Frequently Asked Questions
HomeFounder offers a new path to new construction homebuying, we understand if you have questions.
We're a new type of real estate service that helps homebuyers find and afford a new construction home.
With our flagship Founder Equity program, your preorder helps fund the construction of your future home. In exchange, you’re rewarded with bonus equity up to 15% of the value of your home (around $50-70K in savings) once the home is built.
We are also developing a HomeCredit program to increase access for buyers without a downpayment saved up.
When you see an upcoming community you like, you preorder in 3 easy steps:
- Reserve a lot & customizable home model from the builder’s available floorplans.
- Purchase your Founder Equity with an “early downpayment” of 10-15% of your future home’s value, plus a $2.5K legal setup fee. This will rollover to your mortgage lender later.
- Your home will start construction, and your Founder Equity starts growing!
With your Founder Equity, you’ll essentially own a portion of the future community. Once the home is built, you’re ready to get a (up to 30% smaller!) mortgage, just for submitting your downpayment a little earlier. Your original downpayment (10-15%) will transfer to your mortgage lender, and your Founder Equity will be worth up to an additional 15% of your home’s value.
That’s easily over $50K in lifetime savings. See how much this saves you with our Savings Calculator.
We are neither a builder or a lender. Think of us as your price-cutting partner-in-crime. We partner with, vet, connect, and advocate for you to new construction builders and lenders, so you can buy with peace of mind.
HomeFounder is for any homebuyer with a flexible timeline who wants to buy a new construction home at a great value.
Our upcoming homes are in the $350-450K range for 3-4 bedroom homes, perfect for first-time homebuyers and young families looking for a little extra space.
We know it’s hard to save up a large 10-15% downpayment. We’re working on improving access through a downpayment assistance program. You can still get access to our programs; just let us know you’re interested in a lower downpayment.
We currently operate in the Atlanta, GA metropolitan area, but will be expanding soon.
No, all homes must be pre-ordered before they’re built, typically 12 months in advance of move-in. This is because your preorder helps the builders plan construction more efficiently, savings which we pass on to you.
More questions?
More questions?
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Get early accessOnly 29 reservation slots available for upcoming Atlanta, GA communities in 2022