Hometap Protects $100 million to aid So much more You.S. Residents Accessibility their home Collateral Instead Taking up Obligations
Financing usually stamina Boston-mainly based organizations proceeded national extension
BOSTON, (Community NEWSWIRE) — Hometap, that provides an intelligent, the new loan substitute for making use of home security versus taking up loans, today announced so it have safeguarded $100 million inside the investment. The main city improve comes with ICONIQ Financial support, LLC including Hometap’s most recent investors General Catalyst, G20, Pillar and American Family relations Possibilities, the latest campaign arm off AmFam Insurance rates.
With this additional financing, Hometap plans to continue its all over the country extension, with the goal of bringing its total reach to approximately 75 percent of U.S. homeowners. The company will also be expanding its platform capabilities and significantly growing its cross-functional team to continue to deliver a best in class homeowner experience.
Hometap Secures $100 billion to help So much more You.S. Home owners Access their property Guarantee Rather than Taking up Loans
We’ve been working diligently towards our mission of making homeownership less stressful and more accessible for as many U.S. homeowners as possible, and we’ve had tremendous success thus far, said Jeffrey Glass, CEO of Hometap. But the fact remains that the vast majority out of homeowners are feeling home steeped and cash poor’, and there’s a lot more work to be done to make home equity investments an option that’s available to everyone. (more…)