Hometap, a Boston-based fintech company focused on innovative home equity financing, has announced the successful closing of HTAP 2025-2, a $300 million securitization backed by its originated home equity investments (HEIs). This marks the fifth securitization of Hometap’s HEI portfolio, reinforcing the company’s growing influence in the asset class and its ability to deliver capital access to institutional investors consistently.
The transaction, finalized on August 29, 2025, included a $231 million Class A tranche rated BBB(sf) and a $12 million Class B tranche rated BBB(low)(sf) by Morningstar DBRS. These ratings reflect the structured nature of the offering and the underlying performance of Hometap’s investment model, which continues to gain traction among homeowners and investors alike.
Hometap’s securitization activity is part of a broader strategy to scale its capital markets presence while expanding access to flexible home equity solutions. Since its inception, the company has deployed over $2 billion in home equity investments and served more than 20,000 homeowners nationwide. Its approach offers a compelling alternative to traditional home equity loans or lines of credit, particularly for homeowners seeking liquidity without taking on monthly debt obligations.
The core of Hometap’s offering is its HEI product, which allows homeowners to receive cash in exchange for a share of their home’s future value. The investment lasts up to ten years and requires no monthly payments, giving homeowners breathing room to manage their finances while retaining ownership and control of their property. This model has proven especially attractive in a housing market where home values continue to rise but access to traditional financing remains constrained for many.
With the closing of HTAP 2025-2, Hometap continues to demonstrate its ability to bridge the gap between homeowners’ financial needs and institutional capital. The company’s securitization track record, combined with its operational scale and customer reach, positions it as a leader in the evolving landscape of home equity financing. As demand for alternative financial solutions grows, Hometap is well-equipped to expand its impact and bring its homeowner-first approach to even more households nationwide.
KEY QUOTES:
“Accessing the capital markets supports our mission of meeting homeowners where they are, often at pivotal moments in their homeownership journey. Everything we do is focused on creating solutions that empower homeowners to access their equity with flexibility that aligns with their needs. Through each securitization, we’re able to transform investor enthusiasm for Hometap HEI asset-backed securities into offerings that provide homeowners with stability and the confidence to reach their financial goals.”
Jeffrey Glass, CEO of Hometap
“HTAP 2025-2 highlights our ability to deliver reliable execution for our capital partners. By demonstrating performance across multiple transactions, we are paving the way for broader investor participation in future HTAP securitizations. We are proud of our work to advance the asset class, and appreciate the opportunity to continue expanding homeowner access to our products.”
Cara Newman, VP and Head of Structured Finance at Hometap
