Thomas Sponholtz, CEO of Unison, talked about his company’s model for assisting homeowners with down payments on CNBC’s "Power Lunch."
Unison assists homeowners by splitting the cost of a down payment on a home. The company then gets a share of the profits when the home is eventually sold. The company has been lending down payment money for three years.
The company is building a nationwide portfolio of properties, and will comfortably invest in any property that can be reasonably and accurately priced.
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