Arrive Home introduces new versions of its Earned Equity Program
Briefly

The EEP Pathway program launched in 2023 offers a path to homeownership for ITIN holders and visa-status individuals, enabling long-term renters to transition into homeowners without needing a Social Security number or FICO score. EEP DocLight targets gig economy workers and first-time homebuyers, focusing on asset-based evaluations instead of traditional credit scores. This bifurcation aims to broaden access for diverse borrowers, fostering homeownership dreams while allowing time for potential buyers to improve their credit standing throughout the terms of a 40-year amortization agreement.
EEP Pathway is specifically designed for ITIN holders and certain visa-status individuals, allowing flexible homeownership paths without traditional credit requirements.
EEP DocLight targets gig economy workers and first-time homebuyers, using asset-based risk models to facilitate access to mortgages.
Read at www.housingwire.com
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