Home Lending Pal is a marketplace that focuses on mortgage equality by using AI and blockchain to de-identify HMDA data early in the process
Home Lending Pal built the first Automated Mortgage Advisor that simulates buying a home with multiple lenders to determine mortgage approval odds and affordability impact based on lifestyle. HLP merges online data from trusted sources to streamline application, reduce the need to scan paper documents, and simplify the home buying process with data-driven workflows and cognitive AI within a 2-sided blockchain-based marketplace. We educated borrowers on homeownership options while collecting underwriting documents at scale for lenders.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 30, 2022 | Convertable Note | — | 2 | — | — | Detail |
Mar 22, 2022 | Seed | $1M | 1 | DeepWork Capital | — | Detail |
Aug 23, 2021 | Seed | $2.20M | 2 | The Mortgage Collaborative | — | Detail |
May 25, 2021 | Convertable Note | — | 1 | — | — | Detail |
Jan 15, 2021 | Seed | $0.90M | 5 | Bluewave Investment Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
The Mortgage Collaborative | Yes | Seed |
Bluewave Investment Partners | Yes | Seed |
NC IDEA | Yes | Grant |
Cogent Bank | — | Convertable Note |
DeepWork Capital | — | Convertable Note |
CMFG Ventures Discovery Fund | — | Seed |
Financial Solutions Lab | — | Convertable Note |
Jacques Fu | — | Seed |
StarterStudio | — | Seed |
The Batchery Angels | — | Seed |