If you’re a homeowner, it’s no secret that traditional lending institutions look for a number of signifiers that you are responsible with your finances; and one of those key indicators is your credit score. Oftentimes, potential borrowers will be turned down for a loan simply because they do not meet the institution’s credit requirements. If you’re either accepted for a high-interest loan or turned down altogether, it causes undue stress and can lead to exacerbated financial hardship.

At SKYDAN Equity Partners, we proudly help homeowners who need cash on short notice — and we never ask a homeowner for their credit score. In order to qualify for the SKYDAN Equity Partners Sale and Leaseback Program, all you need is home equity.

Here we’ll go over why your credit score matters to traditional lending institutions, SKYDAN’s home sale and leaseback program, and why credit score doesn’t play a factor in qualifying for our unique program.

Why Does Credit Score Matter?

Your credit score is a key indicator of your spending habits to traditional lending institutions. It affects whether you qualify for property, auto and business loans, credit cards, and more. Credit score also influences the types of interest rates and loan terms you’re able to access; as you may have guessed, the better your credit score, the better the terms for which you qualify.

You may have already well observed, this system is inherently exclusionary. The worse off you are, the worse off you’re likely to stay.

How Credit Scores Work

Your credit score is represented by a number that indicates your creditworthiness, which is calculated by the three main credit bureaus — Equifax, TransUnion, and Experion. Because each of these agencies utilize their own calculation methods, the number will fluctuate between them, but one thing is certain: the higher the number, the better the credit score.

Here are the main factors that are considered when calculating your credit score:

  • Payment history
  • Employment status
  • Current debts/owed money
  • Credit history
  • Credit mix (i.e., the diversity of credit lines you’re utilizing)

Why SKYDAN’s Home Sale-Leaseback Program Doesn’t Factor Credit Scores

We are not a lender.

We have no desire to check your credit score because, quite frankly, that’s what lenders are for. However, we are not a bank. We are a real estate investment company, and our Sale-Leaseback Program allows families to unlock the equity they have in their home. The unique program gives homeowners the capital they need to reach their goals.

Here’s how it works:

We buy the home and in return give the homeowner a large sum of cash, with which they pay off existing debts (property taxes, credit card debt, medical bills, etc.). They then lease the home back from us for up to 24 months with deferred rent payments. This means that while they’re leasing the home back from us, there are no monthly payments, no interest paid, and no added debt.

At the end of the 24-month period, they have two options:

Purchase the home back (original price + deferred rent)


Sell the property, keeping all additional equity

We don’t care about credit score, employment history or debt-to-income ratio. We are here to help homeowners improve their finances, not add to their debts. The only thing they need in order to qualify for our program is to have enough equity in their home.

When Banks Say No, We Say Yes

Whether you are looking for an alternative to home refinancing or you need help with lien avoidance, SKYDAN Equity Partners has the solution you’ve been searching for. However, unlike other options you may have considered — such as banks and other traditional lenders — we simply do not care about your credit score. If you are tired of the banks telling you “no” because they don’t like your credit rating, come to SKYDAN Equity Partners — we say “yes.”  Want to learn more about The Original Sale-Leaseback Program Since 2004? Give us a call today for a consultation or to learn more.