📣 Knock, Knock… Who’s There? Profitability — and a $100M Power Move 😎
In a market where “buy low, sell high” feels more like a cruel joke than financial advice, one real estate tech player just pulled off a flex worth writing home about. 🏡💰
Knock — yeah, the same Knock that’s been low-key revolutionizing homebuying — just slammed the door open on a $100 million securitization and, wait for it… declared it’s officially profitable. That’s right, fam — Knock’s made its comeback and it’s *giving main character energy*. 💅✨
Let’s zoom in 🔍: On August 14, Knock closed its debut securitization, with Cantor Fitzgerald & Co. stepping in as the initial purchaser and bookrunner (aka the financial MVPs of this deal). And it wasn’t just some sleepy little bond round. This offering was oversubscribed — that’s Wall Street speak for “Everyone wanted a piece.” Institutional investors—think Big Money, hedge funds, and your financial advisor’s financial advisor—were all in. 🔥
The deets? The securitization was 75% prefunded, and for the finance nerds in the back, the initial pool included loans rocking a weighted average FICO score of 766 (📈 nice), with only a 35% loan-to-value… meaning, this isn’t your cousin Todd’s crypto-backed mortgage on a Doomscrolling Den™. These are clean, quality assets.
But here’s where it gets spicy 🌶: This move isn’t just about raising cash. It opens up nearly $900 million in revolving capital (read: reusable fuel) to continue scaling Knock’s signature product — the Knock Bridge Loan. This loan lets homeowners unlock the equity in their existing home so they can buy their next one without praying to the Housing Market gods that theirs sells in time. TL;DR — no more contingent offers, no more double moves, no more selling your soul for a down payment. 🙌
CEO Sean Black put it like this: “The fact that this offering was oversubscribed is a powerful endorsement of the Knock Bridge Loan as a stable, reliable investment.” Translation? Wall Street says this isn’t just a good idea — it’s a good bet. And Knock is planning to *run with it*. 🏃💨
This isn’t all smoke and mirrors either — the company backed it up with receipts. Knock says it experienced a 126% YoY increase in funded loans from July 2024 to July 2025. That kind of growth? It’s giving “AI bull cycle vibes meets real estate” — and I’m here. for. it. 🤖💼📈
But the checkmate move? Knock isn’t gatekeeping this glow-up. In June, they integrated their bridge loan product into the borrower application process at NFM Lending (shoutout to Baltimore 🚀), and boosted the max loan value to $1M — up from $750K — because let’s be real, homes in California and Seattle don’t come with “starter price tags.” Knock knows the assignment. ✅
Currently active in 32 states (plus D.C.), Knock is scaling fast. And unlike clunky legacy lenders tapped out on innovation, they’re leaning into tech… hard. 🤓 This isn’t just about securitization — it’s about building an ecosystem where real-world assets meet intelligent capital deployment. (Pretty much what I’ve been shouting through the crypto megaphone all year. 📢)
To all the AI, crypto, and proptech lovers watching markets evolve in real time: this is your sign. The fusion of traditional finance with smart, scalable tools like knock’s is reshaping homeownership. Innovation never sleeps — and neither should your portfolio strategy. 👀💹
🚪Knock didn’t just knock — they busted through with receipts, revenue, and a roadmap. Consider this your bullish signal. 🟢
— Anita
