Memorandum of Home Wealth Share Agreement: This document is typically recorded in the public records and serves as a notice to third parties of Steadworth's co-investment interest in your property. It outlines the basic terms of the agreement, including the Contract Term and Wealth Share percentages.
​

Steadworth Homeowner Mortgage: This document creates a security interest in your property for Steadworth's investment. It is similar to a traditional mortgage but is subordinate to the first mortgage held by your primary lender.
​

Title Documents: These documents establish your ownership of the property and may include the deed, title insurance policy, and other relevant documents.
​

Insurance Policies: You will be required to maintain homeowner's insurance and potentially other insurance policies, such as flood insurance, depending on your location and lender requirements. Steadworth may need to be named as an additional insured on these policies.

Protecting the interests of both parties: The documents clearly define the rights and obligations of both you and Steadworth, ensuring a fair and transparent partnership.

Ensuring legal compliance: The documents comply with applicable laws and regulations governing real estate transactions and home equity sharing agreements.

Providing clarity and certainty: The documents provide a clear and comprehensive record of the agreement, reducing the potential for misunderstandings or disputes in the future.