When you submit a mortgage application, it’s exciting and nerve-wracking all at the same time. Your hopes for the future rest in someone else’s hands, and that’s never easy. If your mortgage application is declined, it can be a very frustrating feeling. At Divvy, we understand how much it hurts to have your mortgage denied, …
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The recent killings of Ahmaud Arbery, Breonna Taylor, George Floyd, Tony McDade, and Rayshard Brooks have ignited outrage across the United States and the world. We at Divvy share this outrage. We are looking more closely, not only at issues of police brutality, but at problems in our own industry. It is clear that the …
Continue reading "Understanding and Dismantling Systemic Racism in Housing"
When buying a home for the first time, there are all kinds of things you must learn in a short period of time. It can feel a bit overwhelming as you evaluate your options and try to make good decisions. One of the terms you may hear when trying to buy a home for this …
Continue reading "What is PMI and How Does It Affect Home Buyers?"
Summary: Tiffany and Sonova are young professionals who looked forward to starting a life together. Buying a home seemed difficult, but with Divvy they were able to move into the home and save up to buy it in just 18 months. Tiffany and Sonova met in 2013 and fell in love. They were both 20 …
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Everyone knows that you need a down payment to buy a home. But how much is enough? In this post, we explain how to find the right answer for you. When you think about buying a home, the first thing you think about is probably the kitchen, the backyard, or the master bedroom. Perhaps you’ll …
Continue reading "How Much Money Do you Need for a Down Payment?"
