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About

Important information

  • Pending Government Action:
    Government Action: BBB reports on known government actions involving business’ marketplace conduct:
    Commonwealth of Massachusetts v. Hometap Equity Partners, LLC; HomeTap Management Holdings LLC
    The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.On February 20,2025 The Commonwealth of Massachusetts, through its Attorney General Andrea Joy Campbell, has filed a lawsuit against Hometap Equity Partners, LLC and HomeTap Management Holdings LLC for engaging in unfair and deceptive practices in violation of the Massachusetts Consumer Protection Act. The lawsuit alleges that Hometap engaged in unlawful and predatory practices that targeted financially vulnerable homeowners for profit. 

About This Business

Hometap provides home equity investment services, allowing homeowners to access funds from their home equity without selling or taking on traditional loans. The company offers up to $600,000 to homeowners in select states, enabling them to achieve financial objectives such as paying off debt, funding education, home improvements, retirement, or diversifying their portfolio. Hometap's process does not involve monthly payments, offering homeowners flexibility in managing their finances. The service emphasizes an uncomplicated and transparent method, simplifying access to home equity for various personal financial endeavors. The business provides services to residential customers.

Products and Services

Home Equity Investment

BBB Accredited Since: 5/22/2019

Years in Business: 7

Photos and Videos

Business Details

BBB File Opened:
4/13/2018
Business Started:
1/2/2018
Business Incorporated:
1/2/2018
Type of Entity:
Limited Liability Company (LLC)
Alternate Names:
HomeTap Equity Partners, LLC
Business Management:
Ms. Rachel Keohan, Vice President of Marketing
Number of Employees:
215

Additional Contact Information

Principal Contacts
Ms. Rachel Keohan, Vice President of Marketing
Customer Contacts
Ms. Rachel Keohan, Vice President of Marketing
Additional Email Addresses
Primary: Email this Business
Complaint: Email this Business

Additional Information

Other Resources
Massachusetts Division of Banks
1000 Washington St
Boston MA 02118
Phone Number: 617-956-1500; 800-495-2265; TDD 617-956-1777
Fax Number: 617-956-1599
https://www.mass.gov/orgs/division-of-banks
[email protected]
Program Participation
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