Hometap Announces Closing of $300M Securitization of Hometap-originated Home Equity Investments

Company’s fifth successful securitization expands investor access to a growing asset class, advancing financial empowerment for homeowners across the country

BOSTON--(BUSINESS WIRE)--Hometap, the Boston-based financial technology company pioneering home equity financing solutions for American homeowners, announced the closing of HTAP 2025-2, a securitization backed by $300M Hometap-originated home equity investments (HEIs). This transaction marks the fifth securitization of Hometap HEIs, reinforcing both its position as a leader in the asset class and its ability to deliver consistent access to capital for investors.

The securitization closed on August 29, 2025, and featured a Morningstar DBRS BBB(sf)-rated $231 million Class A tranche, and a BBB(low)(sf)-rated $12 million Class B tranche.

Hometap’s fifth securitization highlights its established capital markets presence and track record scaling securitization activity alongside capital deployment. To date, Hometap has deployed over $2 billion in home equity investments and served more than 20,000 homeowners.

“Accessing the capital markets supports our mission of meeting homeowners where they are, often at pivotal moments in their homeownership journey,” said Jeffrey Glass, CEO of Hometap. “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.”

Hometap's HEI product provides homeowners with a more flexible way to access their home equity. By investing alongside homeowners, Hometap offers cash in exchange for a share of their home's future value — all without any monthly payments over the life of the investment, which lasts ten years.

“HTAP 2025-2 highlights our ability to deliver reliable execution for our capital partners,” said Cara Newman, VP and Head of Structured Finance at Hometap. “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.”

This press release is for informational purposes only, and is neither an offer to sell nor the solicitation of an offer to any for any other securities, and shall not constitute an offer, solicitation or sale. Any offers will be made only by means of a private offering memorandum. Statements in this press release may be "forward-looking statements," and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed in such forward-looking statements.

About Hometap

Founded in 2017, Hometap is a Boston-based fintech company on a mission to make homeownership less stressful and more accessible. Starting with its industry-leading home equity investment product, the company has helped over 20,000 homeowners across the U.S. access their home equity without having to take on additional monthly payments or sell their home. Hometap expanded its suite of innovative financial products and services in 2022 with the Home Equity Dashboard. This digital platform is designed to help homeowners at every stage of their journey make more informed financial decisions about their home — and take action on those decisions — with confidence. Learn more at hometap.com.