How it Works
Unlock homeownership with lower payments and shared success.
Apply for a home loan directly on Genrae's website. We'll guide you through every step of the mortgage process, starting with pre-approval to assess your finances and determine how much you can borrow.
Once you're pre-approved, work with a real estate agent to find a home that meets Genrae's criteria for a solid investment. When you find the right home, make an offer. If your offer is accepted, you'll move on to closing with Genrae.
At closing, Genrae works with everyone to make sure all funds are ready. You'll sign the closing documents, including the Genrae Purchase Agreement that explains our investment terms.
After closing, you can move into your new home. You will be responsible for the monthly mortgage payments, as well as any applicable taxes, insurance, and HOA fees.
Both you and Genrae stand to benefit from any increase in the home's value over time, according to the terms of the Genrae Purchase Agreement.
We offer a mortgage with an interest rate about 2% lower than the national average, which can reduce your monthly payments by around 20%. When you sell your home, you'll share a modest appreciation with us for every year we helped you.
Enjoy immediate savings with a lower monthly payment that eases your budget. With no extra rent or service fees on the reduced mortgage, you keep more money in your pocket every month.
You fully own your home as long as your mortgage remains current, including your down payment and principal payments. Any increase in your home’s value above a modest cumulative amount per year is entirely yours to keep.
Genrae's assistance doesn't increase your loan amount or add extra debt. We only profit if your home's value rises, so our interests align with yours. If your home doesn't appreciate, you owe Genrae nothing extra beyond your regular mortgage payments.
Who can use Genrae?
Genrae serves two main groups:
Homebuyers: Individuals looking to purchase a home but may need additional financial support to afford their desired property. Genrae is especially beneficial for those who might not qualify for the full mortgage needed to buy their dream home. By becoming a member of the Genrae community, homebuyers can gain access to pooled funds from investors, which helps bridge the gap between their mortgage qualification and the home price.
Accredited Investors: Investors interested in the real estate market who want to diversify their portfolios by investing in residential properties. Genrae offers a structured way for investors to potentially earn returns based on property value appreciation.
Both parties benefit from a model that aligns their incentives — homebuyers achieve homeownership, and investors get opportunities for investment growth.
What U.S. states does Genrae operate in?
Currently operating in Ohio, mainly the Columbus area comprising of the counties of: Delaware, Fairfield, Franklin, Knox, Hocking, Licking, Logan, Madison, Marion, Morrow, Perry, Pickaway and Union.
Do I need a real estate agent to buy a home using Genrae?
No you do not, but it does not preclude you from using a buyer's agent.