HOMELEND IS A MORTGAGE CROWDFUNDING PLATFORM
We’re building a blockchain-based, peer-to-peer mortgage lending platform
Mortgage Loans Are at the Core of Society
Having a home is one of the basic human needs - a need most people are only able to afford by taking out a mortgage loan from the bank. In the U.S. alone, more than 8 million mortgage loans are granted every year.
An Archaic $31 Trillion Industry Yearning for Disruption
The U.S. mortgage market is valued at $14 trillion, and the global market is expected to reach $31 trillion by the end of 2018. Yet, despite how central this market is both socially and economically, the traditional mortgage lending system remains incredibly primitive.
The system relies on lengthy and complex paper-based processes involving various intermediaries—processes that are laden with inefficiencies and overhead costs for both borrowers and lenders. Moreover, mortgage loans are largely unattainable for the new generation of young borrowers, excluding millions of creditworthy individuals from obtaining home loans due to outdated assessment criteria.
To know more about us:
Website:
https://www.homelend.io/Whitepaper:
https://www.homelend.io/files/Whitepaper.pdfThe pre-sale was started on March 1st and is still taking place. It will last until 31 May, although depending on the speed with which we obtain ICO approval from FINMA (the Swiss financial authority), it could be extended until the end of June
Indeed, we have privately raised some funds through Token Pre-Sales contracts
Our bounty program is on its way
Stay tuned and join our telegram channel!
https://t.me/HomelendPlatform
