1. Help Center
  2. How do I buy back my home?
  3. What happens to my Divvy savings, home value, and rent payments during buyback?

What about my savings? How can I apply my savings to the down payment and closing costs?

Your savings in the home can be applied to your down payment (typically listed in the form of either a previously received earnest payment or a seller concession), to your closing costs or to both. The distribution of your savings can be applied to your closing based on discussions with your lender and their requirements for your mortgage.