Equity

Impact

Million

Avalanche

Trillion

<p><em><strong>Homium, a real-estate equity mortgage lender has tokenized its home equity loans on Avalanche and is currently available in Colorado.&nbsp;</strong></em></p>
<p>In the digital realm, investors and homeowners are looking for an advanced way to unlock a new, multi-trillion-dollar asset and transformation in home financing. Homium is emerging as the best solution offering services for home equity, second mortgage confirmation, and tokenization of home equity loans.</p>
<h2 class="wp-block-heading" id="strong-what-is-homium-strong"><strong>What Is Homium?</strong></h2>
<p>Homium unlocks home equity as a large-scale investment opportunity for institutions by delivering private digital security backed by pooled, on-title shared appreciation mortgage loans.</p>
<p>The network partners with loan origniators to offer a shared appreciation home equity loan with no interest or monthly payments. It enables homeowners to partner with institutional investors to access trapped home equity on fair and transparent terms.&nbsp;</p>
<p>Homeowners keep control of their most important asset and gain a partner in its future growth. Institutional investors, on the other hand, get a new asset class with the potential to generate alpha.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/JbMWJxoUyBXhxzJ5KI3MNCf44gf20KEXknz1zOSLwHjtQYDXrWiGX9pM_MTuw4QLEG4ebpDN_jsTTOoYUGUe6KX0MdBmNvJdhrhqFmy9b8-R1-nlrShs5A0dyBehAMA4gIJMWKeubjPUjB92MX5ZZEs" alt="">
  <figcaption class="wp-element-caption"><strong>Source:</strong> Homium Website&nbsp;
  </figcaption>
 </figure>
</div>
<p>Investors gain exposure to home price appreciation without the commercial and operational risk in traditional real estate. With the liquidity and functionality of a natively digital asset, Homium enables institutional investors to help homeowners while sharing the upside of home equity as an asset class.</p>
<figure class="wp-block-image size-large is-resized"><a href="https://w3wc.io/?no" rel="noopener noreferrer nofollow"><img decoding="async" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/04/freecompress-1440x90-gif-1-1.gif" alt="" style="width: 100%;height:auto"></a>
</figure>
<h3 class="wp-block-heading" id="strong-what-makes-homium-a-stand-out-performer-strong"><strong>What Makes Homium A Stand-Out Performer?&nbsp;</strong></h3>
<p>The platform uses the latest in mortgage lending, record keeping, and digital settlement and coordination <a href="https://www.thecoinrepublic.com/2024/04/09/regulations-attracting-technology-cos-in-the-middle-east/" target="_blank" rel="noopener noreferrer nofollow">technology</a> to deliver a loan and investment experience at the minimum cost with maximum transparency and value.</p>
<p>It utilizes a digital transfer agent and patented underwriting and securitization process to standardize tokenized interests in the Homium pool of loans. This helps investors see straight into the pool from the moment funds are deployed, and to instantly negotiate and value the underlying home equity.&nbsp;</p>
<p>Homeowners receive a lightning-fast, simple loan process that cuts out the middleman. It is beneficial for institutional investors, prime borrowers as well as for the government and communities.&nbsp;</p>
<p>Furthermore, no monthly payments, traditional appraisals for setting home value, and repayment due only on sale or cash make Homium a standout performer. Also, borrowers are permitted to prepay the loans at any time.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
<h3 class="wp-block-heading" id="strong-the-complete-working-strong"><strong>The Complete Working&nbsp;</strong></h3>
<p>With Homium, accessibility to home equity becomes effortless for homeowners and changed the way homes are financed. The complete working of Homium involves three easy steps which are as follows:&nbsp;</p>
<ul>
 <li>Firstly, the homeowner withdraws the shared appreciation loan against the home equity and is repaired upon house sale or cash out.&nbsp;&nbsp;</li>
 <li>Homium tokens are issued to institutional investors and are backed by pooled shared appreciation loans. Also, token ownership is registered and maintained by an SEC-registered transfer agent.&nbsp;</li>
 <li>Shares are offered to Qualified Institutional Buyers (QIBs)&nbsp; and are traded under rule 144A. Investors can also redeem opportunities through quarterly tender offers.</li>
</ul>
<h3 class="wp-block-heading" id="strong-homium-raises-10-million-and-tokenizes-home-equity-loans-strong"><strong>Homium Raises $10 Million And Tokenizes Home Equity Loans</strong></h3>
<p>Homium is constantly strengthening its roots in the real estate as well as the crypto industry, having gone live with its first-ever home equity loans on Avalanche. The platform has also raised $10 Million in a series A funding round led by Blizzard and Sorenson Impact Group, Avalanche’s ecosystem fund.&nbsp;&nbsp;&nbsp;</p>
<p>Homium’s action arrives amidst a surge in the popularity of real-world asset (RWA) tokenization, with predictions suggesting that this market could grow to $10 Trillion within the current decade. Tokenization involves creating a blockchain-based digital counterpart for a tangible asset, in this case, a home equity loan.&nbsp;</p>
<p>Currently, the service is operational in Colorado and is supposed to broaden its reach to additional states soon. Homeowners engaging with Homium agree to allocate a share of their property’s future value increase as collateral for the loan.&nbsp;</p>
<p>On the other hand, the financiers of these loans are presented with a digital token that mirrors the value growth of a collective of similar home equity loans managed by the home equity loan provider.</p>
<p>The primary goal is to unlock the fixed equity within homes and mitigate the critical issue of housing affordability across various contexts. Moreover, Homium is plotting out a new investment avenue for institutional investors through digital securities that are underpinned by the equity of homeowners.</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>Homium is a company that helps homeowners get money from the value of their homes without monthly payments. It connects these homeowners with big investors who can provide the funds. In return, investors get a share of the home’s value increase over time. The platform uses technologies including mortgage lending, record keeping, and digital settlement and coordination technology to make this process easy and clear for everyone involved. Furthermore, the company has gone live with its first home equity loans on Avalanche and raised $10 Million in a series A funding round.</p>
<h3 class="wp-block-heading" id="strong-faqs-strong"><strong>FAQs&nbsp;</strong></h3>
<h4 class="wp-block-heading"><strong>What is Avalanche?&nbsp;</strong></h4>
<p>Avalanche is a smart contract network with a native currency AVAX. The network scales infinitely and improves the finalization of the transactions in less than one second.&nbsp;</p>
<h4 class="wp-block-heading"><strong>What is the circulating supply of AVAX?</strong></h4>
<p>The maximum supply of AVAX tokens is 715,748,719, the total supply is 436,612,304, and the circulating supply is 377,922,664.&nbsp;&nbsp;&nbsp;</p>
<h4 class="wp-block-heading"><strong>What are the use cases of AVAX tokens?&nbsp;</strong></h4>
<p>AVAX token can be used for paying networking transactions, taking part in governance decisions, and staking, as well as an asset for transactions.&nbsp;</p>
<h4 class="wp-block-heading"><strong>What makes Homium unique?&nbsp;</strong></h4>
<p>No monthly payments, prepayable loans, and repayment due only on sale or cash out make Homium a unique player.&nbsp;&nbsp;</p>
<h4 class="wp-block-heading"><strong>Who does Homeium benefit?</strong></h4>
<p>The company benefits a wide range of individuals including institutional investors, prime borrowers as well as the government and communities. It allows individuals to become investors, lenders &amp; brokers as well as homeowners.</p>

Homium: How Innovation Is Helping Homeowners, Investors, And The Economy

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