Hometap Wins Alternative Financing Solution of the Year

September 1, 2021


Proptech Breakthrough

While real estate is the largest asset class in the world, most vertical business categories surrounding the real estate industry are still in the early stages of tech adoption.

The Real Estate industry is now firmly in the midst of a transformative new era, revolutionized through BREAKTHROUGH digitization, data access, and mobile technologies applied across the entire property ecosystem.

The Property Technology Industry, or PropTech, promises to digitally transform the end-to-end property and real estate markets. At its core, PropTech is streamlining and modernizing the cumbersome process of researching, renting, buying, selling, and building real estate, but the real estate technology industry extends to smart building technology, space management, co-living and co-working, construction, real estate finance, architecture and more!

This article originally appeared on proptechbreakthrough.com. Read the full list of winners 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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