The SKYDAN Equity Program Unlock Your Home’s Equity With the Help of the SKYDAN Equity Home Program The homeowners agree to lease the home back from SKYDAN in the agreed amount for a period of time but, not to exceed two years. The rent is deferred (no monthly payments) until the end of the agreement. At maturity, the homeowner has two options: • Purchase the home back from SKYDAN at the agreed price (original purchase price + deferred rent), or • Sell the property. The homeowner will keep any value over the agreed upon amount that is due to SKYDAN. SKYDAN’s program allows homeowners to easily tap into their home equity without the approval restrictions, monthly payment plans, associated interest obligations that a traditional bank loan or home equity line of credit (HELOC) carries. With a traditional bank loan, consumers must go through a FICO-based credit approval process. If approved, they borrow the approved amount of money but are required to pay it back with interest monthly. This is what homeowners face every day with their wealth tied up in their homes while debt accumulates. SKYDAN's mission is to help customers access that home-equity wealth. We provide an easy alternative to traditional bank loans.