Divvy Homes

For consumers who want to own a home but can’t qualify for a mortgage, rent-to-own programs like that provided by Divvy are an option that provides them with the time to accumulate a solid credit history and the means of savings towards a downpayment. Divvy is a tech-enabled real estate platform that facilitates rent-to-own home purchases. Divvy purchases homes on behalf of its customers and leases the properties to them such that a portion of rent goes towards customer equity in the home, with the goal of selling these properties to the customer at the end of a three-year lease. Even before they receive the deed, customers have access to many of the perks of being a homeowner, like higher-quality homes in better neighborhoods. With this approach to homeownership, Divvy aims to help a new generation of Americans become homeowners and start building wealth.