[Remote] General Counsel at Hometap

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Real EstateIndustries

Skills

Key technologies and capabilities for this role

legal expertisebusiness expertisefintechleadershipintegrityteam player

Questions & Answers

Common questions about this position

What compensation and benefits does Hometap offer?

Hometap offers competitive compensation, healthcare coverage, unlimited PTO, and a generous share package.

Is this General Counsel position remote or does it require office work?

This information is not specified in the job description.

What key skills are required for the General Counsel role?

The role requires legal and business expertise with a passion for fintech, high character as a hands-on leader, strong problem-solving skills in dynamic environments, and effective external communication with stakeholders.

What is the company culture like at Hometap?

Hometap has a collaborative and passionate culture with a strong emphasis on team-building, and is recognized as a great place to work by The Boston Globe and Forbes.

What makes a strong candidate for the General Counsel position?

A strong candidate is a diverse, empathetic, and intelligent leader with expertise in legal matters, business strategy, fintech, problem-solving under pressure, and stakeholder communication.

Hometap

Provides cash for home equity access

About Hometap

Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap earns revenue by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.

Boston, MassachusettsHeadquarters

2017Year Founded

$405.6MTotal Funding

DEBTCompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

401k plan with match

Commuter benefits

Healthcare coverage

Flexible work schedule

Paid parental leave

Unlimited PTO

Learning & development

Generous share package

Risks

Rising interest rates may make traditional loans more appealing.

Increased competition from fintechs could erode market share.

Potential regulatory changes could impact Hometap's business model.

Differentiation

Hometap offers debt-free home equity access, unlike traditional loans.

The company provides a lump sum for a share of future home value.

Hometap's Home Equity Dashboard aids homeowners in managing their equity.

Upsides

Growing interest in alternative financing boosts Hometap's market potential.

Hometap's $278 million securitization shows strong investor interest.

Expansion into New York City taps into a large financial market.

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