their home. There are no interest charges or monthly payments on the financing provided. The company operates two programs, Unison HomeBuyer and Unison HomeOwner. The first, HomeBuyer, works in combination with a traditional mortgage, providing 5% to 15% of a 20% down payment, while the HomeOwner program is geared toward current homeowners looking to tap into their home equity. Both programs remain interest-free without monthly payments for 30 years. The company, in return, shares 35 percent of the appreciation in the home either when it is sold, after 30 years, or when the borrower decides to pay back the investment. Conversely, if the home depreciates, the company shares in 35 percent of the loss. There is a minimum of 3 years required in order to realize the property appreciation. The company's programs look to connect pension funds and institutional investors and their private risk capital with the growing number of retiring baby boomers with inadequate savings, college graduates with student loan debt, first time home buyers, and Millennials. In 2017 the average homebuyer under 35 spent 8% on a down payment. the company's business model involves splitting a 20% down payment with homebuyers. Unison has relationships with Guaranteed Rate, HomeBridge Financial Services, Guild Mortgage, Valley Bank, Goldwater Bank, HomeStreet Bank, PRMG, Supreme Lending, LendUS and others. Unison programs are currently available in 30 states including Arizona, California, Connecticut, Oregon, Washington, Illinois, Massachusetts, Maryland, New Jersey, New York, Pennsylvania, Virginia, Florida, Georgia, Ohio, Michigan, Minnesota, Nevada, Colorado, North Carolina, Missouri, Delaware, Indiana, Kansas, Kentucky, New Mexico, South Carolina, Tennessee, Utah, Wisconsin and Washington, DC. References External links Official website Real estate in the United States Mortgage lenders of the United States Companies based in San Francisco