Pioneering the use of future propensity modeling – rather than current ability – to obtain a mortgage, HALO has achieved industry-leading success in turning renters into owners. This significant funding round will allow leading real estate and mortgage professionals to increase access for thousands of aspiring homeowners.
updated: Aug 25, 2021 10:54 EDT
ESSEX VILLAGE, Conn.,
August 25, 2021 (Newswire.com) –
HALO, the Home Access Lease Opportunity, and Churchill Real Estate announced today a $450m funding facility to expand HALO’s SFR2O™ (Single-Family Rent-to-Own) platform across the U.S. The funding round includes new equity from existing HALO investors and new debt from Churchill Real Estate.
“Having spent five years building what has become the most successful residential Rent-to-Own program in the country – as measured by tenant…