Mortgage
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Apply For a Hometap

Advertiser Disclosure

How to apply for a loan?

First, you will need to create an account and submit an investment inquiry through the website. If the company thinks the home equity investment is possible, it will send you an Investment estimate. It will include your investment terms. The company’s manager will set up a call with you to discuss the details. 

If you agree to the estimated terms, start an application. You will need to upload the documents and undergo an appraisal. After that, you can sign the contract.

Requirements

The company’s criteria for an eligible borrower are:

  • Having a single-family home or condo in a state Hometap operates in;
  • Having a FICO score minimum of 500 and credit score above 600;
  • Having a minimum of 25% of the home’s equity;
  • The investment amount should be 30% or less of your total home’s value.

Hometap application

FAQ

Who is eligible for Hometap?

To be eligible for Hometap, you should have at least 25% LTV, a 500+ FICO score, and a single-family home or condo in the eligible state. The company will fund no more than 30% of your home’s value.

How can I get a Hometap investment?

To get an investment, fill in the Investment Estimation form and wait for the company to reach you with additional details.

Where is a Hometap investment available?

Hometap is currently available in Arizona, California, Florida, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Utah, Virginia, and Washington.

Financial products
Hometap
Home Equity Investment
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
Similars products
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All Hometap’s reviews by may 2024
Leave feedback
Similar companies
Fannie Mae
1100 15th Street, NW Washington, DC 20005
+1 (800) 232-6643
NACA
225 Centre Street, Suite 100, Boston, MA 02119
+1 (425) 602-6222
Freddie Mac
8200 Jones Branch Drive McLean, Virginia 22102-3110
+1 (800) 424-5401
Lennar Mortgage
5505 Blue Lagoon Drive, Suite 502, Miami, FL 33126
+1 (888) 966-8262
PrimeLending
18111 Preston Road, Suite 900 Dallas, TX 75252
+1 (800) 317-7463