A whole new, easier way to start owning
For the same price you’re paying in rent each month (or less), you could move from a multi-unit apartment to a multi-bedroom house.
The cash that’s going into your landlord’s account today – your hard-earned cash – could instead be used to continually increase equity in a home that you own with your homemates.
You had the freedom to move to a new city, the financial independence to find a great place to live on your terms, and direct connection to diverse and authentic people to help you easily make new friends and build lasting relationships.
Sound too good to be true? It isn’t. Welcome to SocialEquity.
Trust is everything
The SocialEquity platform serves as the hub for our entire offering. It’s where you’ll go to connect with friends, find homes, apply for mortgages, make payments, even foster a positive and harmonious home life.
A new, more collaborative
way to lend
If the SocialEquity platform is the heart of our business, our patented mortgage is the brain. Introducing the Co-Ownership, Financially Friendly, Easily Exchangeable Home Loan. (We know that’s a mouthful, so you can just call it the COFFEE Mortgage for short.)
You can relax with everything
One you’re in the home, the SocialEquity platform serves as a conduit for making payments and for managing your entire home ownership experience.
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The Network ✌️
Unlike today’s social media networks, the SocialEquity app is designed for the express purpose of facilitating connections in the real world. It’s a way to meet like-minded individuals, form communities, find homes, and ultimately establish life-long relationships.
For that reason, we conduct basic research and validation exercises before an individual can gain access to the Platform, including:
🆔 Identity check – allows us to validate that people on our network are real people, no anonymous trolls allowed!
🔐 Background and security check – this enables us to create a network that’s as safe as possible for all our members.
💳 Credit check – since the overarching goal of the Platform is to help you find individuals with whom you’ll purchase and share a home, we want to ensure all members are in a position to move toward that goal.
All of this is conducted so we can create a safe, secure, and transparent environment for our members.
The Coffee Home Loan 💸
Unlike other purchasing tools available today, the COFFEE Mortgage operates on three fundamental levels:
1️⃣. We simplify the entire mortgage request and approval process, providing clear and straightforward guidance from beginning to end.
2️⃣ We combine your purchasing power with that of your home mates, making homes accessible in price brackets you couldn’t reach individually.
3️⃣ We reduce your share of down payments and ongoing mortgage payments, often making your payments equal to or less than rent you’re paying today.
Once complete, you and your home mates will each own a portion of the home. As you pay down the principle on that home and as the home value appreciates, your equity (and your personal wealth) increases as well.
🛠 Home Maintenance
Unlike conventional home mortgages, your monthly payments will cover contributions to a maintenance and upkeep fund, minimizing the financial impact of emergency repairs.
👌 SocialLiving Agreements
Our experts will also help you and your home mates develop a set of guidelines and expectations that serve as ground rules for living together. It’s a great way to surface and address sticky subjects before they can devolve into toxic issues that impact everyone’s enjoyment of the home.
If you find another home on the SocialEquity network and there’s an opportunity to join that buying group, the equity you’ve built up is portable. If you decide to leave the SocialEquity network, you can “cash-out” your portion of the equity.
In either case, once your co-workers have found and approved another individual to take your place, you’ll have the flexibility and freedom you need to begin the next chapter of your life with a healthy financial head start.