Our program
GoodRoots® is changing the rules of homeownership with our new Shared Equity Lease.
The GoodRoots® Shared Equity Lease is a new kind of shared equity agreement designed to unlock homeownership in high-cost housing markets. It lets you build Shared Equity in the home while you rent so you can grow into your down payment gradually.
Maintenance support
Shared Equity
Expert guidance
No down payment required
Move in now, purchase later. Don’t let a down payment keep you out of the perfect home.
Build equity while you rent
You'll earn Shared Equity every month, adding up to a 20% down payment after 10 years, guaranteed.
You’re in control
Get the peace of mind you deserve. The house is all yours, at a fixed monthly payment, for up to 10 years.
Buy or move when you’re ready
Buy us out, rollover your Shared Equity into a new home, or cash out - the choice is always yours.
How it works
Start your journey
First, we take the time to understand your goals and provide you with a homebuying budget to fit your unique needs.
Find your dream home
Once you’ve chosen your home, we’ll buy it for you and make any necessary upgrades while you prepare for your move.
Grow into ownership
Settle in and buy Shared Equity with every monthly payment. Your Shared Equity adds up to a 20% down payment over 10 years.
GoodRoots® also provides professional home care services and financial planning tools to make ownership hassle-free.
Make it official
When you’re ready to buy, use your Shared Equity to fund your down payment. We'll help you every step of the way.
If the home isn't a fit, you can rollover your Shared Equity into a new home or cash out and walk away.
The benefits of homeownership
at a fraction of the cost.
JM
Resident since 2024
Bothell
Our family was ready for our first home, but not a mortgage. GoodRoots gave us a smarter way to bridge the gap to homeownership.
DP
Resident since 2023
Maple Valley
This program makes you feel like you’re more than just a tenant—you feel like you’re part of something."
Frequently asked questions
What is a GoodRoots Shared Equity Lease?
The GoodRoots® Shared Equity Lease is a new kind of shared equity agreement that gives you shared appreciation rights in the home (called Shared Equity Rights) while you rent. When you choose a Shared Equity Lease instead of a mortgage, we buy the home on your behalf and hold onto the deed until you’re ready to buy. Along the way, you’ll make fixed monthly payments to add to your Shared Equity, adding up to a 20% down payment over 10 years.
Your Shared Equity grows with the value of the home, so you can build wealth and lock in your future home purchase one payment at a time without worrying about rising home prices.
GoodRoots created this new model to unlock homeownership in high-cost housing markets. We combined the benefits of owning (long term control, fixed payments, wealth accumulation) with the best of renting (flexibility, low cost) to re-imagine the typical path to first-time homeownership.
We believe Shared Equity is the future of first-time homeownership, letting you put down roots today and grow into homeownership over time. Read more about our mission here.
Who owns the home?
GoodRoots owns the home while you build Shared Equity gradually over time. It’s lower cost, less risky, and more flexible than a low-money-down mortgage. Use our calculator to see how much you could save.
What is my monthly payment?
Your fixed payment includes Shared Equity and Rent. These costs stay flat for 10 years.
Your Shared Equity payments add up to at least 20% for a down payment by the end of 10 years, guaranteed! So on average, you’ll purchase roughly 2% of the home’s value each year. The specific amount of your Shared Equity payment depends on how much Shared Equity you purchase upfront (if any), the value of the home, and other local market conditions.
Your Rent will be much lower than typical rents for similar properties, since you’ll be covering the costs of repairs, property taxes and insurance.
Use our calculator to see what your monthly payment could be.
What happens after 10 years?
You can take full ownership, rollover your Shared Equity into another GoodRoots home, or cash out and walk away.
After 10 years with GoodRoots, your Shared Equity is guaranteed to add up to at least 20% of the home’s value, so you can rest easy knowing your future down payment is fully covered.
