Hometap helps eliminate the house-rich, cash-poor crisis for homeowners, allowing them to accomplish their life goals by investing as much as $400,000 in exchange for a share of the future value of their home. By investing alongside the homeowner, participating in the appreciation (and in some cases, the depreciation) of homes, and giving the homeowners the ability to settle anytime within 10 years, Hometap’s goals align with those of our homeowners. Until now, every financing solution for accessing home equity has put the homeowner in even greater debt. A home equity investment from Hometap provides homeowners with a first-of-its-kind smart new loan alternative for accessing their home equity without any monthly payments or interest. By taking on an investor rather than a lender, homeowners can access the cash they need to accomplish the financial goals they’ve been putting off — home renovations, investment opportunities, buying a second home, and more — completely debt-free.
- Trustpilot reviews show an average of 4.8 stars and 91% of reviews are five stars
- On track for investment volumes to grow to 5x levels in 2019 and has growing assets under management that are worth more than $150 million
- Expanded operations into six new states, doubling state coverage and extending reach to approximately 57% of U.S. homeowners since December 2019
Real Estate Investment and SFR