EasyKnock Logo

EasyKnock

star star star star star_border

6.8

Overall Score

error This company may not service all states.
See states serviced
LAST UPDATED: September 6th, 2023

EasyKnock offers alternative home equity solutions, allowing you to convert your equity into cash. EasyKnock offers three equity programs — Sell & Stay, Sale-Leaseback, and MoveAbility. The Sell & Stay program offers an alternative method of accessing home value to traditional home equity lines of credits (HELOCs) and reverse mortgages with lenient qualifying requirements. The Sale-Leaseback program allows homeowners to sell their home to EasyKnock in exchange for cashing out on their home's equity and remaining in their house as renters. The MoveAbility program allows homeowners to get cash from their equity but take time in selling their home.

Check out EasyKnock's profile below for a more detailed look into the company, or skip down to the EasyKnock reviews below.

Top Ranked Companies

thumb_up

The Good

Revolutionary Sale-Leaseback Program

EasyKnock’s Sell & Stay program is designed for people who own single-family homes who are looking to convert their home equity into cash, but who aren't quite ready to move out of their home. It is an excellent option for independent contractors, freelancers, and those with bad credit history since the credit score is not as important and there is no W-2 requirement. 

The Sell & Stay program is primarily a residential sale-leaseback program. With Sell & Stay, homeowners sell their home to EasyKnock and homeowners can continue to live in their house by paying monthly rent. By selling your house you can quickly recover your home's equity in the form of cash. You can then use your home's equity to pay off debt, fund college, start a business or whatever you like while still remaining in your current home. There is no other company that has this sort of program, EasyKnock offers the only Sell & Stay program for residential homeowners.

How it works:

  • Upon approval, EasyKnock will determine the funding amount, rental price, and a repurchase price (amounts and prices can be negotiated). Like the majority of lease terms, EasyKnock’s is 12 months — but it can be renewed for up to five years. If you decide to stay and lease your home, you'll only have to pay rent, EasyKnock will take care of property taxes and homeowners insurance. The company prides itself on its flexibility and allows customers to buy back their homes or move anytime throughout the lease. 
  • Consumers should be aware that EasyKnock will send an inspector out to check out their property for any maintenance issues and will order a title report. Once that is done, customers will receive the equity — in cash — upon closing. 
  • Those who decide to repurchase their home will have to pay the previously agreed-upon repurchase price. Those who choose to move will have their home put on the market (by EasyKnock). Once the house sells, consumers leave and receive the Sellout Value.

Eliminate the Rush to Move

The MoveAbility program is a great option for those who plan on purchasing a new home but don’t want to worry about having to buy and sell simultaneously. Currently, the program is available to people selling single-family homes, condos, and apartments. 

MoveAbility allows homeowners to get cash for their home quickly but waits until the customer is ready to sell. Once the customer is ready, EasyKnock will help them find a realtor to list the home at full market value. 

Those who choose to stay in their home will have to pay rent,  plus the initial lease term is only six months. However, consumers can renew twice — a total lease term of 18 months — but after that, the home has to be put on the market. 

The MoveAbility program is great for people looking for a bit of flexibility while they look for their dream home — it’s also an excellent option for those who don’t qualify for a bridge loan. 

Keep in mind that the MoveAbility program is not for those who want to buy back their home, as homeowners do not have that option. 

Quick Closing Time

Those in need of immediate cash will be relieved to hear that EasyKnock typically can close on a home in under two weeks. Banks and lenders often take around 40 days. EasyKnock will be able to give up to 70% of the home's value upfront—a huge bonus if you are needing to tap into your home equity quickly.

This money can be used to pay off debts or fund personal needs. Current homeowners that are stretched by their current mortgage payments and homeowners expenses can find peace in the fact that they can recoup a large amount of equity in the form of cash.

EasyKnock Reviews

EasyKnock is a great HELOC option that many customers are satisfied with. Out of about 50 of its customer reviews—

  • There are no one-star reviews
  • Over 60% of the reviews are five-star
  • It has received a 4.5/5 star rating from its customer reviews for the quality of product or service, customer service, and company trustworthiness

Most of the positive customer reviews talk about how EasyKnock is quick and flexible to work with any sort of circumstances that borrowers faced. For example, a recent customer named Jonathan said,

"I had a lot of equity but a low credit score so nobody would write me a mortgage. It was pretty easy and went very well. They answered every question that I had."

The negative reviews shared a common theme pointing out that occasionally the process could get a bit confusing, but typically issues were sorted out promptly and the overwhelming majority highlighted the ease of the home equity line of credit process.

thumb_down

The Bad

No Longer a Homeowner

While home equity loans or refinance loans allow consumers to maintain ownership of their home, working with EasyKnock means homeowners will become renters (and have to pay rent). If a renter stays in the home for more than 12 months, the rent will increase by the higher amount of 2.5 percent or CPI annually.

For those looking to maintain homeownership and desire a more traditional home loan then it will be wise for some borrowers to look into other options.

gavel

The Bottom Line

A relatively new company, EasyKnock, is an excellent option for those who want access to their home equity but don’t qualify to refinance their mortgage. If you have low income or a low credit score and are wanting to access money quickly, this sale leaseback program is a great option for you. The company offers innovative solutions to help you reach your financial goals, beyond just homeownership, and is transparent about the entire process. Site visitors will find the company’s website to be packed with information that is easy to understand and digest. 

However, homeowners might not be happy that they’ll have to become renters in a home they once owned and some might find themselves frustrated with increasing rent prices. 

We recommend that consumers contact the company for more information and perhaps look over your agreement with an attorney to ensure EasyKnock is right for you.

View Best Mortgage Lenders

Was this content helpful?
thumb_up Yes thumb_down No

Star Rating

info

4.2

star star star star star_border

59 Reviews

Review Breakdown

5 grade

56%

4 grade

27%

3 grade

5%

2 grade

3%

1 grade

8%

Sentiment Criteria

Value

star star star star star_border

Quality

star star star star star_border

Service

star star star star star_border

Trustworthiness

star star star star star_border
cancel

Filter by:

arrow_drop_down

Sort by:

arrow_drop_down
info
check_circle

Verified Customer

check_circle

Review Source

star star star star star

Thomas

Everything was easily done online. They were able to to take the time to talk to me and tell me how to send in my paperwork and everything. All I recommend is that you have all your paperwork together before you call so that you don't take too long.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Al Morgan

I chose them because of the ease of the process. Every aspect was explained to me. Each time I've reached out with any questions, hiccups or anything has happened I've gotten a response promptly and eventually we've got it rectified, solved or answered. Just great people.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Peggy

Everything is going smoothly and haven't had any hiccups. They have always been there. They've been able to answer my questions, put me at ease and if I wasn't able to speak to them they got back to me within twenty four hours. They did not ever leave me hanging.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Marc Reno, NV

They are able to be very flexible to get things done. Their customer support is a little disconnected. They don't always have the fastest response or give me the correct response. I'd like to see them send out hard documents instead of relying on email but other then that they are an excellent company.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

David

They are so friendly and do anything they can to aid you in the process of your loan. Everything was done very timely and any questions I had were easily takin care of and answered and they made the whole process smooth. It was the right fit for the time that we needed it and just wonderful people to work with.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Dennis San Antonio, TX

It was an easy process, they were really quick. You don't really worry about going through credit and all that kind of stuff they just make sure that your house is within the parameters they were looking for and then everything went really quick and easy. Anytime you are talking with them or dealing with them they're really quick to respond and answer your questions appropriately.

4 years ago

star star star star_border star_border

Michele Cooper

The bureaucracy is infuriating. I sold my house to EasyKnock in April using their MoveAbility program. The realtor, the contractor doing my repairs, and the buyer all had to be patient as EasyKnock takes at least 2 business days to do anything, including responding to emails. Calling them only leads to their answering service. My dedicated contact changed so often in just a few months, it was ridiculous. I would just stop receiving replies from the repair contact or the property manager, just to find out they were no longer with the company. Very dissapointing. When the house sold on August 28th, I was told I'd receive the final paperwork within 5 business days in order to sign off, then be paid 2 business days after that. The 5 business days came & went, calling and emailing did no good. Once I posted a 1 star review, then they got in contact with me within 2 business days & finally paid me.

6 months ago Edited September 12, 2023

EasyKnock Logo

Reply from EasyKnock

We regret that you were not satisfied with your experience. EasyKnock strives to provide the highest level of customer service. Please feel free to contact us at [email protected] so that we can assist in addressing your concerns.

Sep. 12th, 2023

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Kevin Craig

So far the whole experience has been great,, I am in process of re-purchasing my home on the 26th of this month. Fingers crossed it goes as smoothly as everything has so far. If so, I will have a glowing review for EasyKnock

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

anonymous Ocala, FL

I chose them because they had what I needed. It's always hard to get ahold of someone. Other than that everything's good. They were nice people to work with and they tried to explain everything so I can understand it and I thought it was a pretty good experience.

4 years ago

star star star star star

Shanna Valencia Mansfield, TX

Roy with EasyKnock was very informative, easy to talk to. He did not try in my opinion to hide things. Or sugarcoat the program to get a sale from me. I was Limited on my options. I had Been terribly ill, nearly passed away. My son was taken away from me during this time, for no reason at all. He was a baby. I’m a business owner, and I had multiple things occur at once. I did not want to loose my home, I truly had tried every single Avenue, and I surely did not want to let go of a home where I was pregnant, had my son, and he spent his first 2 years. I saw a window, I am by no means an attorney, I’m only praying when it’s time to re-purchase my home after a year. I have no issues, and everything I was told stands true. I’m working on my credit. I’m 12 months it should be right where it needs to be to finance a loan. What I do know, is regardless of all the reviews that say the company is shady, or they lie, and it’s not worth it. It gave me what I needed to be current on all my personal issues, and allowing me to do my HOTSHOT trucking with my adult children, to hopefully be able to fight for my son in court. If it was NOT for the easy transaction, and expedited services, me and my family would have found ourselves on the streets. We still can wind-up there. However at least I have A little more time with a home that is priceless to me. Everyone was kind. But Roy was the best human to have been on this journey with. I can only pray that one day soon I can Tell him my business venture worked, I won My son in court.

2 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star_border star_border star_border

Deanna Salser

I had to pay all of the fees, pay for all the testing and all the taxes. Once would have been fine but I had to pay them when i sold my house to them and then again when they sold it. I lost out on over $20,000 because of this. It was there but in small print and uppity can bet they didn't point it out to me ahead of signing the contract. I felt that was duplicitous.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

John

I needed extra money for health care for my partner. Everything went pretty well. The process of going through inspections and such took a little long. They did really well at keeping me informed.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Chris

They were financially the right move at the time. It was pretty easy it was all done over the phone. The only thing is there was too many different people I had to talk to that got confusing.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Jonathan

I had a lot of equity but low credit scores so nobody would wright me a mortgage. It was pretty easy and went very well. They answered every question I had.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Timothy Fort Worth, TX

It was the best financial decision and the easiest on boarding process. They really have a good team. They are very responsive when you have questions.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Brooks and Janice Kessler Wyandotte, MI

Helped us when no one else did. Need money send didn't want to leave our home. Thanks for everything you did for our family.

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Antoinette

I chose it because the other banks wouldn't let me get the equity because of my credit. They answered all my questions. Everything went smoothly.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Max

It's a good alternative for people who don't have a whole lot of options. It was easy and straightforward. We did have an issue and customer service dealt with it quickly.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Ramona Pettry Matthews, NC

They were helpful, easy to work with, and fast with getting all information to us for a quick process.

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Laurie Smith

This company is definitely customer driven. I've never had a better experience with anyone in this field.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

John

They ended up buying my house. There wasn't a lot of red tape. They're not real good about calling me back.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Luis

Its convenient and I'm glad I did it. They've always been there for me. They expedited everything in a timely manner.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Sheresa Byrns

Great informative service! Help provided when other means were practically impossible.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Andrew

They were easy to deal with and they were fair. There's someone there to help you when you need.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Barbara

It was easy and convenient and then took care of me and explained everything to me.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Debbie

Their program works for my circumstances. So far I've been happy with them and what they've been doing.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Eric

The people that I have dealt with have been friendly and nice. They were really good and it went smoothly.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Kathyn Canton, GA

I'm very satisfied. It was an easy process. Sometimes when you call it is hard to get to the right person.

4 years ago

star star_border star_border star_border star_border

The Hughes Group Joe Hughes

Horrible experience. Bad communications, constantly reversing decisions, multiple delays, and they pulled the plug on the day it was supposed to close. Signed paperwork on 12/2/22, with a scheduled close date of 12/21/22. On 1/27/23, we are communicating about a notary coming out when I am informed that the Home Inspection shows multiple concerns, and they are not moving forward. I am a Real Estate Investor and know inspection reports back and forth. There was nothing in that report that would prevent a resale. Some minimal DIY stuff to clean up. I would not recommend this company, or their program, to anybody.

1 year ago

star star star star_border star_border

kim flowers Massillon, OH

They were a great alternative to get access to our equity. Which helped with our situation, However communication needs to be looked at. Communicating with them is thru email. And when it came to closing on the sale of our home. This made it very difficult.

1 year ago Edited January 26, 2023

star star_border star_border star_border star_border

Vanessa Rohrs Springfield, MO

Got a loan from them and did the sell and stay. I had some identity theft issues the year before and I was a full time student, needed the funds to pay for school but didn’t have the ability to go tradition HELOC or HEL, so I went with them, prepaid a year of rent up front because I didn’t want to have to think about it while I was finishing clinicals. Fast forward a year and I sold my house. I owe them 123,000 as the document says and I get 141,000 and the fees and realtors are paid. Everyone goes home happy. NOPE. They are trying to take almost 20k from me in the rent I already paid, that my contract says I do not have to pay. They have all of the money and because I will not agree to pay the extra I don’t owe they are holding it and not giving me anything..141,000…that’s my life’s savings. That’s my bills and rent and everything. I’m so scared. They do not honor their contracts. Beware of this company. They are not doing legal business practices, I’m going to have to turn this over to the Attorney General in my state and hope it’s before they do something like file bankruptcy or something. If you’re smart you, you’ll run far far away.

1 year ago

star star_border star_border star_border star_border

greg kuester Houston, TX

Read a review that Easyknocks has no one stars I gave it one star. Read all these wonderful reviews makes me really wonder if it's not a sham because we received nothing but stress dealing with easyknocks many emails never answered no one to call if my rep was not available. They completely own your home once you except this money and they make sure that you know it their name is on the title not yours you are not kept up to date on anything nothing is automatic you have to contact them and ask for an update they treat you like your nothing not like your of any importance. When they miss a dead line they easily set you aside because they never put closing dates on paper for you to have legal standing. When you point out they stated the closing would be quick and easy they simply say we'll just remember we deal with many transactions many on different levels of transaction. If you are thinking about doing business with these people you've been warned . Very interested to know how they've managed to get these reviews they are not first class. When I found my own buyer they took one month to get to work on it and it was only because we blasted their phone, then once the transaction was completed they they tell us itll be 7 days before uou can get your money the realitor with our buyer sent the money to them they have it not sure why they hold it 7 days. If you don't know what to ask your in trouble before going into business with these guys your already in for it. All your calls go through a call center they'll give them your message 9 out of 10 times you'll hear nothing back if you do you got lucky. Got my closer on the phone once she's at home over the sink washing pans. We waited for these people to do their part the entire time the realtor for the buyer kept calling us asking why they could never get through to send their documents everyone was just so fed up with these people. Now you know .

1 year ago

star star_border star_border star_border star_border

Ken Padgett San Diego, CA

Easyknock relies on one of the most prolific spammers on the internet to market their service via unsolicited email, aka SPAM. I sent them a copy of the spam I received (to: [email protected]) two weeks ago asking them to take action to make it stop and my email was ignored. I had hoped that they were unaware of what was being done in their name and that they would take steps to make it stop, but instead I have been receiving the same spam from them EVERY DAY since I contacted them. Apparently, that's how they deal with complaints. Any company that relies on unsolicited email for marketing is a dishonest company that doesn't deserve your business. Any company that won't stop sending unsolicited email to your inbox after you've asked them to leave you alone, is guilty of breaking the law (Can-Spam Act, 2003).

1 year ago

check_circle

Review Source

star star star star star

Rosemary Mark Fresno, TX

I am absolutely impressed with the professional way they have there for follow up questions I may have . I would recommend them to my family and friends and I wouldn't hesitate to use them again if I need to in the future.

2 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star_border star_border star_border

Anonymous Chester, VA

I don't think it was fair to take ownership of my home for a home equity line. Then record it saying you purchased it for 396k

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Wendi Greer, SC

Easy knock was there for our family when we needed help quickly.

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Jennifer Horst

Fast and efficient. There was some confusion about the amount of money I was getting at closing

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Erika

Using Easy Knock for my home equity loan was easy and convenient.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Olufisayo Humble, TX

They were honest, easy, and professional. Everything was done timely.

4 years ago

star star_border star_border star_border star_border

Darcy Ann Arbor, MI

The process for selling my house was easy, and the sales team was great to work with. However, their service as a renter has been awful. I have been waiting for over a month for repairs in the basement; after two quotes, Easyknock declined to pay for the repairs and then stopped responding to my messages. I do not recommend working with this company.

1 year ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Michelle Farmer Douglasville, GA

They were very responsive and made the process easy

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Audrey Koop Ballwin, MO

They helped me stay in my home when I had no other options

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Robert E Kinison Euclid, OH

Easy to deal with They return phone calls and emails

3 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Sharon Palmer

Great way to keep my home but not be overwhelmed with taxes.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Debbie

Easy to do business with and contact representatives as needed.

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Blake Sweat

They were easy to work with and very quick with the process

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Alexander Kogan

Good company, very good service No delays very professional people

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

DyAnne Awe

Lexi was FANTASTIC in customer service and help

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Blair Hershey

Easy to work with and are very professional

4 years ago

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

R Sitzman

Compared to traditional home equity loans, Easy Knock has been very helpful.

4 years ago