Kiyoshi Inui — President & Loan Originator · Los Angeles County · HEI First Lien · 2026
HEI First Lien in Los Angeles County
For Los Angeles County homeowners who own their home free and clear — with no existing mortgage — the HEI First Lien provides a lump sum of cash with no monthly payment, no income requirement, and no DTI requirement, in exchange for a share of the home's future value.
Direct Answer: The HEI First Lien in Los Angeles County is a Home Equity Investment that records in first lien position on a property owned free and clear — with no existing mortgage. The homeowner receives a lump sum of cash (up to $500,000 or 25% of appraised value, whichever is less) in exchange for a share of the home's future value. There is no monthly payment, no income requirement, no DTI requirement, and no debt obligation. The minimum credit score is 500. It is the appropriate HEI option for Los Angeles County homeowners who have fully paid off their mortgage and want to access equity without taking on a new loan or monthly payment.
How the HEI First Lien Works in Los Angeles County
The HEI First Lien is structurally identical to the HEI Second Lien — it is a Home Equity Investment that provides a lump sum of cash in exchange for a share of the home's future value, with no monthly payment and no income or DTI requirement. The difference is lien position: the HEI First Lien records in first lien position because there is no existing mortgage on the property.
For Los Angeles County homeowners who have paid off their mortgage, the HEI First Lien is the applicable option. There is no existing lender to subordinate to, so the HEI records in the senior lien position. The homeowner retains full ownership, continues living in the home, and has no new monthly payment obligation.
At repurchase — through a home sale, a refinance, or a cash settlement — the HEI investor receives their share of the home's value at that time. Because there is no first mortgage to pay off first, the homeowner's net proceeds at sale are the full sale price minus the HEI repurchase amount and any transaction costs.
HEI First Lien Program Specifications — Los Angeles County
| Specification | Detail |
|---|---|
| Lien Position | First lien — property must be owned free and clear |
| Maximum Investment | Up to $500,000 or 25% of appraised value, whichever is less |
| Term | Concurrent with remaining senior mortgage — minimum 10 years, maximum 30 years |
| Early Repurchase | Permitted at any time — no prepayment penalty |
| Repurchase Options | Home sale, refinance, or cash settlement |
| Monthly Payment | None |
| Income Requirement | None to pre-qualify |
| DTI Requirement | None |
| Minimum Credit Score | 500 |
| Property Value Range | $200,000 to $5,000,000 appraised value |
| Property Types | Owner-occupied SFR, condominium, townhome, multi-family (2–4 units) |
| Trust / LLC Held | Eligible |
| Existing Mortgage | None — property must be free and clear (for properties with a mortgage, see HEI Second Lien) |
Free-and-Clear Context for Los Angeles County Homeowners
In Los Angeles County, a meaningful segment of homeowners — particularly long-term owners, retirees, and those who inherited property — own their homes free and clear. For these homeowners, the traditional equity access options (HELOC, home equity loan, cash-out refinance) all require taking on a new loan with a monthly payment and income qualification. The HEI First Lien provides an alternative that requires none of those things.
For Los Angeles County homeowners who are retired or on fixed income, the HEI First Lien is particularly relevant — it provides access to the equity built over decades of ownership without creating a new monthly payment that could strain a fixed-income budget. The homeowner continues living in the property with no change to their monthly obligations.
The HEI First Lien is also relevant for Los Angeles County homeowners who want to access equity for a specific purpose — home improvements, medical expenses, family support, or other needs — without taking on debt or qualifying through income documentation. Our team reviews the HEI First Lien alongside every other equity access option for each homeowner before any recommendation is made.
Who the HEI First Lien Is For — Los Angeles County
Free-and-Clear Homeowners Who Want No New Payment
Los Angeles County homeowners who own their property outright and want to access equity without taking on a new monthly payment — a HELOC, home equity loan, or cash-out refinance would all create a new payment obligation. The HEI First Lien does not.
Retirees and Fixed-Income Homeowners
For Los Angeles County homeowners on retirement income or fixed income who cannot qualify for traditional second mortgage products due to income constraints, the HEI First Lien provides equity access with no income or DTI requirement.
Homeowners Who Cannot Qualify for Traditional Loans
The HEI First Lien is available to homeowners with a minimum credit score of 500 and no income or DTI requirement — making it accessible to homeowners who cannot qualify for traditional equity access products due to credit, income, or debt constraints.
HEI First Lien vs. HEI Second Lien — Los Angeles County
The HEI First Lien and HEI Second Lien are the same product with the same program terms — the difference is lien position, which is determined entirely by whether an existing mortgage is present on the property.
If the Los Angeles County homeowner has an existing mortgage, the HEI records in second lien position (HEI Second Lien). If the homeowner owns the property free and clear, the HEI records in first lien position (HEI First Lien). The homeowner does not choose the lien position — it is determined by the property's existing encumbrances. Our team confirms the correct option for your specific Los Angeles County property before any application is submitted.
Frequently Asked Questions
What is an HEI First Lien in Los Angeles County?
HEI First Lien in Los Angeles County — the HEI First Lien is a Home Equity Investment that records in first lien position on a property owned free and clear, with no existing mortgage. The homeowner receives a lump sum of cash (up to $500,000 or 25% of appraised value, whichever is less) in exchange for a share of the home's future value at repurchase. There is no monthly payment, no income requirement, no DTI requirement, and no debt obligation. The minimum credit score is 500. It is the appropriate HEI option for Los Angeles County homeowners who have fully paid off their mortgage and want to access equity without taking on a new loan.
Who qualifies for the HEI First Lien in Los Angeles County?
HEI First Lien Qualification in Los Angeles County — the HEI First Lien is available to owner-occupants who own their property free and clear, with a minimum credit score of 500, a property appraised between $200,000 and $5,000,000, and no disqualifying credit events (more than 2 NODs in the past 12 months, a notice of sale in the past 12 months, Chapter 7 bankruptcy in the last 4 years, Chapter 13 bankruptcy less than 2 years from discharge, or any foreclosure in the last 7 years). There is no income or DTI requirement to pre-qualify. Properties held by a trust or LLC are eligible. Our team reviews eligibility for your specific Los Angeles County property and financial profile.
How is the HEI First Lien repurchased in Los Angeles County?
HEI First Lien Repurchase in Los Angeles County — the homeowner repurchases the equity share through a home sale, a refinance, or a cash settlement at any time within the term. There is no prepayment penalty for early repurchase. Because there is no first mortgage to pay off first, the homeowner's net proceeds at sale are the full sale price minus the HEI repurchase amount and transaction costs. The repurchase amount is based on the home's value at the time of repurchase and the investor's share of appreciation. Our team reviews the repurchase mechanics for your specific Los Angeles County situation before any application is submitted.
What is the difference between the HEI First Lien and a reverse mortgage for Los Angeles County homeowners?
HEI First Lien vs. Reverse Mortgage in Los Angeles County — both the HEI First Lien and a reverse mortgage provide equity access with no monthly payment for free-and-clear homeowners. The key differences are: the HEI has no age requirement (reverse mortgages require age 62+ for HECM or 55+ for proprietary products); the HEI is structured as an equity share rather than a loan; and the HEI term is defined (minimum 10 years, maximum 30 years), while a reverse mortgage has no defined repayment date during the borrower's lifetime in the home. The reverse mortgage is generally more appropriate for homeowners 62 or older who want to maximize equity access and have no plans to sell or refinance. Our team reviews both options for your specific Los Angeles County situation.
Can I use the HEI First Lien if my property is held in a trust in Los Angeles County?
HEI First Lien and Trust-Held Properties in Los Angeles County — yes, properties held in a trust are eligible for the HEI First Lien, provided the property is owner-occupied and all other eligibility requirements are met. Trust-held properties are common in Los Angeles County, particularly for estate planning purposes. Our team reviews the trust documentation and confirms eligibility for your specific Los Angeles County property before any application is submitted.
Review HEI First Lien Options for Your Los Angeles County Home
Our team reviews your equity position, qualification profile, and goals — then presents the HEI First Lien alongside every other equity access option with honest trade-offs.
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