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Landed raises $7.5 million Series A to help teachers buy homes

Landed, which just raised a $7.5 million Series A round led by Initialized Capital, helps educators buy homes by providing them with down-payment assistance.

“Our mission is to help these people build financial security and help them remain committed to their communities,” Landed co-founder Alex Lofton said. “We try to stay flexible to people’s realities. We don’t require people to buy in any particular city.” To date, Landed has helped more than 200 educators buy homes in the San Francisco Bay Area, Denver and Seattle.

Tags

lending, mortgage