Save money
Build equity
Improve your credit score
To qualify for a mortgage.
HomeTeammates App will help you to save money, build equity, and improve your credit score, in a safe and secure investment, to qualify for a mortgage. Through HomeTeammates App you will team up with one or two matching partners to complement each other and qualify for a mortgage.
How?
Remember the $500 dollars you paid for your rent last month? And those other $500 that you have been paying ever since you started renting? That $500 and the rest could have been counted toward your own mortgage, instead of your landlord’s.
You are paying rent for the place you are sharing, right?
What is the harm in paying for a shared living space that actually is yours?
This is not the dream home you are buying. This is a 2-3 years investment opportunity to build equity and credit for your future plans. As soon as you save enough for full down payment of an independent home, you can sell your share and purchase your own home.
Based on your criteria for the home you want, (such as location, condo or townhouse, etc.), and criteria for your ideal teammate (such as gender, age, nonsmoker, etc.), we find one or two matching partners to team up with you and buy the home.
Features
- Your payments are processed through PayPall so we do not have access to any part of your payment information (bank card information, credit card information)
- Full Privacy Protection - The information you enter in your profile is yours. You decide on who will see what part of your information.
- You will get a clear idea of where you stand on mortgage qualification criteria, individually.
- You will get a clear understanding of what you need to qualify for the required mortgage for a specific property.
- Ability to accept or reject a teammate request from other applicants.
- Ability to send a teammate request to other applicants or teams.