Divvy Homes
Divvy Homes is a tech-enabled real estate platform designed to make homeownership more accessible, flexible, and achievable. By reimagining the traditional home buying process, Divvy provides renters with a clear pathway to owning a home. The company purchases homes on behalf of qualified customers and leases them back through a rent-to-own model, where a portion of each monthly payment is applied toward building equity. At the end of a typical three-year lease term, customers have the option to purchase the property, using the accumulated equity as a down payment. Through this innovative approach, Divvy Homes bridges the gap between renting and buying, helping individuals and families build wealth and stability while living in the homes they love.
ABOUT DIVVY HOMES
Divvy Homes is a modern, digital version of the traditional rent-to-own model, designed to make homeownership more attainable for individuals and families who may not qualify for a conventional mortgage.
The platform purchases homes on behalf of customers and leases the properties to them while allocating a portion of each monthly payment toward building equity.
Divvy offers a more affordable, flexible, and transparent path to homeownership, giving renters the ability to start building wealth without perfect credit or a large upfront down payment.
HOW TO GET APPROVED
Credit score: Minimum of 550
Monthly income: At least $2,500
Income history: 3 months of verifiable income
Background check
Debt-to-income (DTI) ratio within acceptable limits
Valid government-issued photo ID
THE DIVVY WAY
Step 1: Apply for Free
Start your journey with a quick, 5-minute prequalification process. It’s free, has no commitment, and doesn’t impact your credit score.
Step 2: Find Your Dream Home
Receive your home-shopping budget and browse Divvy’s inventory of move-in-ready homes. You can also self-tour properties with ease.
Step 3: Secure Your Home
Make an initial payment of 1–2% of the home price, which goes directly toward your future down payment. A guaranteed move-in date lets you plan with confidence.
Each monthly payment includes built-in savings that grow over time, helping you build a down payment for future purchase.
Step 5: Buy or Walk Away
At the end of your lease, you can buy the home at a predetermined price, or walk away with your accumulated savings (minus a relisting fee) if your plans change.