How does pvy work for homebuyers? From searching available homes to negotiating with sellers, Divvy can be used to buy any home on the market priced up to $300,000. Once you have found a home, Divvy purchases the home and then leases the property to you. We'll work with you to determine a home budget that you're comfortable with.How much down payment do i need to buy with pvy? Divvy only requires 1% down and covers all fees, closing costs, taxes, and insurance. As you live in your new home, you'll gradually build up ownership. A small add-on to your monthly payment goes toward your "equity credits". This will be your down payment when you're ready to purchase the home from Divvy.What do i need to rent to own a house with pvy? Divvy will then negotiate with the home seller on your behalf to buy the property. Here is a great summary for everything you’ll need on hand to work with Divvy on a rent-to-own home: Documented income (at least $2,400 per month) is required. A credit score of at least 550 is required.Is pvy a good option for me? If you want to live in a certain home or simply prefer owning a home over renting but are unable to qualify for a mortgage for any reason, Divvy could be a good option for you. Divvy has been designed for people who do not qualify for a mortgage but want to purchase a specific property.
Contact Us. Thank you for your interest in DivvyHQ! If you have questions, feel free to give us a call or complete the inquiry form below. Let us know the nature of your inquiry as well so we can forward it on to the appropriate team member.