Post
Topic
Board Announcements (Altcoins)
Re: *A BLOCKCHAIN solution for the MORTGAGE industry
by
HomelendHMD
on 17/04/2018, 13:21:34 UTC
how will it your platform works? will use Homelend blockchains?

Hi, in a few words, the platform is designed to enable a fast and reliable interaction between mortgage lenders, third parties involved in the mortgage origination and borrowers. It work under a crowdfunding mechanism that will enable individuals to fund/invest in mortgage loans, using smart contracts and fully automated blockchain protocols. In doing so, Homelend aims to disrupt the US$ 31 trillion  market, helping many people to get access to real estate financing.
I recommend you to read our whitepaper that could provide much more information about the Homelend project:  https://www.homelend.io/files/Whitepaper.pdf
 
 
will you have low fees that other ones?

Blockchain technology will allow Homelend to lower mortgage origination costs. So yes, we project significant cost savings in comparison with a traditional mortgage application.