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Hometap named Bostinno's 'Inno on Fire' 2021 Honoree

November 15, 2021


Bizjournal

If 2020 was a strange year for Boston’s startups, companies and nonprofits, 2021 was its equally weird sequel.

Today, we’re honoring the companies that were on fire in 2021, raising money, growing their firms, bringing in new customers, launching new products and boosting Boston’s ecosystem. Soon, we’ll announce the Blazer winners, one from each category, chosen by our panel of judges.

Without further ado, here are your 2021 Inno on Fire honorees:

Hometap: Hometap is a Boston startup looking to disrupt the real estate market by providing an alternative to loans called a “home equity investment,” providing cash in exchange for a share in the home’s future value. The company made a key executive hire in April, bringing tech industry veteran Moe Khan onboard as vice president of engineering. It also expanded operations to Pennsylvania, Washington and Ohio, extending its reach to 15 states. And during the second half of the pandemic, it pivoted to go remote with previously in-person processes, such as home appraisals,
financings and county recordings.

This article originally appeared on bizjournals.com. Read the full article here. 


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The Hometap family of companies utilizes Hometap Equity Partners, LLC and Hometap Homeownership Solutions, LLC to provide Hometap Home Equity Investments (HEI or HEIs). Each entity has the ability to enter into a HEI directly with the consumer:

Hometap Equity Partners, LLC dba Hometap. NMLS ID# 2467867 361 Newbury St, 5th Floor, Boston, MA 02115 NMLS Consumer Access

Hometap Homeownership Solutions, LLC dba Hometap. NMLS ID# 2819930 361 Newbury St, Office 450, Boston, MA 02115 NMLS Consumer Access

Hometap Real Estate Equity Partners, Inc. holds real estate brokerage licenses in certain states. California DRE #02191883

A Hometap HEI has a ten (10) year term, during which no monthly or recurring payments are required. Hometap records a lien against the property, in the form of a mortgage or deed of trust, to secure its interest. You may choose to settle the Investment at any time during the term without incurring any penalties by exercising an Owner Repurchase. If you do not settle the HEI by the expiration of the term, your Hometap HEI provider may exercise its right to acquire a percent ownership interest in the property and then work with you to sell the property. You may contact either Hometap entity at hello@hometap.com (for prospective or current applicants) or homeowners@hometap.com (for homeowners with an active HEI) for more information. Eligibility criteria are subject to change. For current criteria, please contact your Hometap HEI provider at (855) 223-3144 or visit www.hometap.com/faqs

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