News Formal

TIME100 Most Influential Companies 2022: Divvy Homes

  • 📰 TIME
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Buying a home may be the goal, but many first-time buyers lack the funds to get a traditional mortgage. That’s where divvyhomes comes in TIME100Companies

lack the funds to get a traditional mortgage. That’s where Divvy Homes comes in. Through its rent-to-buy program, aspiring homeowners can pay a 1% to 2% down payment, and Divvy will pay for the rest of the home.

Clients then pay monthly rent to Divvy—but unlike with traditional renting, a portion of each payment goes toward building equity. About half of Divvy’s clients build enough equity to buy their homes within three years. “Our mission is to make homeownership accessible,” says CEO Adena Hefets.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

divvyhomes Read the fine prints, there is always a catch. These investors put things in contracts to take away most of the equity or ways where buyers may end up losing it all.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 93. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

TIME100 Most Influential Companies 2022: The Pinkfong Company“Baby Shark,” which this January became the first YouTube video to be viewed more than 10 billion times, is more than just a catchy song—it’s big business for its creator, South Korea’s Pinkfong Company TIME100Companies Just dropped my first on youtube go support please I must literally be the only person on earth who has never heard the Baby Shark song I hate baby shark, is so annoying
Källa: TIME - 🏆 93. / 53 Läs mer »