This type of arrangement is only permissible with the lender's consent. Unfortunately, most lenders do not approve of this type of arrangement, because of the inherent risk involved to them.

Upwardly understand that plans can change and things may not work out. Fortunately, members can still cash out their equity if they choose not to purchase the home. The cash out amount is based on [...]

The buy back price, also referred to as the option purchase price, is the home's current fair market value (FMV).  The fair market value is based on a third party appraiser estimate or Upwardly’s proprietary [...]

Members can exercise their option to purchase the home early without a penalty. When purchase is completed, the lease will also end. Upwardly encourages our members to start exploring their ability to buy back as [...]