Company Research Report: Homium



1. Company Overview



Name, Mission of the Company


  • Name: Homium

  • Mission: Homium's mission is to unlock the benefits of homeownership for everyone, enabling generational wealth transfer and closing the affordability gap in ways that traditional financing cannot. Homium leverages capital markets to unlock home equity at scale through a fair and transparent product that puts homeowners’ interests first.


When was the Company Founded and by Whom


No information is available.

Key People in the Company


  • Brett Markinson: Founder and Chief Growth Officer

  • Tommy Mercein: Chief Executive Officer

  • Michael Chu: Chief Technology Officer

  • David Jette: Co-Founder and Chief Operating Officer

  • Peter Gilbert: Chief Lending and Credit Officer

  • Lawrence Young: Chief Compliance Officer and General Counsel

  • Keith Yoder: Product & Operations

  • Christina Sisti: Associate

  • Vincent Wang: Associate


Where is the Company Headquartered


No information is available.

Number of Employees


No information is available.

Revenue of the Company


No information is available.

What is the Company Known For


Homium is known for transforming home equity into a new, multi-trillion dollar investable asset class. The company enables homeowners to unlock trapped home equity, providing institutional investors with a new asset class with the potential to generate alpha.

2. Products



What Products Do They Offer


  • Shared Appreciation Home Equity Loan

  • Homium Tokenized Digital Securities


High-Level Description of the Product


  • Shared Appreciation Home Equity Loan: A closed-end second mortgage with no interest or monthly payments. This product allows homeowners to access home equity without increasing monthly expenses.

  • Homium Tokenized Digital Securities: Digital assets backed by pooled shared appreciation mortgage loans, offering institutional investors exposure to home price appreciation.


Key Features of Each Product


Shared Appreciation Home Equity Loan


  • No monthly payments.

  • Traditional appraisal sets the home’s value.

  • Percentage of home value borrowed is the percentage repaid (1:1).

  • Repayment is due only on sale or cash-out refinance.

  • Prepayable at any time by the borrower.


Homium Tokenized Digital Securities


  • Represent interests in pooled, shared appreciation home equity loans.

  • Offers low correlation to financial assets.

  • Acts as a natural inflation hedge.

  • Secured to title and marked-to-market, providing liquidity and transparency.


3. Recent Developments



What are the Recent Developments in the Company


  • April 16, 2024: Homium raised $10M in Series A funding and tokenized the first home equity loans on the Avalanche blockchain.


What are the New Products Launched


No information is available.

What are the New Features Added to the Existing Products


No information is available.

Any New Partnerships


No information is available.