Lotly
Curated by SignalFintech platform simplifying real estate investing and mortgage processes.
Overview
Lotly is a fintech platform that focuses on alternative real estate investing in Canada. It aims to simplify the mortgage process for first-time homebuyers and real estate investors. The platform features a co-ownership model that connects investors with homeowners and offers services including insured mortgages, down payment assistance programs, and various mortgage products. Lotly's online application process is designed to be efficient, typically taking around five minutes, and is supported by mortgage agents who provide advice as needed. The platform addresses the needs of individuals facing credit challenges or those with side hustle income, as well as investors looking for rental income and renovation financing, with the goal of enhancing purchasing power and facilitating portfolio expansion in the real estate market.
Key facts
- Founded
- 2012
- Headquarters
- Toronto, Canada
- Stage
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- Industry
- Financial Technology
- Sector
- Investment Technology
Business model
- GTM channel
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- 3 products and services
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- Commercial model
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Contact
- Primary office
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