Citi Invests In Mortgage Tech Firm Vontive

Citi has invested in Vontive, a company that uses technology to finance investment properties. The investment includes equity and a $150 million securitization deal led by Citi. This deal establishes a securitization shelf for Vontive, providing the company with a means to scale its lending and integrate traditional finance tools with newer digital systems.

Vontive runs a platform that links real estate investors with private credit. The firm said this helps speed up the lending process and cut out common delays. Its focus is on properties that often require updates, such as homes built before 1980. These homes are challenging to finance, but they remain in high demand.

Vontive’s System Helps House Owners Get Funding More Easily

According to the update, there are more than 70 million homes in the U.S. that were built before 1980. Many properties need repairs or upgrades, but it’s challenging for owners to secure funding. Vontive said its system is built to solve that problem. The company’s goal is to help more of these homes become usable again.

Vontive’s technology checks data from homes, borrowers, and paperwork to keep the loan process moving. This helps lenders and investors feel more confident about each deal. The firm stated that the system reduces risk while enabling the handling of more loans simultaneously. That’s key when working at a larger scale.

Charles McKinney, leader of Vontive, said there is strong interest in private credit. He added that meeting this demand requires a platform capable of handling tasks quickly and reliably. McKinney noted that with Citi’s support, the company can focus on steady, long-term growth.

Citi’s Deal Shows Its Interest In Data And Technology Platforms

Citi said the latest deal shows its interest in new platforms that use data and technology. The bank views Vontive as a valuable partner because it combines innovative software with a clear market need. By working together, they hope to make it easier to fund property updates.

With Citi’s help, Vontive now has the tools to offer more loans and reach a broader range of borrowers. The firm stated that the securitization shelf enables it to build consistent, real estate-backed investments. These products could attract more investors and support additional housing projects.

Older properties often get overlooked by lenders because they appear too complex. Vontive said its tools are designed to manage that complexity without slowing down the process. This could unlock more value in neighborhoods that have been left behind.

Citi said it aims to move quickly without cutting corners. Faster loans enable property investors to act sooner, allowing them to receive returns without lengthy wait times. It’s a better system for everyone involved in the deal.