HomeLight has successfully raised $20 million to further extend its 'Buy Before You Sell' product, aiming to enhance home buying and selling for 40 new states.
Drew Uher, founder and CEO, emphasized that the product has exceeded expectations and aims to tackle significant challenges faced by lenders in closing transactions.
Utilizing AI technology, HomeLight has enabled homebuyers to access up to 70% of their home's equity, significantly enhancing their buying potential in today's market.
HomeLight boasts a robust network of 40 lenders and over 28,000 real estate agents, highlighting the product's widespread acceptance and impact on unlocking equity.
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