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Author Topic: *A BLOCKCHAIN solution for the MORTGAGE industry  (Read 241 times)
HomelendHMD
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A MORTGAGE CROWDFUNDING PLATFORM


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April 17, 2018, 01:11:43 PM
 #21

how will it your platform works? will use Homelend blockchains?

Our platform will be originally based on the Ethereum blockchain. It is envisaged that further on, a native chain will be also developed.

In a few words, our platform works in the following way:

1. A mortgage loan applicant feeds all relevant information (hard and soft) for the underwriting of the loan (assessment and appraisal).
2. A data analytics system powered by artificial intelligence, machine learning and neural networks, assess the application and pre-approves it (or not)
3. If pre-approved, the loan application is risk-rated and divided into "slices", that is, sub-units. For instance, a $250,000 loan can be divided into 25 $10,000 slices
4. The slices are offered to potential lenders as investment options.
5. Once all slices are funded by lenders (over a max period of 30 days), the loan is sent to digital closing.

█▐▐ [ HOMELEND.io ]    A MORTGAGE CROWDFUNDING PLATFORM  ▌▌█
HomelendHMD
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A MORTGAGE CROWDFUNDING PLATFORM


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April 17, 2018, 01:17:22 PM
 #22

I want to know if the presale starts alerady, what is the minimum invest and if i can invest on ETH or BTC in your project?

Thanks for your question. Our pre-sale is strictly private and is open to accredited investors. If you are interested in more information, please send us a message through our website, and we can provide some information. We cannot guarantee here the availability of the investment opportunity as certain conditions are applicable to participate in the pre-sale.

█▐▐ [ HOMELEND.io ]    A MORTGAGE CROWDFUNDING PLATFORM  ▌▌█
HomelendHMD
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April 17, 2018, 01:18:50 PM
 #23

At last, a financial ICO different from the others. This is surely a niche worth investing, a project like this is bound to succeed.

Thanks for your observation. We appreciate your words. Indeed we are a FinTech company above anything else.

█▐▐ [ HOMELEND.io ]    A MORTGAGE CROWDFUNDING PLATFORM  ▌▌█
HomelendHMD
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A MORTGAGE CROWDFUNDING PLATFORM


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April 17, 2018, 01:21:34 PM
 #24

how will it your platform works? will use Homelend blockchains?

Hi, in a few words, the platform is designed to enable a fast and reliable interaction between mortgage lenders, third parties involved in the mortgage origination and borrowers. It work under a crowdfunding mechanism that will enable individuals to fund/invest in mortgage loans, using smart contracts and fully automated blockchain protocols. In doing so, Homelend aims to disrupt the US$ 31 trillion  market, helping many people to get access to real estate financing.
I recommend you to read our whitepaper that could provide much more information about the Homelend project:  https://www.homelend.io/files/Whitepaper.pdf
 
 
will you have low fees that other ones?

Blockchain technology will allow Homelend to lower mortgage origination costs. So yes, we project significant cost savings in comparison with a traditional mortgage application.

█▐▐ [ HOMELEND.io ]    A MORTGAGE CROWDFUNDING PLATFORM  ▌▌█
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