HOMELEND building a blockchain-based, peer-to-peer mortgage lending platform.
Economic demands continue to be urgent, primary and secondary needs continue to grow as the times progress and and one of its problems is the low economic factor and the Mortgage Loan Being in the Core Society. Owning a home is one of the basic human needs — the need most people can only afford by taking out a mortgage loan from a bank. In the US alone, more than 8 million mortgage loans are granted every year.
Homelend Developing a Decentralized, Peer-To-Peer Mortgage Lending Platform Serving Two Purposes
Modernizing the age-old mortgage lending system in order to make it efficient, cost-effective and customercentric.
Expanding home ownership opportunities for meetings, distinct lifestyle and needs.
How does it work?
By leveraging distributed ledger technology (DLT) and smart contracts, Homelend brings together individual borrowers and lenders on an end-to-end platform that streamlines and automates the entire mortgage origination process.
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