Verified fintech
Hometap
- Headquarters
- Boston, MA
- Website
- hometap.com
- Category
- Mortgages & property
About
Hometap makes home-equity investments, giving homeowners a lump sum in exchange for a share of their home's future value. There are no monthly payments or interest; the homeowner settles the agreement, typically within a 10-year term, by buying out Hometap or selling the home. If the home loses value, Hometap can share in that loss. It is an equity agreement, not a loan.
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