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Frequently Asked Questions (FAQs)

Requity Homes Help Center

Buyers Partners

Realtors Mortgage Brokers Community & Other Partners

Getting Started

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What is Requity Homes?

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Is this a loan or mortgage?

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Who is the program for?

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How does rent-to-own work?

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How much will the rent be?

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Application

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How do I qualify for Requity Homes?

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What income documents are required?

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How much does the program cost?

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What happens after I get pre-qualified?

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Is a down payment required?

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Home Search

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What homes are eligible for the Requity Homes program?

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Do I need a real estate agent?

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Are sellers willing to offer Requity Homes a purchase on their homes? Are the available homes of good quality?

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Are there advantages to using Requity Homes in a competitive housing market?

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Home Purchase

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Who is responsible for closing costs?

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How does the purchase process work?

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What are the key considerations in the offer drafting process?

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How is the buyback price determined?

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Who owns the home in an arrangement with Requity Homes?

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Move In

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What do I need to do before moving in?

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Who is responsible for maintenance and repairs?

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Who pays property taxes, utilities, and insurance?

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Can Requity report my rent payments to help build my credit?

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Buyback

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How can I buy back the home?

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What if the home appraises for less than Requity paid?

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What if I decide not to buy — what happens to my savings?

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How quickly can I receive my savings if I exit the program?

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Does Requity Homes ever work for tenants?

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Have Questions About Rent-to-Own? Let’s Talk.

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