Similar companies to Hometap
Hometap is a company that offers a unique solution for homeowners to access their home's equity without taking on additional debt. By investing in a portion of the home's value, Hometap provides homeowners with funds to be used for various purposes, such as home improvements, education, or debt consolidation. In return, Hometap receives a share of the future value of the home when it is sold or refinanced. Homeowners can choose to repurchase Hometap's share at any time within a predetermined period. This innovative approach allows homeowners to unlock the value of their home while maintaining the flexibility and control over their financial future. Below is the list of lookalike companies of Hometap:
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People also ask:
What percentage does Hometap take?
Hometap's Pricing & Fees Hometap doesn't charge interest and makes most of its money when you're home value increases and you pay them a portion of what you make on the sale. That said, Hometap does charge a few fees. The biggest one is a fee equal to 3% of your investment for funding and arranging the transaction.Apr 11, 2023
How do I pay off Hometap?
The length of a Hometap investment term is 10 years. To pay off the investment, you can either buy it out with savings, take out a loan, or sell your home during the effective period.Jul 17, 2023
How long does it take to get money from Hometap?
Get up to $600,000 in as little as 3 weeks. See how much you can access and what your Hometap Investment could look like over time.
Is Hometap a public company?
Hometap General Information Founded in 2018, Hometap is a private equity firm based in Boston, Massachusetts.
How do you find similar companies to Hometap?
We look into multiple data points: CPP ads data, company description, company employee experience and skills. We also use AI to summarize and extract keywords from the home page of Hometap and compare that with other companies.
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