Tagged: homeownership

July 1, 2024 @ 4:23 pm By Omar Faridi  |  

To comfortably afford a typical U.S. home, a home buyer making the median income needs to put down nearly $127,750, or 35.4%, a Zillow (Nasdaq: Z and ZG) analysis of the real estate market shows. Five years ago, when mortgage rates were “hovering just above… Read More

April 28, 2023 @ 8:18 am By Omar Faridi  |  

Wayhome, the Gradual Homeownership provider, announced that they have closed a Series A equity funding round of £8 million. The firm’s investment round was reportedly led “by existing investors Allianz X (Stripe, WeLab, CLARK), Augmentum Fintech (interactive investor, Tide, Zopa) and new funders Volution, Love… Read More

January 18, 2022 @ 8:19 am By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) reveals that they helping to increase homeownership opportunities by leveraging data and automation. Blend explains how their integration with Fannie Mae supports borrower rent payment history, which helps “expand opportunities for first-time homeownership.” Traditionally, credit has served a key… Read More

November 14, 2021 @ 11:08 pm By Omar Faridi  |  

London-based StepLadder, which claims to be a fast-growing Fintech focused on helping consumers buy their first home, reveals that it has secured 91% (or £686,050) of its £750,000 target with 26 days left in its crowdfunding campaign via Seedrs. Here are some key business highlights… Read More

March 21, 2021 @ 5:33 pm By Omar Faridi  |  

Insurtech firm Lemonade has shared some important information regarding making down payments on properties. Team Lemonade (NYSE:LMND) writes in a blog post that when someone says they are “saving up” for a home, what they’re “really doing is saving up for a down payment.” The… Read More

November 11, 2020 @ 8:13 am By Samantha Hurst  |  

U.S.-based homeownership platform Better.com announced on Wednesday it secured $200 million through its Series D funding round, which was led by L Catterton with participation from Activant Capital, Ally Financial, American Express Ventures, Ping An Global Voyager Fund, and 9Yards Capital. The latest funding round… Read More

June 29, 2018 @ 10:56 am By Samantha Hurst  |  

EarnUp, a fintech startup that offers a consumer-first platform for automating loan payments, announced on Friday it has teamed up with Framework Homeownership to launch new homeownership technology to increase the financial wellness of homeowners. The partnership is reportedly being supported with funding from EarnUp… Read More

April 25, 2018 @ 3:03 pm By Samantha Hurst  |  

The Homeownership Preservation Foundation (HPF) announced on Wednesday it has formed a partnership with CMG Financial to help more people reach their dream of owning a home, through pre-purchase education and homebuyer preparation with CMG Financial’s proprietary down payment crowdfunding platform, HomeFundMe.  As previously reported, HomeFundMe allows prospective… Read More