Patch Homes is now Noah Read more

Noah vs. a Cash-Out Refinance

Owning a home is a smart investment, and you should be able to enjoy it. That’s why, unlike other products, Noah doesn’t burden homeowners with monthly payments or interest.

01
No monthly payments
02
Quick closing
03
Beyond credit score

Home financing from a partner, not a bank

Here’s a comparison of home equity sharing with Noah compared to a standard cash-out refinance product.
Noah
Cash-out refinance
Interest rate
0% APR
3.9% - 4.5% APR
Monthly payments
No
Yes
Term length
10 years
30 years
Debt-to-income to qualify
Up to 60%
Up to 43%
Closing costs
3%
2% - 6%
Tax benefits
Possible reduced capital gains tax if selling the home at the end of the term
Possible deduction on interest if funds are used for home improvement

Still wondering if Noah is right for you?

See what kind of funding you qualify for