Why we built the Home Ownership Program
Housing affordability is one of the defining challenges of our time. Home prices and mortgage rates remain elevated, putting homeownership out of reach for many renters who want to buy but cannot yet meet the down payment or credit requirements for a mortgage. We believe meaningful progress requires two things at once: more housing supply, and more ways for people to participate in the wealth-building potential of real estate. That is why we built a program designed to move renters toward ownership, one step at a time. The place you rent should be able to become the home you own.
What the program gives renters in Arrived properties
Fair rent, always
Joining never costs more. Your rent and fees stay in line with comparable Arrived homes, with no premium for being on the path to ownership.
Build credit as you pay
Opt in, and we report your on-time rent payments to the major credit bureaus, so the rent you already pay can work toward the credit profile a mortgage may require.
First claim on your home
If the home you rent is ever offered for sale, you get a right of first refusal and a 60-day first-look window before it goes to anyone else.
1% toward your purchase
When you buy your Arrived home, we contribute 1% of the purchase price toward the purchase, as price concessions or closing credits.
Flexible redemptions
If you are already investing on Arrived and sell fund shares alongside your home purchase, we waive the redemption fees.
Guidance from our team
Our team helps you understand each step, from building credit to closing, so the path from renting to owning is clear.
Your path from renting to owning
Rent an Arrived home and join
If you live in a participating Arrived home, you can join the Home Ownership Program at no extra cost, with fair rent throughout your time in the program.
Build toward a mortgage
Opt in, and we report your rent payments to the major credit bureaus. The thing you are already doing each month can start working toward the credit profile a mortgage may require. Participation is your choice.
Get first look when it is for sale
If the home you rent is ever offered for sale, you get a right of first refusal and a 60-day first-look window before it goes to anyone else.
1% toward making it yours.
When you’re ready to buy, Arrived contributes 1% of the purchase price toward your purchase if you buy the Arrived home you rent, or another Arrived home that’s for sale while you’re renting. This contribution may be applied as a price concession or closing credit.
