Providers operating in Alabama
2 of the six major providers say they operate in Alabama. Availability can vary by county.
- Hometap10-year term · cost cap 18.5% a year · about 14.1% a year in our standard example
- Unlock10-year term · cost cap 19.9% a year · about 15.9% a year in our standard example
Provider lists come from each provider's own availability page, retrieved September 23, 2026. All states.
Laws, rules, and reports
We found no HEI-specific law, regulation, or state report in Alabama as of September 23, 2026. General state lending and consumer protection laws still apply.
Enforcement and court cases
We found no enforcement action or court case involving home equity investments in Alabama as of September 23, 2026.
Bills
We found no pending HEI bill in Alabama as of September 23, 2026.
Federal activity
2 federal items pending that would apply in every state: Home Equity Lending Integrity Act (S. 4803), Shared Home Appreciation for Residential Equity Act (H.R. 8116).
Before you sign in Alabama
- Check the company's license at NMLS Consumer Access.
- Ask for the settlement amount at 0%, 4%, and 8% yearly appreciation, and for when you might settle.
- Convert each offer to an effective yearly cost on HEI Calculator and compare it with a HELOC or home equity loan (HEI vs HELOC).
Reference information, not legal advice. Facts last checked September 23, 2026. Know of something we're missing in Alabama? Tell us.
HEI Calculator
Run your own home and assumptions through every provider and get one comparable effective annual cost.
HEI Compare
Point, Hometap, Unlock, Unison, Splitero and CHEIFS side by side, with reviews and head-to-heads.
HEI Facts, HEI Calculator, and HEI Compare are sister sites run by the same independent team.