If you can provide at least 5% down, Landed can contribute up to 15% of the home purchase price (up to $120k, depending on the region). This can make your monthly payment more affordable and help you make a more competitive offer on your dream home.
In this example, Landed contributed 50% of the down payment. When the partnership ends, we would earn our original investment back, plus 33.0% of the gain. And Landed continues to invest to help other essential professionals buy their dream home.
In the case when a home loses value, we earn back our original down payment minus our share of the loss. In this example, it would be 33.0% of the loss. ( Your Landed homebuying team will help you chose wisely and reduce the chances of this outcome.)
We work with you every step of the homebuying process, from matching you with a homebuying coach, agent, and participating lender, to helping you explore our down payment program. We're here to help turn your dream of homeownership into reality.
You can choose how and when to exit the partnership, usually through a sale or refinance any time before the end of the 30-year term of your mortgage. Typically, Landed customers exit the partnership within 3–5 years after purchasing their homes.