{"id":158200,"date":"2024-11-02T21:51:48","date_gmt":"2024-11-02T21:51:48","guid":{"rendered":"http:\/\/ampnvolt.com.my\/?p=158200"},"modified":"2024-11-02T21:52:18","modified_gmt":"2024-11-02T21:52:18","slug":"hometap-secures-100-billion-to-greatly-help","status":"publish","type":"post","link":"http:\/\/ampnvolt.com.my\/?p=158200","title":{"rendered":"Hometap Secures $100 billion to greatly help Significantly more You.S. Homeowners Availableness their residence Guarantee Versus Trying out Debt"},"content":{"rendered":"Hometap Secures $100 billion to greatly help Significantly more You.S. Homeowners Availableness their residence Guarantee Versus Trying out Debt<\/title><\/p>\n<h2>Money will power Boston-situated organizations continued national extension<\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/www.ncesc.com\/wp-content\/uploads\/2022\/12\/All-The-Prepaid-Cards-768x403.png\" alt=\"what do i need for a cash advance\" width=\"450\" align=\"left\"><\/p>\n<p>BOSTON, (Globe NEWSWIRE) — Hometap, that gives a sensible, the brand new financing substitute for making use of house equity in the place of trying out debt, today launched that it has protected $100 million in this new capital. The administrative centre raise has ICONIQ Investment, LLC also Hometap’s newest traders General Stimulant, G20, Pillar and American Nearest and dearest Solutions, new promotion case out of AmFam Insurance policies.<\/p>\n<p>With this additional financing, Hometap plans to <u>continue its nationwide expansion<\/u>, with the goal of bringing its total reach to approximately 75 percent of U.S.<!--more--> homeowners. The company will also be expanding its platform capabilities and significantly growing its cross-functional team to continue to deliver a best in class homeowner experience.<\/p>\n<h2>Hometap Secures $100 million to aid So much more You.S. Home owners Accessibility their residence Guarantee Rather than Taking on Obligations<\/h2>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/zQrU4LfMMk4&pp=ygUdbWVyY2hhbnQgY2FzaCBhZHZhbmNlIG5lYXIgbWU%3D\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>We’ve been working diligently towards our mission of making homeownership less stressful and more accessible for as many U.S. homeowners as possible, and we’ve had tremendous success thus far, said Jeffrey Glass, CEO of Hometap. But the fact remains that the <u>vast majority of property owners are presently feeling family rich and money poor’<\/u>, and there’s a lot more work to be done to make home equity investments an option that’s available to everyone. We’re thrilled to have the financial support of such a diverse group of asset-backed and venture investors who can further propel Hometap towards helping millions of Americans free up liquidity from their homes without taking on more debt.<\/p>\n<p>According to <u>Hometap’s 2019 Homeownership Research<\/u>, despite having a need for capital, 73 percent of U.S. homeowners don’t want to take on more debt through traditional financing options such as home equity loans or HELOCS. Hometap provides a smart new alternative to these solutions, enabling homeowners to access a percentage of their home’s current value in exchange for an agreed upon percentage of the future value of their home. By taking an investment in their home, rather than incurring additional debt, homeowners are now able to tap into their home equity without the stress of monthly payments and interest. Hometap’s unique homeowner-first approach, coupled with its simple and transparent pricing model, has allowed the company to differentiate itself and achieve significant market share within the rapidly growing home equity investment category.<\/p>\n<p>One homeowner who turned to Hometap while trying to find a way to fund home renovations and pay off credit card debt is <u>Butch F. of Monroe, New york<\/u>. My wife and I had to start putting home repairs, including a new roof and HVAC system, on our credit cards, said Butch. We knew we had to pay off the credit card debt and were worried that if we didn’t get another home loan, we might have to sell our house. That’s when we started searching for alternatives and found Hometap. Given our financial situation, it was a no brainer – the process was easy, we received our cash in a few weeks and were able to pay off our credit card debt, while having enough cash left over to fix our driveway and yard, which has already helped increase the value of our home.<\/p>\n<p>And additionally providing home owners open the fresh new collateral in their property to deal with economic requires or pursue future ventures, Hometap is also assisting to resolve a life threatening asset allotment condition on the U.S. Homeowners may now use the riches collected in their house to invest in other possessions so you’re able to broaden their profile and right proportions <a href=\"https:\/\/paydayloansalaska.net\/chignik-lake\/\">https:\/\/paydayloansalaska.net\/chignik-lake\/<\/a> their obligations. At the same time, the business is providing their people usage of the latest You.S. residential housing market, an asset class which had been prior to now hard to access.<\/p>\n<p>We’re pleased to feel using having Hometap. That have an extremely transparent, customer-very first approach, they are getting an important solution to the challenges faced from the of a lot homeowners, said Nugi Jakobishvili, ICONIQ’s Master Capital Administrator. Due to the fact dealers, its uncommon discover potential to your mix of an appealing house reputation, a gifted management class, together with potential to promote significant financial benefits to households round the the nation. Hometap’s deep bench of high quality, highest ethics pros has established an exceptional system that assists line up home owners and buyers. He or she is incredibly really-arranged to lead the development we’re watching in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hometap Secures $100 billion to greatly help Significantly more You.S. Homeowners Availableness their residence Guarantee Versus Trying out Debt Money will power Boston-situated organizations continued national extension BOSTON, (Globe NEWSWIRE) — Hometap, that gives a sensible, the brand new financing substitute for making use of house equity in the place of trying out debt, today […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8070],"tags":[],"_links":{"self":[{"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=\/wp\/v2\/posts\/158200"}],"collection":[{"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=158200"}],"version-history":[{"count":1,"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=\/wp\/v2\/posts\/158200\/revisions"}],"predecessor-version":[{"id":158201,"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=\/wp\/v2\/posts\/158200\/revisions\/158201"}],"wp:attachment":[{"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=158200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=158200"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ampnvolt.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=158200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}