes and insurance since these are not included in your latest payment. All that this means is that you’d have to make a separate monthly payment in order to pay the taxes and insurance as that is not something that Haus covers. 

In any case, the payment issue can be uncovered a little further; the reason being is that while Haus charges you $727 in fees per month, they only pay out $802 to your lender, as is customary. So, they’re paying $75 a month on your behalf, which works out to $9k over ten years in this case. This isn’t something that is going to make or break the deal, it is definitely a superior option to a traditional lender, and definitely provides more incentive to use the innovative Haus shared equity program. 

Whenever you need to access Haus’ services in a case like this, the platform does most of the work. You will need to go to the Haus website and fill out an amortization plan for your precise mortgage estimates in an automated Haus reporting form. Once you have accessed that form online, you just have to enter your initial loan number, name, and APR, and the entire schedule will appear. On the second tab, once the schedule appears, you can adjust the start date. Simply enter your start date and then scroll down to 10 years after you started with Haus. In the example stated above, as of July 2030, the balance on the loan in question would be $104k.

So, while owner equity is consistent with Haus’ calculator, you now have additional estimates and forecasts. There are two factors to consider:

In ten years, your mortgage balance will be $104,000. For the investor, this equates to approximately 12.29 percent of the home’s equity. Haus’s share of that equity will be around $154k, and the homeowner’s share will hover around 18 percent.

That answers the second question, which is the estimated sum the homeowner would have to pay off. After working through all of the details in the example above, it is clear that the Haus shared equity program is a great way to finance a home, especially if you are not interested in or unable to use a traditional lender. It certainly makes it easier to get into a home this way and can even pose some other benefits as well.

So, depending on your specific situation, working with Haus in order to purchase a home could be of great benefit to you and your family. 


What Happens When the Shared Equity Agreement Comes to the End of Term?

As indicated previously, once you enter a shared equity agreement with Haus, that relationship will end in ten years, and you will be left with a number of options. In a typical situation, Haus will reach out after about 9 years and 6 months into the program in order to coordinate with the homeowner in regard to the plan moving forward. Essentially, Haus will attempt to determine what the homeowner’s intentions are and whether or not they plan to sell, refinance and/or continue living in the home.  

Haus does offer the homeowner the option to purchase the home at the end of the term. In this example above, the homeowner would have to pay Haus $154k in order to reclaim their 18% equity in the home. The remainder of the ownership of the property would be returned to the homeowner in its entirety. Conversely, the homeowner could also opt to refinance the entire $259k with an outside lender and move on from there. The original mortgage would be paid off, and Haus would receive its share from the refinancing transaction.

Haus Customer Service

Current or prospective customers can contact Haus via the following methods:

  • Email at [email protected]
  • Mail at: 660 4th Street, Suite 418, San Francisco, California, 91407

Haus Mortgage Reviews & Complaints

Haus does not currently have a significant number of online reviews. There are no Haus reviews on Trustpilot, and it is not accredited with the Better Business Bureau (BBB), nor does the BBB have any significant information about it.

The lack of online Haus homeownership reviews and commentary could be due to the relatively young age of the company, as well as its modest size.

Is Haus legit? Although reviews are sparse, Haus home co-investing equity loans are legitimate and offer homeowners shared equity loan options, unlike traditional lenders.

Haus Co-Investing Pros and Cons

Here are some of the key pros and cons for Haus mortgages you should consider: 


  • Increased Access to Equity. Homeowners who want access to their equity but have less than stellar credit may appreciate Haus’ services, since they may not qualify for a HELOC or other types of home equity loans. 
  • Good Fit for the Self-Employed. People who are self-employed or work as 10999 contractors and have irregular income streams may have better luck qualifying for an equity sharing arrangement with Haus than they would applying for a HELOC at a traditional lender. 
  • Lower Mortgage Payments. By increasing the amount of equity paid upfront in a home purchase, you’ll wind up with a smaller monthly mortgage payment. 


  • Cost. In addition to making your mortgage payments, you’ll eventually have to pay Haus back their share of the investment they made in your home’s equity, along with any additional share of the appreciation value.  
  • Modest Amounts. With Haus, you may not get as much access to your equity as you would with a HELOC or a home equity loan; if you need sufficient amounts of your home equity to do something important, such as consolidate high-interest debt this may not be a great option for you.
  • Haus Equity Reviews. There are not many Haus real estate reviews online. However, this will change once the Haus company becomes more established.


Here are some key takeaways for Haus for you to consider as you make decisions about how to finance your next home purchase.

  • Monthly payments at a reduced rate: You pay Haus a reduced monthly payment instead of a mortgage payment.
  • A ten-year term: The Haus investment has a ten-year contract, during which you must pay Haus Services Inc. You can do so by paying them in cash, refinancing with a cash-out option, selling your house, or partnering with Haus Services Inc.
  • Only money can be cashed out: Existing homeowners can borrow up to 80% of the value of their home without incurring debt. Haus’ cash cannot be used to make a down payment on a house.
  • Haus isn’t available everywhere: There are currently three states where Haus’s services can be used.  
  • Acceptance of fair credit is possible: You may be eligible for a shared equity deal with Haus if your credit score is 650 or higher.

Haus Loans Alternatives

There are similar online home equity sharing companies offering services comparable to a Haus home equity sharing agreement.

Similar shared equity companies and competitors:

Each of Haus’s rivals offers different terms and slightly different services, so it is worth shopping around a bit. Additionally, perhaps the biggest alternative to Haus is a traditional HELOC or home equity loan, too, which are available from thousands of lenders across the United States.

Hause Mortgages Faq

Frequently Asked Questions (Faq)

Are Haus mortgages legit?

Although Haus lending reviews are sparse online, Haus is a legitimate company offering shared equity mortgages to people looking to tap into the equity in their homes.

How does Haus work? 

A shared equity agreement (also known as a shared appreciation agreement or shared equity contract) is basically a way for you to sell a small portion of your home’s equity to an investment firm.

The Haus product, as an alternative to a conventional home equity loan or line of credit, allows you to access the equity in your home without the monthly payments that come with a traditional loan or line of credit. This plan is mainly aimed at people with a lot of equity in their home and needs money for things like home improvements or debt repayment.

You will not be paying Haus Services Inc. a monthly loan payment with interest because the transaction is backed like a loan. Instead, Haus Services Inc. will share in the profit if your home appreciates, and they will share in the loss if it decreases.

In a shared equity deal, how much will Haus Services Inc. invest?

Equity contributions in the Haus program vary from 0% to 80% of a property’s market value. Haus Services Inc. has a limit to how much money they’ll put into a single house, as you would imagine.

In a shared equity deal, how much will Haus Services Inc. invest?

Equity contributions in the Haus program vary from 0% to 80% of a property’s market value. Haus Services Inc. has a limit to how much money they’ll put into a single house, as you would imagine.

Haus Reviews Home Buying: Parting Thoughts

Haus offers users a unique and innovative way to purchase and finance a new home. However, if you’re considering using Haus to purchase your next home, ensure you understand how their equity process works due to the fact that it can be a bit complex. One of the most difficult tasks Haus faces is helping potential homeowners understand how to forego a traditional mortgage lender and use Haus’ services to buy their next home. However, once you fully understand and are comfortable with how Haus works, it is definitely a homebuying option worth considering.

Another thing that is important to consider is the cost and terms of executing a shared equity agreement with the platform. There are closing costs associated with using Haus to purchase a home, and they may or may not be more than what you’d expect to face with a traditional mortgage. More importantly, if you use Haus’ services you will only have ten years to settle with the platform at the end of your home-buying agreement. If you don’t believe you’ll be in a good enough financial position to close out your transaction with Haus at the end of the ten-year term, you may definitely want to look at other home financing options. 

Additionally, customers should pay close attention to their home’s valuation when working with a shared equity company like Haus. In most cases (except for property tax valuations) homeowners are happy when their home appreciates in value. However, this can be a mixed blessing with Haus. If your home ends up appreciating significantly during your term with Haus, you may end up owing the platform far more in equity than you expected.

It may also be difficult to refinance the home at the valuation that Haus assesses the property at too, leaving you stuck.  Additionally, if you see your home as your primary long-term investment, then Haus may not be a great choice for you; after all, you’ll have to give them a big slice of the equity you gained in the home by the end of term or when you sell the home. Also, if you need to take equity out of your home during the term, either to renovate the property or finance something else, Haus may not be as good an option as a more traditional lender is. 

If you need support with making a suitable down payment on your new home or want to put your current home’s equity to good use, Haus may be a good choice for you.

However, prior to committing to an equity sharing agreement, make sure you talk to a trusted financial advisor and weigh all of your options carefully, so you find a solution that is a good fit for you.

Find Out How Haus Mortgages Can Help

Haus offers lower monthly payments compared to a mortgage, plus instant access to your equity when you need it.


Thanks for reading our Haus mortgages review.

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