How do I qualify and get approved for Divvy?

You can apply online in minutes to find out if you may be pre-qualified for the Divvy program. Eligibility is determined by a variety of factors including credit profile, income, and background check. 

Here are the minimum qualification requirements we consider: 

    • A FICO score of at least 550*: All applicants need to pass a soft credit check—this won’t affect your credit score. We’ll look at your FICO score, recent loan delinquencies, and any foreclosures or bankruptcies**.
      • In some cases, a soft credit check might not provide Divvy with enough information to determine your eligibility. If this happens, we’ll reach out and explain how to move forward.
    • * Be aware that not all FICO scores are calculated the same way—we use Experian as our credit bureau. Your score through your credit card company or third-party service could appear differently. Our credit requirements are also subject to change at any time.
      • ** We may still be able to move forward if a bankruptcy has been cleared for more than one year.
  • A minimum monthly household income of $2,500: You can add a co-applicant during the application process. The exact minimum required income will depend on factors like, your current debt levels and home prices in your desired metro area. 
  • 3 months of verifiable income: We look for 3 months of steady income. You’re able to add multiple income sources including self-employment. Just know that self-employed income can take a little longer to verify.
  • Background check: We run a background check to determine your rental history and criminal background. For criminal background checks, we evaluate the recency and severity of any convictions.
  • A valid government-issued photo ID

*Be aware that not all FICO scores are calculated the same way—we use Experian as our credit bureau. Your score through your credit card company or third-party service could appear differently. Our credit requirements are also subject to change at any time.

Ready to start your homeownership journey? Apply today!