Hometap is disrupting the crowded real estate technology market by providing homeowners with a debt-free solution for tapping into their home equity to fund life expenses. As a home equity investor, not a lender, Hometap gives homeowners near-immediate access to up to $600,000 cash in exchange for a percentage of their home’s future value.
Hometap employs data-driven tools, including a proprietary risk model, to get a comprehensive view of each applicant that extends well beyond their FICO score. Machine learning analysis allows Hometap to help those who may have been turned away by traditional lenders or conventional financing options. With its revolutionary approach to home financing, Hometap is not only making homeownership more accessible and less stressful for “house-rich, cash-poor” homeowners, but also creating a brand new asset class for investors that allows them to participate in the multi-trillion dollar residential real estate market.
Company Website:
Markets Served:
Single Family Investment and Property Management
Company HQ:
Boston, MA
