Fact Sheet
Our Company
REX & Co., through its REX Agreement, is the only company in the United States that enables homeowners to convert their equity into cash with no debt, no interest, and no monthly payments—ever. Neither a lender nor a bank, REX & Co. is a respected pure equity home finance and real estate investment company with a single-minded focus on creating smart alternatives for homeowners to access their homes’ equity. REX & Co. was founded in 2004. We are a privately held company. Our investors include AIG Financial Products, the largest minority investor, Royal Bank of Scotland/Greenwich Capital, the Hellman & Friedman Partners, and Susquehanna International Group.
Our Product
The REX Agreement is a real estate investment agreement in the form of an option that enables homeowners to convert the equity in their home into cash. A REX Agreement is true equity financing. Homeowners receive a large up-front cash payment in exchange for giving REX & Co. the right to share in a specified percentage of the future change in value of their home. If the home increases in value, REX & Co. shares in the gain. If the home declines in value, REX & Co. shares in the loss.
A REX Agreement typically lasts until the sooner of 50 years (40 in IL, 30 in NC), or the sale of the home. REX & Co. receives its share of the change in value of the home when the REX Agreement ends.
The most common uses of a REX Agreement include:
- Tapping into your equity—with no debt, no interest, and no monthly payments—without selling your home and using the proceeds to plan for retirement, purchase a move-up or second home, fund a child’s college education, or secure long-term health care or retirement income.
- Making buying a home more affordable by increasing your down payment and reducing your monthly mortgage payments.
- Diversifying your asset portfolio and protecting yourself against the potential decline in value of your home.
- Saving you thousands of dollars in interest charges as compared to a second mortgage or home equity loan to fund a major purchase, improve your home, or reduce your monthly payments by paying off existing debt.
Our Clients
REX & Co. works directly with homeowners, financial advisors, realtors, insurance agents, and charitable organizations.
How To Contact Us
You can reach us by phone at:
866-722-3910
Or email at:
Or postal mail at:
101 California Street
Suite 1950
San Francisco, CA 94111
If you are a homeowner interested in learning more, call 1-866-722-3910.
If you are a financial services professional interested in learning more, call 866-722-3608.