A guarantee structure designed for the borrower and the institution.
Our guarantee is signed before closing — making first-time buyers credible to lenders without altering the loan structure or the borrower's title position.
Funded capital sits in U.S. Treasuries earning current yield. Investors share pro rata in 10% Equity Bonus accruals on the financed home.
Fund II offers unfunded commitments — backstop the guarantee program without deploying principal until a draw is triggered.
Post-purchase equity share is a refinance.
Pre-purchase is a market.
Every other equity-share product in market — Unison, Hometap, Point, Splitero, Aspire — sits on the borrower's existing equity. They are, in effect, second-lien refinances priced as shared appreciation. They cannot help a first-time buyer cross the closing table.
HomeDividend is structured the other way around. The guarantee is underwritten and posted before the borrower owns the home — giving lenders the comfort to extend credit to thin-file, low-down-payment buyers who would otherwise be priced out. That single structural inversion is what creates the addressable market our funds invest into.
Currently accepting indications of interest from accredited investors.
We share the Private Placement Memorandum, fund-by-fund term sheets, and historical underwriting data after an initial accreditation conversation.