Ownify reimagined the path to homeownership to make it achievable for the next generation of homebuyers. Through a revolutionary fractional ownership program, Ownify customers buy their homes with as little as a 2% down payment, lower upfront costs and lower monthly payments compared to traditional homebuying models. Ownify customers own 2% equity on day one and continue to buy their home, brick by brick, building equity with fixed monthly payments for five years. On average, Ownify customers save $34,000 on the down payment and over $200 per month compared to a traditional mortgage, and average 12 days from offer to close. With lower upfront costs and a powerful cash offer, Ownify provides the path for first-time homebuyers to compete in the market and achieve their dream of homeownership with zero debt and no surprises.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
05/18/23 | $7,000,000 | Seed |
Gaingels Lobby Capital Socially Financed | undisclosed |