Boston-based Hometap announced at the end of July that it has deployed more than $2 billion to 20,000-plus homeowners through its home equity investment (HEI) platform.

The milestone comes less than 18 months after Hometap achieved $1 billion in home equity investments — a reflection of rising demand for alternative financing solutions.

“This milestone reflects meaningful progress toward our mission to make homeownership less stressful and more accessible. We remain committed to building solutions that align with the financial realities homeowners face today,” Jeffrey Glass, CEO of Hometap, said in a statement.

“Crossing $2 billion in deployed capital speaks to both details ⇒

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