Locations
Seattle, WA, USA · University of Washington, Seattle, WA, USA
industry
Finance · Internet Services · Real Estate
Size
1 - 10 employees
Stage
Series A
founded in
2016
Loftium is a technology startup that provides innovative solutions for homebuyers by offering down payment assistance in exchange for a share of future Airbnb income. Founded in 2016, Loftium aims to make home ownership more affordable in urban areas, particularly in cities with high living costs. The company estimates potential Airbnb income and provides custom down payment offers, allowing buyers to host short-term guests in their homes. This unique business model not only helps individuals overcome the down payment hurdle but also creates a passive income stream for homeowners. Loftium's approach differentiates it from traditional mortgage options by eliminating the need for repayment of the down payment, as it is recouped through shared rental income. With a focus on customer support and automation, Loftium is positioned to scale in the growing market of affordable housing solutions.
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