Real Estate

2018 HW Tech100 Winner: Divvy Homes

Customers who don't qualify for a mortgage offered a three-year program to move from lease to buy

Tech100 Logo

Divvy Homes

Real Estate

Divvy is a rent-to-buy firm. Available in markets with appreciating home values, potential borrowers select a home on the market and Divvy will then buy it, and lease it back to them, while allowing them to build equity credits with every payment. Divvy raised over $7million to pursue its goal of offering an additional option between renting and owning.

Founded by self-proclaimed “real estate enthusiasts and technologists,” Divvy is still a young company, operating for now just in Seattle, Atlanta and Cleveland. Customers who are unable to qualify for a mortgage today are offered a three-year program to move from lease to buy.

divvyhomes.com

Latest Articles

Wells Fargo loosens jumbo lending requirements for current customers

Wells Fargo announced updates to is non-conforming refinance products at the beginning of July. While the updates loosen the jumbo requirements for current customers, the new standard for customers without a Wells Fargo relationship increased four times the amount it originally announced back in April.

Jul 09, 2020 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please