Turn equity into retirement runway.
For homeowners aged 55 and up who want to access the wealth they’ve built in their home without a new monthly bill, without leaving the property, and without selling assets from a retirement portfolio at the wrong moment.
Who Leap Relax is for
You're within ten years of retirement or already retired. Your home is your largest single asset and you've built decades of equity in it. You want access to a portion of that wealth — for healthcare costs, a child's college tuition, helping a grandchild buy their first home, or simply giving your retirement portfolio room to recover from a down year without forced withdrawals.
And if you're weary of a reverse mortgage, an HEI is a great alternative. Reverse mortgages accrue interest against the home and reduce the equity you leave behind to a degree most homeowners find uncomfortable. You also don't want to sell — this is the home where you raised your family and you plan to stay in it.
*We strongly recommend that anyone considering Leap Revive or a reverse mortgage consult an independent financial planner.
How Relax works
Leap invests $50,000 to $300,000 in your home's equity, with the longest term of any Leap product — up to 30 years. You make no monthly payments. There is no interest. Repayment occurs only when you sell the home, refinance it, or reach the end of the term.
For many Relax customers, the investment is settled by the estate at the eventual sale of the home, which means the practical effect during retirement is simple: cash today, no payment, no compounding balance.
The 30-year term
Relax offers the longest term we underwrite because retirement planning operates on long horizons. A 30-year term provides a time horizon you can plan around: you know with confidence that the home is yours to live in for the rest of your life, with monthly no payment, and no schedule to manage. You simlpy repay the investment when the agreement expires.