Summary
TLDR: Homium loans, currently available in Colorado, involve homeowners committing a portion of their home’s price appreciation as part of securing the loan. Investors receive a tokenized asset tracking the price appreciation of a pool of shared appreciation home loans issued on Homium. Expansion to other states is planned.
Key Points
1. Homium loans are currently available in Colorado, with future plans to expand to other states.
2. Homeowners who secure a loan through Homium commit a portion of their home’s price appreciation as collateral.
3. Investors who fund the loans receive a tokenized asset that tracks the price appreciation of a pool of shared appreciation home loans issued on Homium.