Credit unions have a $15 Billion problem.

We are forming a CUSO to help them solve it.

November 2026

Everything went up faster than their paycheck

Home prices

Doubled

Property taxes

↑ 40%

Home insurance

+100%

Groceries/Energy/Gasoline

↑ 25%

Credit cards

23% APR

Home equity funding at credit unions

$55.8B

$61.0B

$71.3B

−$12.6B

−$13.6B

−$14.7B

2023

2024

2025

Wall Street is now buying some of their home equity 

Home Equity Investment?

cash today

$100,000

monthly payment

$0

settled

when home sells

Cumulative HEI Securitization

Issued that year

Issued in earlier years

$0.7B

2021

3 deals

$1.1B

2022

5 deals

$1.8B

2023

9 deals

$3.0B

2024

15 deals

$5.7B

2025

25 deals

$8.3B

2026*

33 deals

*Through Oct 22, 2026. Headline deal size at close. Sources: issuer releases, Morningstar DBRS, HousingWire, Asset Securitization Report.

The flow

CREDIT UNION

Refers its members

EQUITY ADVANCE

The CUSO

Program administrator

LICENSED ENTITY

Originator of record

BUYER

Insurance / Pension

Data

Leads

Sells contracts

Program administrator fee

CUSO · credit union service organization

NOW - SAFE OPEN

$2M SEED

capped at a $20M valuation

$700K of $2M funded

1

Secure our first credit union partnerships

2

Secure the financing facility

3

Launch and test the pilot

All done by end of Q1 2027

Focus is on the top 40 credit unions

$175M

Avg. Annual DTI

Turndowns per CU

105

Avg. Monthly Denied

Members

15 credit unions match market leaders $1.5B valuation

2025 HEI VOLUME

$313.3M

$633.8M

$719.9M

$720.2M

$737.6M

SPLITERO

UNLOCK

HOMETAP

POINT

15 CREDIT UNIONS

Hometap: $1.53B post-money, Dec 2025 round led by Gallatin Point (Crunchbase via Metal). Volume: 2025 recorded HEI contracts (ICE).