Hometap Expands Home Equity Investment Product to Six New States
On September 30, 2026, Hometap expanded its home equity investment (HEI) product into six new states: Alabama, Kentucky, Nebraska, New Hampshire, New Mexico, and Wisconsin. This brings the total number of U.S. states where HEI is available to 27, reaching nearly half of all American homeowners. The expansion was driven by strong demand from over 5,000 inquiries in these regions as families seek alternatives to traditional financing methods like mortgages or home equity lines of credit (HELOCs), which are currently difficult due to high interest rates and strict lending criteria. Hometap's HEI allows homeowners to receive cash in exchange for a share of their future home value, without requiring monthly payments during the investment term. This product is particularly appealing as many homeowners face rising insurance costs, property taxes, and other expenses that strain household budgets despite growing equity values. The company has added 12 states this year alone across two expansion waves, emphasizing its strategy to grow based on homeowner demand while ensuring regulatory compliance in each new market.