Plan ahead with upfront pricing

You'll pay a program fee to use the Homeward Offer. The program fee differs based on whether you’re selling, buying, or buying and selling.

If Homeward is purchasing your new home on your behalf, you’ll also pay a carrying cost that covers the actual interest cost of Homeward owning your property. Homeward does not make a profit from the carrying cost.

There are no upfront costs – you never pay until closing.

If you’re selling to Homeward, you’ll pay the program fee when we purchase the home. It will be deducted from your proceeds.

If you're buying a new home with Homeward, you’ll pay the program fee when you buy the home back from us. In some cases, you can roll the program fee into your mortgage.

Yes, if you are buying a new home with Homeward, you will need to make an earnest money deposit (EMD). This deposit represents your good faith to buy the home. It is not a fee. We will apply these funds as a credit to your down payment at closing.

If Homeward is purchasing your new home on your behalf, the following EMD amounts apply.

• For homes priced below $1M, we require 2% EMD
• For homes priced at $1M or more, we require 4% EMD
  
  

If you’re using a Homeward cash backup and closing with traditional financing, our EMD requirement is 1%.

Yes, there are other costs associated with buying or selling your home that are standard in any real estate transaction - such as brokerage fees and  listing costs, inspection costs, HOA fees, and taxes. These are not specific to a Homeward transaction.

No. We do not mark up the price of the home. You’ll pay the same purchase price we paid for the home plus your program fee and carrying costs when you buy back your home from us. 

No, you are not required to use Homeward Mortgage, but you get a seller or lender credit at closing when you opt to use our affiliate company as your lender.

You will be responsible for the cost of property taxes for the time we own the home.

If you are buying with Homeward, you do not need to pay a security deposit to rent your new home.

If you are selling to Homeward, you have the option of a 14-day seller leaseback. There is a leaseback deposit required, which will be returned to you after vacating the home as long as the property remains in good condition.