ZeroDown is creating a new pathway to homeownership in the San Francisco Bay Area. Homebuying isn’t just expensive here—it’s cost-prohibitive. So the majority of people end up renting, as a cheaper, but wasteful alternative.
But what if there was an option between renting and owning? That’s where ZeroDown comes in:
we buy the home you want. You move in, pay us a fixed monthly amount and build
purchase-credits represent a percentage of the home value and you earn
them over time.
disclaimers in your home each month.
Purchase-Credits represent a percentage of the home value. You earn them over time.
No, ZeroDown is not a lender and you are not getting a mortgage. Instead, you partner with ZeroDown to buy your home for you and build purchase-credits every month.
With ZeroDown, you can start building up net worth without taking on a mortgage.
A portion of your monthly payment each month goes towards building purchase-credits in your home. Any time after two years, you can buy your home from us, using the credits you've built up towards a down payment.
ZeroDown currently operates in the San Francisco Bay Area.
Not in the Bay Area? Tell us where you want ZeroDown to come next by requesting us.
ZeroDown makes money via splitting buy side commissions with our partner agents as well as the one time flat program fee of $10,000 that we charge our customers.
To apply, first sign up and qualify by linking your bank account(s) and providing proof of assets and income. This allows us to confirm your income and get a picture of your finances. We then work with you to determine your buying power.
Qualifying for ZeroDown requires only a soft credit check, which won’t ding your score.
Absolutely not. We didn’t choose the name “ZeroDown” for nothing!
When you get qualified, we ask you for a few pieces of basic information and to link us to your bank and credit card account(s), which gives us an understanding of your finances. If we happen to need any other information, we'll reach out to you.
Once you complete your qualification application, we will be in touch with you within 48 hours.
You are free to find your home however you’d like – shop online using one of the many home search engines ( install the ZeroDown plugin to know the ZeroDown offer for every home ) or work with one of our top-rated ZeroDown partner agents who live and work in the areas where you wish to live.
ZeroDown takes care of the closing costs associated with the property purchase.
We prefer that you work with one of our partner agents, whom we’ve selected for their deep knowledge of the Bay Area housing market. That said, we’re happy to partner with your agent if you’ve already been working with one and trust them.
You will be asked to pay a one-time flat program fee of $10,000 to ZeroDown, when we make an offer* to buy the home of your choice. Once our offer is accepted, we take care of all the other closing related costs of buying your home. That's it! No other costs, no hidden fees, ever!
Your monthly payment is based on the value of the home you select and will not change as long as you live in your home. This is the only payment you’ll ever make to ZeroDown and we’ll take care of property taxes and home insurance. No hidden costs, no hidden fees, ever!
No. Your monthly payment to ZeroDown is inclusive of property taxes and insurance.
Yes. That said, we'll deduct it from your account along with your monthly payment and take care of making regular payments to the homeowners association on your behalf.
As the resident and homeownership partner of the property, you are responsible for its maintenance. The same goes for any re-design or improvements that you want to make to the property. For large repairs, like roof replacements and HVAC breakdowns, ZeroDown will cover it.
You would have built 15% purchase-credits in five years. Any time after two years, you can buy the home from us, using the credits you've built up towards a down payment.
ZeroDown owns the title to the home. We are temporary custodians of the title, until you buy your home from us.
You will be leasing the home from us with an option to purchase. Once we buy the home of your choice, you enter into two agreements with us - a lease agreement and an option to purchase agreement (which gives you the first right to purchase).
Absolutely. You can make any improvements or modifications to your home as you see fit. We believe that the quality of the home and any improvement to the home contributes positively to the home value.
No, your ZeroDown home must be your primary residence, and you cannot sublet or sublease a portion or your entire home. However, you can do "hosted" short-term rentals like Airbnb in your home as long as you still occupy the house.
That’s the great thing about partnering with ZeroDown—no closing costs for you! You’ll only be responsible for costs associated with your own mortgage—simple, transparent and no surprises!