Homelend: Home Mortgages In A Click

A lot of people dream of owning a home. But unless you have tons of cash, the only way you can aquire the home of your dreams is through a home loan. The thing is, securing a home loan can be an incredibly long and tedious process, and many mortgage applications get rejected for one reason or another. Whatever the reason may be, every rejection means one dream going down the drain.

Homelend is just about to revolutionize the home lending process, so everyone gets to have a shot in making his or her dream home come true. This is made possible using blockchain technology and smart contracts to build a peer-to-peer platform that is set to crush the gigantic $31 trillion mortgage market by making the mortgage process simpler, more affordable, and accessible to everyone. The platform will serve as an avenue for borrowers and lenders to connect and transact business, including making the last mortgage payment.

Homelend will be breaking barriers here, as it makes it possible to aquire a home loan via a peer-to-peer platform, something that has never been done before. Homelend’s Peer-to-Peer or crowdfunding platform means there are no more intermediaries that only tend to complicate matters and increase costs. It also means, individuals who are denied of home loans or not deemed qualified even though they are creditworthy will now have a better chance of being approved.

Homelend’s smart platform will benefit both the borrowers and the lenders. They can borrow or lend money through three funding methods, such as crowdfunding, pooling, and auction, which split a mortgage into slices.

In crowdfunding, for instance, a mortgage loan is divided into several slices, and potential lenders can choose to provide a slice of that mortgage.

The pooling method, on the other hand, enables lenders to pool in their resources even before the mortgage has been pre-approved. This method allows for more flexibility.

The auction method, meanwhile, enables lenders to bid on the mortgage loan. Lenders, therefore, can choose to provide better offers to the borrowers, if they so desire.

The Homelend Token, or HMD, is what will make the platform run. HDM Tokens are Ethereum-based, and pre-selling of the tokens already began as early as March 1, 2018.

Itai Cohen (CEO) and Netanel Bitan (CTO) founded Homelend in 2016 with the goal of “disrupting the $31 trillion global real estate market”. Homelend’s Chairman, Asher Dory, is a renowed ICO specialist, who has participated in big ICOs like Telegram and Bancor.

Take advantage of Homelend’s transparent, safe, secure, fast, streamlined and efficient application process. By all means, dream to own a home, and let Homelend turn your dream into a reality.

Token Details

Token Name: Homelend Token

Token Symbol : HMD

Pre-ICO Start Date: March 1, 2018

Pre-ICO Conversion: 1 ETH = 1600 HMD

Hard Cap: $30 million USD

Total Supply: 250 million HMD tokens

For more information, visit the following pages:

Whitepaper: https://homelend.io/files/Whitepaper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3407541
Website: https://homelend.io/
Telegram: https://t.me/HomelendPlatform/
Twitter: https://twitter.com/homelendhmd
Facebook: https://www.facebook.com/HMDHomelend/
Medium: https://medium.com/homelendblog

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1971845.