Hometap named 2021 HW Tech100 Real Estate winner
March 3, 2021
BOSTON – March 3, 2021 – Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, announced that it has been named to HousingWire’s HW Tech100 Real Estate list. The list recognizes the most innovative and impactful technology companies in the housing economy that are creating practical, tangible solutions for the problems that homebuyers, homeowners, real estate agents, and lending professionals are dealing with today.
“We’re incredibly honored to be named to the HW Tech100 Real Estate list for the second year in a row,” said Jeffrey Glass, CEO of Hometap. “Our team worked harder than ever to adapt to the unique challenges of 2020, turning previously in-person processes like home appraisals, financings, and county recordings into digital experiences. This recognition reflects that effort and dedication, as well as our commitment to put the homeowner first in everything we do.”
Hometap gives homeowners near-immediate access to the equity in their homes — without interest or monthly payments — in exchange for a percentage of the future value of the property. In July, Hometap announced that it had expanded its operations to a total of twelve U.S. states, doubling the company’s state count since December 2019 and extending its reach to approximately 57% percent of U.S. homeowners.
The HW Tech100 Real Estate list is determined by both a panel of industry leaders and a committee of HousingWire editors. Hometap was previously named to the 2020 Tech100 Real Estate list, alongside several other companies that are revolutionizing the real estate sector.
“After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come,” said Brena Nath, HousingWire’s HW+ Managing Editor. ”Knowing what these companies were able to navigate and overcome, we’re excited to announce this year’s list of the most innovative technology companies serving the mortgage and real estate industries.”
The full list of winners in the 2021 HW Tech100 Real Estate category can be found here.
To learn more about Hometap, visit www.hometap.com. For home financing insights and homeownership tips, visit the company’s What’s on Tap blog and subscribe to their newsletter at https://www.hometap.com/blog/.
Hometap is a smart new loan alternative for tapping into home equity without taking on debt. Homeowners receive debt-free cash by selling a percentage of the equity in their homes to Hometap. They can use the cash for anything, from paying off credit-card debt to starting a business to buying a second home. 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. Learn more at https://www.hometap.com/.
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