What is Divvy Homes?

Divvy Homes is a modern rent-to-own program that can help homebuyers who can’t get traditional financing.

Approved customers choose the home they want, and Divvy will pay cash for the home. The customer can then live in the home they love while they save. Each monthly payment contributes approximately 75% toward rent and 25% is placed into a savings account going towards the purchase of the home.

 

When they are ready, they can then choose to buy the home back from Divvy at any time using the money they saved. The customer is under no obligation to purchase the home and can choose to cash out their savings and walk away if they decide not to purchase.

 

Divvy is not a mortgage lender or an iBuyer.