Irene offers 2 debt-free ways to access home equity while aging in place. These are called Safe Stay and Safe Lease Back.

How it works

With Irene’s Safe Stay, older adults can sell their home, but retain the right to live in it or rent it out for the rest of their lives. Because Irene owns the home, older adults are no longer responsible for real estate taxes, insurance, and maintenance on the home. The amount of funds available upfront depends on a number of factors, including the value of the home and its residents.  

If more cash is needed upfront, older adults can access up to 50% of the value of the home with Irene's Safe Lease Back with the addition of monthly rent payments back to Irene; payments are always set to be affordable.

A number of additional customer protections are built into these options, including additional payments if clients decide to leave the home.

Learn more about our solutions here.

What to Consider

If you are looking to spend retirement in your current home, and want a simple and debt-free solution that lets you access the equity you built in your home while reducing the monthly cost of housing, Irene can be a good solution for you. However, you should keep in mind that while you keep the right to stay in your home for the rest of your life, Irene will own the home after your passing. However, your heirs can buy back the home.

Contact us to learn more.