TSF:
Mortgage Web3
Tokenizing seller-financing notes to unlock liquidity in the mortgage market — without disrupting existing workflows.
Seller-financing notes were trapped in illiquidity.
Since the subprime crisis, traditional credit underwriting has tightened, leading to a rapid growth in seller-financing. However, homeowners seeking an early exit are trapped by structural barriers:
- Each deal is bespoke, making valuation and comparison extremely difficult.
- Credit underwriting standards are inconsistent and fragmented.
- Verifying the accuracy and reliability of legal documents and credit records is complex.
- Secondary market access is restricted to a handful of professional institutional funds.
As a result, retail investors are excluded from the market, and homeowners are forced to accept steep discounts or forego liquidity altogether.
Standardize, Then Tokenize
Standardized Structure
Buyers go through credit underwriting and finalize contracts with homeowners based on standardized property assessments and terms. This replaces bespoke chaos with a structured framework, proposing fair valuations based on UPB (Unpaid Principal Balance), LTV, and repayment history.
End-to-End Marketplace
Cover on/off-boarding, contract generation, and payments via licensed partners. By decentralizing the traditional banking spread, TSF allows homeowners, buyers, and investors to share value more fairly through a single operational platform.
Liquidity via Tokenization
List notes on an investor-only marketplace for fractional ownership. Certified Web3 investors complete AML/KYC to invest via stablecoins, while a smart contract and SPV fully manage off-chain remittances in a transparent, trust-minimized way.
HYBRID ARCHITECTURE
OFF-CHAIN
- Credit underwriting
- Contract generation
- Loan servicing & payments
ON-CHAIN (MANTLE NETWORK)
- Contract & credit hashes (Integrity proofs)
- Merkle root updating for payment history
- Stablecoin investment & fractional yield claims via smart contracts
- Trust-minimized decentralized ledger (no sensitive data exposure)
Transaction-aligned revenue.
TSF generates revenue at each stage of the deal lifecycle — origination, servicing, and tokenization. Every fee is tied to actual value delivered, aligning incentives between homeowners, investors, and the platform.
| Fee Type | Rate |
|---|---|
| Origination Fee | 1% of Principal |
| Servicing Fee | 1% of Payments |
| Tokenization Fee | 0.5% |
| Success Fee | 1.0% |
Build to
Market
Functional prototype + Firebase integration
Compliance frameworks for seller-financing docs
AML/KYC providers + SPV structures
Licensed loan servicers + title management
U.S. focus via Zillow + real estate agent network