Hometap Equity Partners
Underwriter
Here at Hometap, we’re collaborative, passionate, and always ready to roll up our sleeves to create solutions that help people get more out of homeownership — and out of life. Our first product, a home equity investment, gives homeowners the opportunity to quickly access the equity they’ve built in their home to pay for what’s most important to them, from handling debt to finally making much-needed renovations, without taking on debt.
We work hard, and have some fun along the way, too. You don’t have to take our word for it: The Boston Globe and Comparably have recognized us as a great place to work, and we’ve been honored for our commitment to innovation in the fintech space by BostInno, HousingWire, and more!
In case you need any more convincing, we also provide competitive compensation, healthcare coverage, unlimited PTO, a generous share package, and a strong culture with plenty of opportunities for team-building and camaraderie.
Interested in joining us on our mission to make homeownership less stressful and more accessible? We’d love to talk.
Hometap empowers current and prospective homeowners to access their home's equity without the burden of debt. Our first product allows homeowners to tap into the built-in value of their home to do the big-ticket stuff that makes life better: start a business, renovate their home, get out from under crippling debt, pay for college tuition, or help family members.
We’re on a mission to make homeownership less stressful and more accessible by treating homeowners like CEOs of their household, and to make home equity investing as common as borrowing to finance a home is today. We also aspire to build a long-lasting, durable financial technology company that makes a positive mark on the Boston economy and beyond.
Hometap makes investments in homes, buying an equity stake against the home’s future value. For homeowners, this is a simplified, sensible alternative to mortgage debt and monthly payments. For investors, this is a new asset class, allowing them to participate in the multi-trillion-dollar residential real estate market without the obligations and downsides of homeownership. We’re scaling rapidly and we have begun expanding our platform to support forthcoming products, complex data science-driven pricing, and investment structure permutations. Our solution leverages advanced data and analytics as we create best-in-class experiences for our homeowners as well as our business and asset capital partners.
Who You Are:
We are seeking dedicated, detail-oriented team members with a passion for real estate. In this role, you’ll play a critical role in the investment process, making recommendations on both the homes and homeowners with whom we are working. We are constantly looking to improve our portfolio performance with our investments. The underwriting team analyzes and digests a broad set of home and homeowner information to assess the risk profile of applications. Underwriters on the team make investment recommendations to the Investment Committee and CEO.
What You’ll Do:
- Verify applicant information and assess applicant risk level against a set of underwriting criteria
- Flag applications for potential concerns with regard to application completeness or high-risk applicants
- Make investment recommendations to management
- Work closely with Application Specialists and Investment Managers to quickly and accurately process homeowner applications
- Collaborate with cross-functional team of sales, risk, and legal when more information is required
What You Bring:
- Bachelor’s degree, ideally in business, finance or a related field
- Prior experience in underwriting preferred
- Extraordinary attention-to-detail
- Strong proofreading/fact-checking skills
- Ability to think critically and make recommendations based on a rules rubrics
- Comfortable working with leaders in finance and legal to escalate potential gray areas
- Ability to multi-task and work under pressure within a deadline-oriented environment
- Ability to work independently as well as in a team environment
- Proactive approach to daily work and ability to handle multiple responsibilities
- Ability to communicate professionally with others
- Strong client service skills
- Eager to join an early-stage tech company, interested in real estate, interested in fintech
Hometap is on a mission to make homeownership less stressful and more accessible. Our home equity investment product provides homeowners with a fast, simple, and straightforward way to access the equity in their home without taking out a loan or having to sell. By investing alongside homeowners, Hometap offers debt-free cash in exchange for a share of their home’s future value — all without any monthly payments or interest over the life of the investment. Through a combination of financial innovation and best-in-class customer service, Hometap enables people to get more from homeownership so they can get more from life.
Hometap believes that our differences are what bring us together, and one of our biggest priorities is creating a diverse workplace that welcomes and values each team member’s unique perspective, background, and ideas. All roles here are filled based solely on candidates’ qualifications and our business needs.
Hometap is based in Boston, but will consider remote work for this position; however, the position must be performed in the United States entirely outside of Colorado.
Hometap provides homeowners with an opportunity to tap into their home’s equity without monthly payments or having to take out another loan.
- Employees
- 51-200 employees
- Industry
- Internet Software & Services
- Total raised
- $110M raised
Underwriter