@hometap.com
Hometap is a Boston-based fintech company that began in 2017 to make homeownership more accessible and less stressful.
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About
Description
Hometap is a brand that provides homeowners with a unique opportunity to access their home equity in order to pay off debt. With a home equity investment, you can eliminate credit card debt, medical bills, auto loans, lines of credit, and other loans without incurring any additional debt, monthly payments, or interest. Unlike traditional methods like selling your home or taking out a loan, Hometap allows you to retain ownership of your beloved home while utilizing your equity.
Homeowners choose Hometap because it offers a debt-free solution that has no negative impact on their debt-to-income ratio, while also strengthening their financial standing. The process is simple, transparent, and can be settled over a period of 10 years. Many homeowners have experienced the benefits of using Hometap, with one customer seeing their credit score increase from 640 to 779 and achieving the incredible feeling of being completely out of debt.
To help homeowners make informed decisions, Hometap provides resources such as calculators to determine the cost of debt and guidance on how to prioritize which debts to tackle first. With Hometap, achieving your financial goals and gaining the freedom you desire is within reach
Company Type
Privately Held
Company Size
51-200
Year Founded
2017
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