FundingSource: HousingWire
Balance Homes doubles to 12 states after $30M Falco-backed co-ownership relaunch
Original headline: “Balance Homes rolls out co-ownership program across 12 states” — HousingWire, Oct 22, 2026
HousingWire reports that Balance Homes expanded its home co-ownership program to 12 states — Alabama, Florida, Georgia, Indiana, Kentucky, Minnesota, Missouri, North Carolina, Ohio, South Carolina, Tennessee and Texas — doubling its footprint after a relaunch earlier this year backed by a $30 million investment led by Falco Group. CEO Aamer Abdullah told HousingWire the company plans to reach at least 25 states by the end of 2026 or early 2027 and is already working to launch in two more. Under the model, Balance purchases a share of the homeowner’s property, pays off the existing mortgage, and offers a path to repurchase its equity over time; participants complete a free HUD-certified housing counselor session before signing, get ongoing credit counseling after closing, can repurchase incrementally anytime, and may qualify for a sliding-scale fee rebate if they buy back within three years. Balance cited ATTOM’s Q2 2026 finding that 41.1% of mortgaged homes were equity-rich.
Our take (opinion & analysis, not reporting)
For US agents with clients who have home equity but need cash without selling — medical bills, temporary income loss — know that mortgage-payoff co-ownership products like this exist in a growing state list, not only HELOCs or cash-out refis. Before you refer anyone, verify the product is live in your state, walk the buyback pricing and fee rebate with a HUD counselor and your brokerage’s referral policy, and keep the CRM of record for any follow-up rather than treating Balance as a listing or CRM tool.
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