It's difficult to compare Hometap to other home equity loan providers because what it offers isn't technically a loan. It's an interesting new way for homeowners to access their equity without taking out a loan or making monthly payments. Instead, in exchange for ready cash, you give Hometap a minority stake investment. Hometap may not be a great fit for everyone. But particularly if your home has increased significantly in value since you purchased it, leaving you with equity, Hometap might work for you. If the Hometap concept interests you, we recommend you speak with a Hometap representative and request an estimate of how much equity you can receive in cash and what it may cost you to have Hometap help you access it.