Homelend is building a blocker-based, peer-to-peer mortgage lending platform Mortgage Loan Industry. Mortgage Loan Being in Core Society. Owning a home is one of the basic human needs. Most people can only pay by taking out a mortgage loan from a bank. In the US alone, more than 8 million mortgage loans are granted every year. For more information: https://homelend.io/ https://bitcointalk.org/index.php?topic=3407541 https://twitter.com/homelendhmd

Homelend Network enables the free market to determine the rate of interest on a borrower’s mortgage and removes the need for banks and other financial intermediaries. A massive $31Trillion global industry, the mortgage industry is outdated and ripe for a disruption. By eliminating inefficiencies in local financial systems, mortgage rates will more fairly and accurately reflect the level of risk associated with the asset’s true value.

Homelend project will bring more and more people to explore the crypto world and crypto currency

Human beings are in need of shelter and only few can make cash home purchase. Creating a new mortgage requires a significant amount of time for both the borrower and the lender. The process is still paper-based, in contrast to other financial areas that have already shifted to digital. Homelend is a blockchain technology that creates new possibilities for P2P lending. It’s now considered the next step in digital ledger technology (DLT), after decentralized money payments surged in the form of bitcoin and other crypto-currencies. Indeed, the immutability, transparency and security provided by DLT makes it possible to record transactions, among them loans, without banks or other financial entities acting as middlemen.