Hometap - Trusted Lending Partner at LoanFactory

Hometap

Address: 75 Arlington Street, suite 500, Boston, MA 02116

https://www.hometap.com/

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
17,923

Total loans closed with Loan Factory (past 12 months)
14,517

Lender overview

Basic information

QM Program

N/A

Loss Payee

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CPL or Subordinate Clause

N/A

Lock policies & Fees

Lock Policies

Lock extension

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Relock

N/A

Lock & Shop

Lender's niche & Overlays

Lender's Niche

Home Equity Investment

Our home equity investment product provides homeowners with a fast, simple, and straightforward way to access the equity in their home without taking out a loan or having to sell. By investing alongside homeowners, we offer up to $600,000 in debt-free cash in exchange for a share of their home’s future value — all without any monthly payments or interest over the life of the Investment.

Lender's overlays

N/A

Lender turn time

Initial underwrite (days)

CTC conditions review (days)

Initial CD (days)

Review - Hometap

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