INSUBCONTINENT EXCLUSIVE:
Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new
funding.This amount combines a $4.1 million seed equity investment led by Montage Ventures and $3 million in debt, which will help finance
When it launched in 2016, it was focused on digitizing and bringing more transparency to the home-buying process
finance a purchase by buying equity in the home.The idea is that instead of taking on debt, the homeowner is sharing with Haus both the
risks and the rewards of changing home values
And instead of paying off a mortgage, the homeowner makes monthly payments to Haus that both purchases more equity and pays the startup and
its investors.The company estimates that these payments are, on average, 30% lower than a traditional mortgage payment
