Repayment of loan
You will need to settle the investment with Hometap during the effective period of 10 years. You can sell your house at any time or buy an investment from the company. Once you decide to settle, Hometap will get a share. It is a percentage stated in your agreement with the company of the home’s sale price.
There is a fee of 3% of the investment amount for application processing.
You will need to keep on your obligations regarding the house, including paying loans, mortgages, taxes, or home insurance. In case the homeowner dies, the obligations will be moved to the property.
Payment Details
Short name
Hometap
