Hometap

A home-equity loan requires monthly payments and charges interest on the borrowed amount; Hometap provides a lump-sum payment in exchange for a percentage share of the home's future value, with no monthly payments. The agreement is settled when the home is sold or the homeowner chooses to buy out the investment, typically within a 10-year window. This structure aligns Hometap's return with home-price appreciation rather than a fixed interest spread.

As of 2026, Hometap originates home-equity investments in 20 states: Arizona, California, Delaware, Florida, Georgia, Idaho, Indiana, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, South Carolina, Utah, and Virginia. Homeowners outside those states can still access the Home Equity Dashboard for property insights.

Homeowners can access up to $600,000 of their home equity through a Hometap investment. The specific amount depends on the property's appraised value, the homeowner's equity stake, and Hometap's underwriting criteria for that market.

Hometap uses its own balance-sheet capital to fund investments, holding the contracts as principal investments rather than brokering them to third parties. The firm has raised venture funding to scale its platform, though the specific vehicle structures and limited-partner base have not been publicly detailed.

There is no public evidence that Hometap securitizes or resells its home-equity investment contracts. The firm appears to retain the agreements on its books, earning its return when homeowners sell their property or choose to buy out the investment during the term.