Joining the Ourboro network lets you help more of your clients reach their down payment goals, buying the home they want sooner.
We’re partnering with real estate agents, mortgage specialists, and brokerages that are looking for new and innovative ways to help their clients. Partnering with Ourboro allows you to give your client new options, even if they previously felt like homeownership was out of reach.
Attend an upcoming Info Session to learn more about working with Ourboro and be invited to create your Ourboro Referral Partner account. As a Referral Partner you will gain access to Ourboro resources and be able to introduce your clients to co-ownership.
Co-owning with Ourboro allows your clients to get into the market sooner by investing in the down payment alongside them. Our investment isn’t a loan, so there is no interest or additional debt. Instead, we buy a share in the future value of the home and, when the owner decides to sell, we each receive our fair share of the gains or losses.
As your client lives in the home we offer programs and services to help preserve and increase the home’s value, maximizing both of our returns.
Homeowners can co-own with us for up to 10-years. The homeowner is free to sell the home or make an offer to buy our share at any time. If they decide they’d like to remain in the home past the 10-year mark they may do so by paying fair market value, as determined by a third-party appraiser, for our share in the property.