Getting started.

Housd is the onchain distribution layer for residential private credit.

Investors deposit stablecoins into professionally curated vaults that finance short-duration, first-lien Residential Transition Loans originated by vetted lending partners. As borrowers repay principal and interest, the value of the vault increases and yield is distributed to investors through NAV appreciation.

Every loan is backed by residential real estate and tracked through Housd's proprietary Loan Management System, providing investors with complete visibility into the underlying assets.

Residential Transition Loans (RTLs) are short-term loans used by professional home developers to acquire, renovate, and sell residential properties.

For decades, institutional investors—including banks, family offices, hedge funds, and private credit funds—have allocated capital to this asset class because of its attractive risk-adjusted returns, short duration, and first-lien collateral.

Key characteristics include:

• First-lien security over residential real estate
• Typical loan-to-value (LTV) of 65–70%
• Average duration of 6–18 months
• Historically low default rates
• Consistent cash flow through interest payments

Housd brings this institutional asset class onchain for the first time.

Traditional private credit is largely inaccessible.

Investments often require multi-year lockups, high minimum commitments, limited transparency, and manual administration.

By bringing residential private credit onchain, Housd enables:

• 24/7 global access
• Transparent loan-level reporting
• Digital ownership through tokenized vault shares
• Faster settlement
• Composable infrastructure across DeFi

Rather than replacing traditional finance, Housd extends institutional private credit to onchain capital markets.

Each Housd vault pools investor capital into a diversified portfolio of Residential Transition Loans.

1. 1Investors deposit approved stablecoins into a Housd vault.
2. 2Capital is allocated to approved originators.
3. 3Originators finance qualified residential developers.
4. 4Developers repay principal and interest throughout the loan lifecycle.
5. 5Repayments flow back into the vault, increasing NAV.
6. 6Investors redeem according to the vault's liquidity policy.

Each vault is actively monitored through Housd's Loan Management System, allowing investors to view every underlying loan, property, repayment, and portfolio metric.

Getting started takes only a few steps.

1. 1Connect your wallet.
2. 2Complete the required KYC verification.
3. 3Select an available Housd vault.
4. 4Deposit the supported stablecoin.
5. 5Receive vault shares representing your proportional ownership.
6. 6Monitor your investment through the Housd dashboard.

Your dashboard provides complete visibility into portfolio performance, loan-level data, accrued yield, and current NAV.

What assets back Housd vaults?

Each vault is backed by first-lien Residential Transition Loans originated by approved lending partners.

How is yield generated?

Yield comes directly from interest paid by borrowers on the underlying loans.

Is the yield guaranteed?

No. Returns depend on the performance of the underlying loan portfolio.

How is the vault valued?

Each vault uses a Net Asset Value (NAV) model based on outstanding principal, accrued interest, cash balances, and realized losses.

Can I see the underlying loans?

Yes. Housd provides loan-level transparency through its proprietary Loan Management System, allowing investors to monitor every property, developer, repayment, and portfolio metric.

How do redemptions work?

Redemptions are processed according to each vault's liquidity policy. Certain vaults also support secondary liquidity through Housd's liquidity infrastructure.

Who originates the loans?

Loans are originated by institutional lending partners that have undergone Housd's underwriting and due diligence process before being approved for the platform.