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Hometap Equity Partners

in Shared Equity Agreements from Hometap

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Hometap Equity Partners

Claimed

in Shared Equity Agreements from Hometap

SuperMoney Net Recommendation Score +67%

SUPERMONEY NET RECOMMENDATION SCORE

+67%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Strongly recommended

5 users recommend
0 users are unsure
1 user doesn't recommend
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Highlights
Community Rating Strongly recommended
Shared Equity Use Case Equity Cash-Out
Investment Range $ $15,000 - $400,000
Investment Range % 5% - 15%
Number of Reviews 6
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Contact

  • Headquarters
  •   800 Boylston St
    Suite 2906
    Boston, MA 02199
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 5:00pm
  • Tuesday 8:00am - 5:00pm
  • Wednesday 8:00am - 5:00pm
  • Thursday 8:00am - 5:00pm
  • Friday 8:00am - 5:00pm
  • Saturday Closed

About Hometap Equity Partners

Message From Hometap

Hometap was created to make homeownership more accessible and less stressful, because its founders believe that you should be able to have a house and a life. So we created an alternative to loans that allows responsible homeowners to tap into the future value of their home in order to access their equity today. Because Hometap isn’t a lender, there are no monthly payments and no interest. Receive cash in as little as three weeks to fund… whatever you want.

Availability

  Available in 12 states
  • Arizona
  • California
  • Florida
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • New Jersey
  • New York
  • North Carolina
  • Oregon
  • Virginia

Feature Breakdown

Share of Home Value 5% - 25%
Closing Costs (%) 1% - 5%
Origination Fee (%) 3%
Credit Score Range 620 - 850
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use
  • Investment
  • Primary Home
Maximum LTV 75%
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
  • Tax Returns
Verification Documents Required
  • Proof of Identity
  • Government Issued Photo ID
  • U.S. Tax Identification Number
  • Social Security Number
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Shared Equity Use Case Equity Cash-Out
Funding Time Range 24 - 31 days
Investment Range % 5% - 15%
Investment Range $ $15,000 - $400,000

Hometap Equity Partners Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+67%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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