How do I qualify for Requity Homes?

You can get pre-qualified online on our website. It’s easy and free!

Here is a list of general requirements:

• A minimum credit score of 500: All applicants need to meet the minimum credit score. We will review your credit report in detail including your total debt outstanding and recent loan delinquencies.
• At least one family member is currently employed full time or has other sources of steady income.
• Savings: 2-10% of the initial home price. We will evaluate each application on a case by case basis. The exact down payment will be confirmed during your full approval.
• Not currently in a bankruptcy or consumer proposal.
• No unpaid collections or defaulted debt with balance outstanding.
• The minimum income required varies city by city depending on the starter home price range in the area. Generally, we need a minimum household income of $70,000 annually or $5,900 monthly: You can add a co-applicant in your application if the co-applicant will be living in your home with you and is over 18 years old

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Sign up through our website to get pre-qualified.