The Millennial Approach to Home Owning.
Tired of renting but don't want a traditional mortgage? Struggling to pay off student loans? Try Chord!
How Chord Works.

1. We Buy Together.
With as little as a 2.5% deposit, choose your ideal home and how long you think you will stay (2-7 years). Chord buys the home for you and we become co-owners of the property.

2. Build Your Equity.
You make one monthly payment. Each payment increases your share of the home. On the part that you don’t yet own, you pay rent to Chord.

3. Stay Flexible.
You can choose to extend your stay. Otherwise, you can transfer the value of your share to another property, or cash out and use the money to pay bills, like student loans.
The Numbers.
$200,000
Starter home in
Ravenswood,
Chicago, Il.
Regular Monthly Payment.

Low Down Payment and Faster Equity Building.

You build equity faster because more of your housing payment each month is going towards buying back ownership from Chord than you’d be repaying principal on a traditional mortgage.
Common Questions.
You have a few options:
- Move out and transfer your share to another Chord property. If you choose this option, we will cover closing and transaction costs.
- You can also choose to cash out of the home. Chord will pay you cash for the value of your share of the home, minus transaction costs.
- Extend your stay and buy more of the home.
- Buy the remainder of the property with a traditional mortgage, using the share of the home you've already built as the down payment.
Join the movement that's inventing progressive home ownership.



