Home equity investment (HEI) company Hometap has introduced a new pricing structure that it says will lower the cost of accessing home equity and make its products more competitive with traditional borrowing options such as home equity lines of credit and home equity loans.

The Boston-based financial technology company announced Tuesday that it is implementing a two-tier pricing model for its HEI products, which allow homeowners to receive cash in exchange for a share of their home’s future value rather than taking on monthly loan payments.

Under the new structure, homeowners who settle their investment within the first five years details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com