Topic: A blockchain solution for the mortgage industry (Read 120 times)
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Welcome to Homelend HMD!!!
A MORTGAGE CROWDFUNDING PLATFORM
We’re building a blockchain-based, peer-to-peer mortgage lending platform
Mortgage Loans Are at the Core of Society
Having a home is one of the basic human needs - a need most people are only able to afford by taking out a mortgage loan from the bank. In the U.S. alone, more than 8 million mortgage loans are granted every year.
An Archaic $31 Trillion Industry Yearning for Disruption
The U.S. mortgage market is valued at $14 trillion, and the global market is expected to reach $31 trillion by the end of 2018. Yet, despite how central this market is both socially and economically, the traditional mortgage lending system remains incredibly primitive.
The system relies on lengthy and complex paper-based processes involving various intermediaries—processes that are laden with inefficiencies and overhead costs for both borrowers and lenders. Moreover, mortgage loans are largely unattainable for the new generation of young borrowers, excluding millions of creditworthy individuals from obtaining home loans due to outdated assessment criteria.
Homelend Mortgage Crowdfunding Platform
We Are Developing a Decentralized, Peer-To-Peer Mortgage Lending Platform Serving Two Purposes
1. Modernizing the age-old mortgage lending system in order to make it efficient, cost-effective and customercentric.
2. Expanding home ownership opportunities for a new generation of borrowers, meeting their distinct lifestyle and needs.
How does it work?
By leveraging distributed ledger technology (DLT) and smart contracts, Homelend brings together individual borrowers and lenders on an end-to-end platform that streamlines and automates the entire mortgage origination process.
The Homelend Token (HMD)
The HMD token is the fuel powering the Homelend peer-to-peer lending platform. It's main functionality is to grant access to the Homelend platform.
This utility token also plays an instrumental role in enabling a fast, smooth and user-friendly workflow that is unified and secure.
All tokens can be converted to and from HMD.
Timetable
Pre-Sale.......................March 1, 2018
Crowdsale.................June 1, 2018
Closure........................July 30, 2018
Specifications
Symbol.............................HMD
Total Supply................250,000,000
Standard........................ERC-20
Face Value....................1 ETH= 1,600 HMD
Accepted Currencies...BTC, ETH, USD
Softcap.............................US$ 5,000,000
Hardcap...........................US$ 30,000,00
Bonuses (ETH/HMD)
First day 30%
Week 1................................20%
Week 2...............................15%
Week 3................................10%
Week 4 and After.......0%
Website: https://homelend.io/
Whitepaper: https://homelend.io/files/Whitepaper.pdf
Telegram channel: https://t.me/HomelendPlatform
Facebook page: https://www.facebook.com/HMDHomelend/
Twitter: https://twitter.com/HomelendHMD
A MORTGAGE CROWDFUNDING PLATFORM
We’re building a blockchain-based, peer-to-peer mortgage lending platform
Mortgage Loans Are at the Core of Society
Having a home is one of the basic human needs - a need most people are only able to afford by taking out a mortgage loan from the bank. In the U.S. alone, more than 8 million mortgage loans are granted every year.
An Archaic $31 Trillion Industry Yearning for Disruption
The U.S. mortgage market is valued at $14 trillion, and the global market is expected to reach $31 trillion by the end of 2018. Yet, despite how central this market is both socially and economically, the traditional mortgage lending system remains incredibly primitive.
The system relies on lengthy and complex paper-based processes involving various intermediaries—processes that are laden with inefficiencies and overhead costs for both borrowers and lenders. Moreover, mortgage loans are largely unattainable for the new generation of young borrowers, excluding millions of creditworthy individuals from obtaining home loans due to outdated assessment criteria.
Homelend Mortgage Crowdfunding Platform
We Are Developing a Decentralized, Peer-To-Peer Mortgage Lending Platform Serving Two Purposes
1. Modernizing the age-old mortgage lending system in order to make it efficient, cost-effective and customercentric.
2. Expanding home ownership opportunities for a new generation of borrowers, meeting their distinct lifestyle and needs.
How does it work?
By leveraging distributed ledger technology (DLT) and smart contracts, Homelend brings together individual borrowers and lenders on an end-to-end platform that streamlines and automates the entire mortgage origination process.
The Homelend Token (HMD)
The HMD token is the fuel powering the Homelend peer-to-peer lending platform. It's main functionality is to grant access to the Homelend platform.
This utility token also plays an instrumental role in enabling a fast, smooth and user-friendly workflow that is unified and secure.
All tokens can be converted to and from HMD.
Timetable
Pre-Sale.......................March 1, 2018
Crowdsale.................June 1, 2018
Closure........................July 30, 2018
Specifications
Symbol.............................HMD
Total Supply................250,000,000
Standard........................ERC-20
Face Value....................1 ETH= 1,600 HMD
Accepted Currencies...BTC, ETH, USD
Softcap.............................US$ 5,000,000
Hardcap...........................US$ 30,000,00
Bonuses (ETH/HMD)
First day 30%
Week 1................................20%
Week 2...............................15%
Week 3................................10%
Week 4 and After.......0%
Website: https://homelend.io/
Whitepaper: https://homelend.io/files/Whitepaper.pdf
Telegram channel: https://t.me/HomelendPlatform
Facebook page: https://www.facebook.com/HMDHomelend/
Twitter: https://twitter.com/HomelendHMD
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