Tweet BOSTON, MA, Hometap today announced that it has secured $100 million in new financing.
With this additional financing, Hometap plans to continue its nationwide expansion, with the goal of bringing its total reach to approximately 75 percent of U.S. homeowners.
Hometap's unique homeowner-first approach, coupled with its simple and transparent pricing model, has allowed the company to differentiate itself and achieve significant market share within the rapidly growing home equity investment category.
Homeowners receive debt-free cash by selling a percentage of the equity in their homes to Hometap.
When the home sells or the homeowner settles the investment, Hometap is paid out an agreed-upon percentage of the sale price or current appraised value. | To read full story, visit https://startuparound.com/read/1576231207.9882095/Hometap-Inks-$100M?ref=audio_experience