Under Jeff’s leadership, Hometap has become a residential real estate platform that is changing home ownership financing. Hometap invests in residential properties making passive investments alongside homeowners, and participates in the future value of the home. For homeowners, this is a simplified, sensible alternative to debt and monthly payments allowing them to pay off bills, build savings, and fund life’s emergencies. For investors, this is a new asset class, allowing them to participate in the multi-trillion-dollar residential real estate market without the operational and management hassles of owning and operating homes. Jeff has also been in the investor’s seat, spending 6 years as an MD at Bain Capital Ventures. He is a graduate of Amherst College and Harvard Business School.
Hometap is revolutionizing home financing, giving this generation of homeowners a new way to take advantage of the equity they’ve earned in their homes. Founded in 2017, Hometap makes investments of up to 20 percent of a current home‘s value, allowing homeowners to immediately receive cash for the things they need and want without having to incur further debt through a home equity loan or second mortgage. Because Hometap is not a lending product, there is no set credit score required, no interest rates, and no monthly payments. Through home equity investments, Hometap is working to change the face of homeownership and provide financial stability and freedom to homeowners.