HOMEBOUND™

A RentEnd Mortgage Readiness Program

THIS IS NOT CREDIT REPAIR.

THIS IS MORTGAGE READINESS.

YOUR CREDIT MAY HAVE STOPPED YOUR MORTGAGE TODAY. IT DOESN'T HAVE TO STOP YOU FROM BUYING YOUR HOME.

You could potentially be mortgage-ready in as little as 2 weeks.*

$0 program service fee Personalized plan Lender re-evaluation

Why HOMEBOUND™ exists

You have the income.You’re ready to become a homeowner.

  • You have the income.
  • You’re ready to become a homeowner.
  • You may have already saved the money for your down payment.

But your lender has identified specific credit issues that need to be addressed before your mortgage can move forward.

That’s exactly why RentEnd created HOMEBOUND™.

HOMEBOUND™ is RentEnd’s mortgage-readiness program created for homebuyers who are financially ready to purchase a home but have specific credit obstacles standing between them and mortgage qualification.

Instead of simply hearing:

“Fix your credit and come back later.”

HOMEBOUND™ gives you a personalized, mortgage-focused action plan designed around the specific issues preventing your mortgage from moving forward.

And for borrowers who can complete the necessary actions quickly:

YOU COULD POTENTIALLY BE MORTGAGE-READY IN AS LITTLE AS 2 WEEKS.*

Absolutely clear

THIS IS NOT CREDIT REPAIR.WE WANT TO MAKE THAT ABSOLUTELY CLEAR.

HOMEBOUND™ is not a traditional credit-repair program.

Not this

You are not enrolling in an open-ended service designed to broadly improve your credit someday.

You came to RentEnd for one reason:

YOU WANT TO BUY A HOME.

And that’s exactly what HOMEBOUND™ is focused on.

THE OBJECTIVE ISN’T “BETTER CREDIT SOMEDAY.”
THE OBJECTIVE IS GETTING YOU MORTGAGE-READY.

Your personalized plan

NO GUESSING.A CLEAR PLAN FORWARD.

HOMEBOUND™ helps you understand exactly what needs to happen next.

Your personalized HOMEBOUND™ plan can address:

  • Collection accounts requiring resolution
  • Credit-card balances requiring attention
  • Credit utilization
  • Specific lender Credit Expert recommendations
  • Accounts and amounts that need to be addressed
  • Documentation required for lender re-evaluation

Instead of trying to figure everything out yourself, HOMEBOUND™ gives you a roadmap.

How HOMEBOUND™ works

FROM CREDIT ROADBLOCK TO MORTGAGE READYHERE’S HOW HOMEBOUND™ WORKS

Mortgage readiness Step 01 / 08

HOMEBOUND™ — A RentEnd Mortgage Readiness Program

  1. Step 01 of 08

    WE IDENTIFY WHAT’S HOLDING YOU BACK

    HOMEBOUND™ focuses on the specific credit issues affecting your mortgage readiness.

    You know what needs attention and what needs to happen next.

  2. Step 02 of 08

    WE BUILD YOUR PERSONAL HOMEBOUND™ PLAN

    You receive an individualized mortgage-readiness strategy identifying the accounts and actions that need to be addressed.

  3. Step 03 of 08

    WE HELP NEGOTIATE QUALIFYING COLLECTIONS

    With your authorization and subject to applicable requirements, HOMEBOUND™ helps communicate with applicable creditors, collectors and debt holders to seek legitimate and favorable resolution options.

  4. Step 04 of 08

    YOU RECEIVE YOUR FINAL ACTION PLAN

    You know the negotiated or confirmed amounts, which qualifying accounts need to be resolved, the recommended payment sequence and your expected timeline.

  5. Step 05 of 08

    YOU TAKE ACTION

    You complete the required actions and resolve the applicable accounts.

    The faster you can complete your required actions, the faster your HOMEBOUND™ journey can move.

  6. Step 06 of 08

    WE HELP COORDINATE YOUR DOCUMENTATION

    Available settlement letters, payoff confirmations and receipts are coordinated for lender review.

  7. Step 07 of 08

    YOUR LENDER CAN REQUEST A RAPID RE-SCORE

    Once the required actions and documentation are completed, your lender determines whether to request a Rapid Re-Score through its authorized credit-reporting provider.

  8. Step 08 of 08

    YOUR LENDER RE-EVALUATES YOUR MORTGAGE

    Your lender evaluates your updated credit and overall financial profile to determine your mortgage eligibility and updated purchasing power.

AND FOR BORROWERS WHO CAN COMPLETE THE NECESSARY ACTIONS QUICKLY, YOU COULD POTENTIALLY BE MORTGAGE-READY IN AS LITTLE AS 2 WEEKS.*

Down-payment advantage

NOW FOR ONE OF THE BIGGEST HOMEBOUND™ ADVANTAGES.WHAT HAPPENS TO YOUR DOWN-PAYMENT MONEY IF YOU NEED TO USE IT TO PAY YOUR COLLECTIONS?

Imagine you’ve worked hard and saved thousands of dollars to buy your home.

Then you learn that qualifying collections need to be resolved before your mortgage can move forward.

Naturally, your first question may be:

“IF I USE MY DOWN-PAYMENT MONEY TO PAY MY COLLECTIONS, WHAT HAPPENS TO MY DOWN PAYMENT?”

HOMEBOUND™ HELPS YOU SOLVE BOTH PROBLEMS.

For eligible borrowers, HOMEBOUND™ contributes eligible funds toward your required down payment based on qualifying collections successfully resolved through your approved HOMEBOUND™ plan.*

That means you can use your existing down-payment savings to address the qualifying collections standing between you and mortgage readiness.

Here’s an easy example

Imagine you have already saved:

$20,000

FOR YOUR HOME

Your approved HOMEBOUND™ plan identifies:

$8,000

IN QUALIFYING COLLECTIONS TO RESOLVE

Down-payment restoration Stage 01 / 04
Stage 01 / 04

Stage 01 · Resolve

  1. YOUR MONEY RESOLVES THE COLLECTIONS.

    You use $8,000 of your existing savings to successfully resolve those qualifying collections.

  2. HOMEBOUND™ HELPS FUND YOUR DOWN PAYMENT.*

    For an eligible borrower: HOMEBOUND™ CONTRIBUTES $8,000 TOWARD YOUR ELIGIBLE DOWN PAYMENT.*

  3. YOU REMOVE THE CREDIT OBSTACLES.

    Think about what just happened. You didn’t simply spend $8,000 on old collections and lose your opportunity to buy a home. YOU USED THAT $8,000 TO REMOVE THE CREDIT OBSTACLES HOLDING BACK YOUR MORTGAGE.

  4. YOUR LENDER GETS ANOTHER OPPORTUNITY TO QUALIFY YOU.

    And HOMEBOUND™ helps restore your down-payment power by contributing eligible funds toward your required down payment.

RESOLVE THE COLLECTIONS. RESTORE YOUR DOWN-PAYMENT POWER. GET MORTGAGE-READY. MOVE TOWARD YOUR HOME.

Strategic use of your funds

MAKE THE MONEY YOU ALREADY SAVED WORK SMARTER.

HOMEBOUND™ helps eligible borrowers use their available funds strategically.

Instead of keeping every dollar untouched for a down payment while unresolved collections continue preventing your mortgage from moving forward, you can use existing funds to address the qualifying credit obstacles.

HOMEBOUND™ then helps fund your eligible down payment.*

That helps preserve more of your remaining money for other needs associated with becoming a homeowner, subject to the requirements of your mortgage transaction.

Your remaining funds could potentially be available for things such as closing costs, prepaid expenses, required reserves, moving expenses, other eligible home-purchase expenses, or simply keeping more of your own money available.

And there’s another HOMEBOUND™ advantage

QUALIFYING CREDIT-CARD PAYDOWN ASSISTANCE

Credit utilization

LOWER BALANCES.

LOWER CREDIT UTILIZATION.

A STRONGER MORTGAGE-READINESS STRATEGY.

Collections aren’t always the only obstacle.

Sometimes you’re making your credit-card payments on time, but the balances themselves are affecting your credit utilization and mortgage-readiness strategy.

For borrowers who qualify under an available special program, eligible credit-card paydown assistance can be provided in connection with closing.*

Program service fee

HOW MUCH DOES HOMEBOUND™ COST YOU?

$0

ZERO HOMEBOUND™ PROGRAM SERVICE FEE TO THE BORROWER.

That’s right.

$0 PROGRAM SERVICE FEE.

  • HOMEBOUND™ helps identify the obstacles.
  • HOMEBOUND™ gives you your personalized action plan.
  • HOMEBOUND™ helps coordinate applicable collection negotiations.
  • HOMEBOUND™ helps organize available documentation for lender review.

Your lender then evaluates your updated financial and credit profile and makes the mortgage qualification decision.

The timeline

IMAGINE WHERE YOU COULD BE TWO WEEKS FROM NOW.

  1. TODAY

    A collection, balance or other specific credit issue may be preventing your mortgage from moving forward.

  2. HOMEBOUND™

    We identify the obstacles and create your personalized mortgage-readiness plan.

  3. YOU TAKE ACTION

    You resolve the qualifying accounts and complete the necessary actions.

  4. DOCUMENT & RE-SCORE

    The applicable documentation is prepared for lender review, and your lender determines whether to request a Rapid Re-Score.

  5. MORTGAGE RE-EVALUATION

    Your lender reviews your updated credit and financial profile.

  6. POTENTIALLY MORTGAGE-READY IN AS LITTLE AS 2 WEEKS.*

You don’t necessarily have to accept: “Come back in six months.”

You don’t necessarily have to accept: “Try again next year.”

And you don’t have to confuse HOMEBOUND™ with traditional credit repair.

THIS IS NOT CREDIT REPAIR.
THIS IS HOMEBOUND™.
A RENTEND MORTGAGE READINESS PROGRAM.

Eight reasons

THE HOMEBOUND™ ADVANTAGE

  • 01

    MORTGAGE-FOCUSED

    HOMEBOUND™ focuses on the specific credit obstacles affecting your mortgage readiness.

  • 02

    PERSONALIZED

    Your HOMEBOUND™ strategy is built around your individual situation and the issues identified in connection with your mortgage.

  • 03

    COLLECTION NEGOTIATION ASSISTANCE

    HOMEBOUND™ helps pursue legitimate resolution options for applicable qualifying collection accounts.

  • 04

    DOWN-PAYMENT CONTRIBUTION

    For eligible borrowers, HOMEBOUND™ contributes eligible funds toward the required down payment based on qualifying collections successfully resolved through the approved HOMEBOUND™ plan.*

  • 05

    CREDIT-CARD PAYDOWN OPPORTUNITIES

    Eligible borrowers can access applicable assistance for qualifying balances when available.*

  • 06

    RAPID RE-SCORE PATHWAY

    After the required actions and documentation are completed, your lender determines whether a Rapid Re-Score is appropriate.

  • 07

    FAST

    Borrowers who can immediately complete the necessary actions could potentially become mortgage-ready in as little as 2 weeks.*

  • 08

    $0 PROGRAM SERVICE FEE

    Your HOMEBOUND™ program service fee:

    $0

YOU DIDN’T COME HERE BECAUSE YOU WANTED CREDIT REPAIR.YOU CAME HERE BECAUSE YOU WANT A HOME.

  • You worked for it.
  • You saved for it.
  • You’re ready for it.

A credit obstacle today doesn’t have to define what happens next.

It means there’s an obstacle between where you are today and where you want to be.

HOMEBOUND™ HELPS YOU BUILD THE PATH FORWARD.

HOMEBOUND™

A RentEnd Mortgage Readiness Program

THIS IS NOT CREDIT REPAIR.

THIS IS MORTGAGE READINESS.

Resolve What’s Holding You Back. Restore Your Down-Payment Power. Get Mortgage-Ready. Move Forward Toward Your Home.

READY TO START YOUR HOMEBOUND™ JOURNEY?

You’ve already taken the first step by deciding that homeownership is where you want to go.

Now find out what it takes to get there.

TAP HERE TO START YOUR HOMEBOUND™ JOURNEY

HOMEBOUND™ — A RENTEND MORTGAGE READINESS PROGRAM
RentEnd — Your Rent Becomes Your Home.

HOMEBOUND™ — A RentEnd Mortgage Readiness Program

REQUEST YOUR HOMEBOUND™ REVIEW

THIS IS NOT CREDIT REPAIR.
THIS IS MORTGAGE READINESS.

Your credit may have stopped your mortgage today. It doesn’t have to stop you from buying your home.

HOMEBOUND™ helps identify the specific credit obstacles standing between you and mortgage readiness, creates a personalized action plan, and helps you take the steps necessary to get your mortgage back on track.

For borrowers who can complete the necessary actions quickly, you could potentially be mortgage-ready in as little as 2 weeks.*

Complete the short form below to start your HOMEBOUND™ journey.

$0 HOMEBOUND™ PROGRAM SERVICE FEE TO THE BORROWER

Step 1 of 9 Takes about 3 minutes

Tell us about you

Preferred Language
How would you prefer that we contact you?

Tell us about your homeownership goal

Are you currently trying to purchase a home?
Have you already applied for a mortgage?

Let’s identify what’s holding you back

Do you currently have collection accounts that you believe need to be resolved?
Do you have credit cards with balances that could be affecting your mortgage qualification?
Do you know your approximate credit score?

Have you already saved money for your home?

THIS IS AN IMPORTANT PART OF YOUR HOMEBOUND™ REVIEW.

If qualifying collections are preventing your mortgage from moving forward, HOMEBOUND™ helps eligible borrowers strategically use existing funds to resolve those obstacles while accessing eligible HOMEBOUND™ down-payment contributions.*

YOUR MONEY RESOLVES THE COLLECTIONS.
HOMEBOUND™ HELPS FUND YOUR DOWN PAYMENT.*

Do you currently have money available that you could use to resolve qualifying collections if doing so helps you become mortgage-ready?
Approximately how much do you currently have available toward your home purchase?

How quickly are you ready to move?

HOMEBOUND™ is designed to move quickly when borrowers can complete the required actions.

YOU COULD POTENTIALLY BE MORTGAGE-READY IN AS LITTLE AS 2 WEEKS.*

If your HOMEBOUND™ plan identifies collections or balances that need to be resolved, when would you be prepared to take action?

Tell us about your lender

Your lender or Loan Officer is an important part of your HOMEBOUND™ journey.

Providing their information helps HOMEBOUND™ understand the mortgage-readiness requirements they have identified and coordinate the appropriate next steps.

Are you currently working with a lender or Loan Officer?

Tell us about your Realtor

Are you currently working with a Realtor or real estate agent?

Your Realtor is part of your homebuying team. Providing this information helps HOMEBOUND™ coordinate your mortgage-readiness journey with the professionals already helping you move toward homeownership.

Do you have your lender’s credit recommendations?

If your lender or Loan Officer has already provided you with a Credit Expert report, mortgage credit action plan, denial explanation, or list of accounts that need to be addressed, providing that information helps HOMEBOUND™ understand exactly what is preventing your mortgage from moving forward.

Do you have any of these documents available?

Tell us anything else we should know

Authorization & consent

YOU’RE ALMOST THERE.

Please review and confirm the following before submitting your HOMEBOUND™ request:

Electronic signature

Typing your full legal name serves as your electronic signature.

YOU’VE TAKEN THE FIRST STEP.

You don’t need to figure this out alone.

  • HOMEBOUND™ identifies the obstacles.
  • HOMEBOUND™ gives you a personalized mortgage-readiness plan.
  • HOMEBOUND™ helps coordinate applicable collection negotiations.
  • You take the required actions.
  • Your lender gets another opportunity to evaluate you for mortgage qualification.

THIS IS NOT CREDIT REPAIR.
THIS IS MORTGAGE READINESS.
THIS IS HOMEBOUND™.
A RentEnd Mortgage Readiness Program

READY TO START YOUR HOMEBOUND™ JOURNEY?

By submitting this form, you agree to be contacted by RentEnd by phone, text message, or email regarding your request. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out or HELP for help. Consent is not a condition of purchase.

Important Program Information

The two-week timeframe represents an accelerated potential timeline for borrowers who can immediately complete all required credit actions and whose applicable creditors, credit-reporting providers, and lender complete the necessary documentation, reporting, re-scoring, and mortgage re-evaluation within that timeframe. Individual circumstances and timelines vary.

HOMEBOUND™ is a mortgage-readiness program and is not represented as a traditional credit-repair service. HOMEBOUND™ does not guarantee a specific credit-score increase, deletion of accurate credit information, mortgage qualification, mortgage approval, loan terms, purchasing power, down-payment contribution, or successful closing. Mortgage underwriting and qualification decisions remain exclusively with the applicable lender.

HOMEBOUND™ down-payment contributions, credit-card paydown assistance, and other program benefits are available only to eligible borrowers and remain subject to applicable mortgage, transaction, and program requirements and limits. Contributions are not cash reimbursements paid directly to the borrower.

Important Program Information

The two-week timeframe represents an accelerated potential timeline for borrowers who can immediately complete all required credit actions and whose applicable creditors, credit-reporting providers and lender complete the necessary documentation, reporting, re-scoring and mortgage re-evaluation within that timeframe. Individual circumstances and timelines vary. HOMEBOUND™ does not guarantee a specific completion date.

HOMEBOUND™ is a mortgage-readiness program and is not represented as a traditional credit-repair service. HOMEBOUND™ does not guarantee a specific credit-score increase, deletion of accurate credit information, mortgage qualification, mortgage approval, loan terms, purchasing power or successful closing. Credit scores are determined independently by consumer reporting agencies and scoring models. Mortgage underwriting and qualification decisions remain exclusively with the applicable lender.

HOMEBOUND™ down-payment contributions and credit-card paydown assistance are available to eligible borrowers and are subject to applicable mortgage, transaction and program requirements and limits. Contributions are not cash reimbursements paid directly to the borrower. Actual contribution amounts and permitted uses depend upon the applicable transaction and financing structure.