Any homebuyer who is pre-approved for a qualifying mortgage through Home First Financial and can contribute at least 10% of the home’s purchase price from their own funds is eligible for the program.

Crib Equity charges a one-time program administration fee that covers the setup and ongoing support of your shared purchase agreement. You have two payment options: • Deferred Payment: Pay a 2% fee based on your home’s original purchase price when you sell or refinance. • Upfront Payment: Pay just 1% at closing and receive a discounted rate. The fee is always based on your purchase price—never the future value of your home—so it doesn’t grow over time.

You are. You remain responsible for the mortgage and all expenses related to the home, just as you would in a traditional home purchase. You live in the home, make updates or improvements, and decide when to sell or refinance. Crib Equity simply helps lower your upfront costs and supports your path to homeownership.

Ownership share is determined at the time of purchase, based on each party's contribution to the total down payment and approved closing costs. The share of the home's equity for both you and the investor is directly in proportion to the total down payment and closing costs contributed by each party. You are able to choose the amount of Crib Equity's investment, up to the limit stated in your commitment letter. To help you explore different options, you can use our pricing calculator to see how Crib Equity's investment impacts the home price you can afford, your monthly payments, and your potential returns when you sell.