The REX Agreement A Smart New Choice For Home-owners

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The REX Agreement - A Smart New Choice For
Homeowners
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ABOUT

• The REX Agreement is a great new way to convert a
  portion of your home equity to cash. The REX
  Agreement is NOT debt - so there is no interest,
  and you make no monthly payments to FirstREX. You
  can use the cash you receive for any purpose,
  including paying down debt, investing for
  retirement, remodeling your home, paying for a
  child's education, or taking a dream vacation.
  The REX Agreement offers Possibilities, Not
  Payments!

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Understanding The REX Agreement

• At the start of the REX Agreement, FirstREX
  invests in your home by making a lump-sum cash
  payment to you. During the term of the REX
  Agreement, you maintain your home, pay the taxes
  and insurance premiums, and make any mortgage
  payments, but you make no payments to FirstREX.
• At the end of the REX Agreement, which typically
  occurs when you decide to sell your home,
  FirstREX receives a payment that is based on the
  value of your home at that time. If the value
  increases, we make money on our investment. If
  the value decreases, we typically lose money on
  our investment. It's that simple.

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Sleep Better At Night
The REX Agreement provides a form of protection
against a decline in the value of your home,
because if the value declines, FirstREX will
typically share in the loss with you, reducing
the amount of your loss. And, since you make no
monthly payments to FirstREX during the term, you
can get the cash you need today without worrying
about how to pay for it every month. Now that
sounds like a smart new choice.