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Divvy: Rent-To-Own Your Dream Home with Built-In Savings

Divvy is a rent-to-own platform designed to help aspiring homeowners secure their dream home while building savings for a future down payment. By allowing users to rent a property, Divvy facilitates a pathway to homeownership within three years or less. The service is accessible and requires no commitment, making it an attractive option for those not yet ready for a mortgage.

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FAQs

What is Divvy?

Divvy is a rent-to-own platform that enables individuals to rent their dream home while accumulating savings for a future down payment.

How does Divvy help users save for a down payment?

A portion of the monthly payments made to Divvy goes towards building savings for the user's future down payment, allowing them to accumulate funds over time.

How long does it take to get prequalified with Divvy?

Getting prequalified with Divvy takes under five minutes and does not impact the user's credit score.

Can users walk away from the agreement with Divvy?

Yes, users can walk away from the agreement with a 60-day notice and keep their built-in savings, minus a relisting fee.

What makes Divvy different from traditional home buying options?

Divvy allows users to move into their dream home immediately while building savings towards ownership, without the need for perfect credit or large upfront payments.

In which markets is Divvy available?

Divvy operates in several markets, including Atlanta, Cincinnati, Cleveland, Dallas, Denver, Fort Lauderdale, Houston, Jacksonville, Memphis, Miami, Minneapolis, Orlando, Phoenix, San Antonio, St. Louis, and Tampa.

Q: How often does Divvy experience outages?

A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.

Q: How long do Divvy outages typically last?

A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.

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