When our founder was nine, his dad had a heart attack. He was a plumber — the only paycheck in the house — and in the ’80s there was no backup plan. He was out of work for four months. The family had built their home themselves, but the only way through those months was the equity in it. So they sold, moved to a neighborhood they could afford, and rented. New school, new streets — none of it chosen.
They didn’t want to leave. They had no choice.
If Mainstay had existed then, that family could have sold the house, taken the equity they needed, and stayed put while he got back on his feet. Four hard months — not a different life.
That’s the company we’re building. Life happens to good people — a health scare, a divorce, debt that stacked up faster than expected. Getting through it shouldn’t have to cost you your home and your community. Mainstay lets you unlock your equity, clear your mortgage, and stay right where you are.
— The Mainstay team