Homium Shared Appreciation Down Payment Assistance

Homium Shared Appreciation Down Payment Assistance is sponsored by Homium. Offers shared appreciation mortgage down payment support to expand access to homeownership.

Shared Appreciation Down Payment Assistance | Homium Bridge the Affordability Gap for Homeownership in Your Community Homium is on a mission to expand access to homeownership: fairly, sustainably, and at scale. We partner with state and local HFAs, municipalities and nonprofits to offer shared appreciation mortgage down payment support built for homeowners to succeed.

Financially empower historically disadvantaged home buyers and directly contribute to intergenerational wealth creation Start an equitable homeownership financing solution with no added debt burden, no interest or monthly payments and a simple pro-rata repayment structure Your donations, grants, and other impact investments generate compounding, measurable impact in the communities that need it most Homium gives you a fair and transparent way to fund homeownership in your community, with impact that multiplies over decades.

Homium does the legwork for your organization, from managing funds according to your criteria, sourcing and educating borrowers, servicing loans, and handling financial and impact reporting. Our shared appreciation mortgage helps borrowers with their down payment, making homeownership possible at a monthly payment they can afford.

When the homeowner pays off their Homium loan, proceeds are returned to sponsors or reinvested into new loans, helping even more homeowners. How Homium Works As Down Payment Assistance Qualifying homeowners receive a second mortgage loan with no interest and no monthly payments to supplement their down payment. Years later, when they sell their home or refinance, they repay an amount based on the appreciation of the home.

A homeowner applies for your program through a sponsoring community organization or participating lender. Homeowners can qualify based on the guidelines set by the sponsor, such as place-based and income requirements, targeting specific impact goals. Homium works with the primary mortgage lender to fund a portion of the homes value, usually between 10% - 35% with a second position loan.

The share of home equity the homeowner shares with the community fund is equal to the percent loaned at purchase. This never increases. Homium services the loans on behalf of the program at a very low cost, and supports on going program services for homeowners through the life of their loans.

Repaid loan proceeds flow back into the fund and out to new loans or can be redeemed by sponsors. Homium also enables programs to manage loan forgiveness at their discretion. Introducing the Community Homeownership Fund Offer potential homebuyers a program supported by a dedicated Community Homeownership Fund — a smarter model for down payment assistance that works for your organization.

01 | IDENTIFY YOUR TARGET HOMEBUYERS You set the goals: income range, neighborhoods, workforce, and other parameters. Homium works with local housing counselors to guide future homebuyers through budgeting, buyer education, loan applications. 02 | INVEST AND GATHER CAPITAL Grants or PRI-style investments flow into one pooled fund.

Homium administers the program structure and the fund in compliance with your target criteria and impact goals. Programs remain open-ended letting new and existing sponsors continue to invest with ease. 03 | THE BUYER BECOMES A HOMEOWNER The homebuyer receives affordable financing with a conforming first mortgage and a no-interest, no-monthly payment second mortgage, usually 10 - 35% of the purchase price.

04 | Funds return and recycle When a homeowner sells or refinances, their repaid funds flow back to the pool to empower the next family or, for PRI investors, be paid out. 05 | we handle the hard parts Homium serves as an end-to-end lender and fund manager, originating and servicing every loan, and reporting on impact in real-time. Your admin costs and effort stay low.

Residents of a city/state with income < 80% AMI Members of historically disadvantaged classes First generation home buyers Employees of a public institution Veterans and servicemembers First-time home buyer assistance Low income home buyer assistance New affordable housing units / ADUs Servicing a Homeownership Trust Homium provides financial resources and technology needed to service a homeownership trust of this kind Sponsors commit funds to a non-profit entity, which purchases Homium tokens tied to a pool of loans originated from a custom homeownership program ​ Homium is the lender of record and securitizes the note into a low-cost indexed fund, which can be pooled with similar programs or stand alone as an independent investment The fund receives real-time access to the health and impact of the portfolio and can seamlessly deploy and redeploy program funds to sustain a permanent community homeownership endowment First-Time Homebuyers and Workforce Housing Government and Public Servant Employee Benefits Veterans, Servicemembers, Assumable VA Mortgages Green Upgrades, Home Improvement, ADUs Housing Stock Supply Solution A Turn-Key Solution for Community Wealth Creation.

Homium simplifies the process of deploying homeownership programs. By becoming a silent equity partner through shared appreciation loans, your organization can leverage purpose-driven capital to bridge the affordability gap for first-time buyers.

Homium has a one-of-a-kind, best-in-class lending and securitization platform for pooled shared appreciation loans, which have their best use case in enabling non-profit funds supporting homeownership and home equity financing.

Homium is a specialized shared appreciation lender integrated with Guild Mortgage, ready to offer this product through high volume loan channels, fully capable of administering or plugging into down payment assistance programs. Homium has a low cost, high integrity securitization platform specifically designed to service, price, and manage shared appreciation loans for revolving capital.

We can offer the absolute lowest cost for sustaining shared appreciation loan programs. Reach out to us to learn more about how Homium can support your social impact goals in housing and help build sustainable homeownership opportunities. How does Homium advance my organization’s housing initiative goals?

Homium aligns with philanthropic housing initiatives by providing fair and transparent financial solutions that support homeownership and reduce housing inequality. By investing in Homium, your organization will create sustainable homeownership opportunities for first-time homeowners and underserved communities. How will a Homium Community Homeownership Fund work?

A Homium Community Homeownership Fund pools philanthropic contributions to fund down payment assistance loans for first-time homebuyers. Foundations can set up programs to target specific demographics or regions, maximizing the impact according to their strategic goals. The fund operates under strict compliance with state and federal regulations, ensuring transparency and fairness.

What specific criteria does Homium use to select borrowers for the first-time homeowners down payment assistance program? Homium and CHFs are a flexible program that can be deployed to specific borrower lending criteria of the donor funder’s choosing. The Homium team will work with your organization to design a purpose-driven program and criteria.

For example, program lending criteria may be: Owner-occupied primary residence Loan amount not exceeding 49% of the appraised property value Independent third-party appraisal required How does Homium measure impact? Homium measures impact through several metrics and is committed to maintaining the highest standards of transparency and accountability.

For our philanthropic partners and investors, we provide regular reports that detail the impact metrics such as the number of first-time homeowners created, increase in homeowner equity over time, and GDP growth in targeted areas if relevant.

These reports are designed to ensure that all stakeholders can clearly see the effectiveness and financial health of their investments, helping them make informed decisions and measure the real-world impact of their contributions. How does Homium create compounded sustainable impact over time?

Homium creates a sustainable, compounded impact by recycling capital through a model where the proceeds from repaid shared appreciation loans are continually reinvested into new loans for first-time homebuyers. This cycle ensures ongoing support, promotes economic growth, and enhances housing stability within communities. The lack of interest or principal payments during the loan term also reduces the cost burden on borrowers.

This model allows capital to be reused multiple times, compounding the impact of initial investments and facilitating broader economic benefits over time. Who is eligible to participate in creating a Homeownership Fund?

Eligible participants include: Federal and State Governments Charitable Organizations / Non-profits Corporate Employer Programs Homebuilders or developers of affordable housing Contributions can be made via donations, grants, or program-related investments into a fund that purchases Homium tokens.

These tokens represent shares in pools of shared appreciation loans used for down-payment assistance for first-time homebuyers, allowing your funds to continuously support new homeowners. Gift that keeps on giving. How does Homium handle foreclosure situations or defaults on loans within the fund?

In case of default, Homium works closely with borrowers to find sustainable solutions, prioritizing homeownership retention. Foreclosure is considered a last resort, with efforts focused on loan modification and support. Are you ready to solve home affordability forever?

Fair and Transparent Home Finance for the 21st Century. Peter C. Gilbert, Chief Lending and Credit Officer, NMLS #136556 For additional consumer information, please visit NMLSConsumerAccess.

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