Founded in 2019 in Seattle, Washington, HouseAMP Inc. provides home improvements loans to help individuals increase the curb appeal of their home before putting it on the market. HouseAMP uses a pay-at-close loan model, providing homeowners with a low-cost loan that will be paid back after the home sells, increasing your overall profit.
Applying for a HouseAMP pay-at-close loan is quick and easy. You can also receive recommendations for realtors and home repair contractors that can assist in increasing your home’s value and selling faster.
Continue reading for a full review of the company.
Through HouseAMP’s pay-at-close loan program you can increase the curbside value of your home, sell faster, and reduce stress in the closing process. You aren’t required to pay back your loan until after your home sells, helping you make more profit.
Applying for a HouseAMP pay-at-close loan is quick and easy and the company states that you can receive your funds fast, although a specific timeline is not provided.
If you don’t yet have a realtor to assist in selling your home, HouseAMP can connect you with local realtors. Options provided by HouseAMP may be limited, depending on the number of realtor partners it has in your area.
HouseAMP is with you every step of the way — from home improvement, to sale and closing. Thus, once you get your loan, HouseAMP will also connect you with contractors to complete home renovations or other projects if needed. Options provided by HouseAMP may be limited, depending on the number of contractor partners it has in your area.
The HouseAMP website does not provide rates or terms, including loan amounts. Thus, you will need to complete an application to see what rates and terms you qualify for. HouseAMP does outline that loans are short-term, although specific loan lengths aren’t provided.
In addition, it is unclear whether or not HouseAMP charges any fees, such as an application fee, origination fee, or prepayment penalty fee.