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Jamie had been consistently paying rent for years, and through Nido’s innovative rewards program, those payments accrued $6,881 in rewards. These weren’t just savings; they were a direct investment in Jamie’s future home.
But the Nido team didn’t stop there. Recognizing the potential for additional assistance, our experts scoured through numerous grant programs, identifying one that Jamie qualified for, which offered $11,224.25 towards the home purchase.
"...the combined power of Nido rewards and the grant meant that Jamie’s out-of-pocket closing costs were remarkably low..."
When the time came to close on a $230,000 condo, the combined power of Nido rewards and the grant meant that Jamie’s out-of-pocket closing costs were remarkably low, at just $1,856.88. This strategic financial leveraging opened the door to homeownership for Jamie, making the seemingly impossible, possible.
Jamie’s case is a testament to Nido’s commitment to empowering renters. It illustrates how our approach to turning rent into equity, coupled with our expertise in grants, can dramatically reduce the barriers to buying a home.
The Nido team celebrates each milestone with our clients, and Jamie’s closing day was a victory for us all. It’s success stories like these that drive us to continuously innovate and support our clients’ journeys from tenancy to homeownership.
Are you ready to begin your journey to homeownership? Download the Nido app today, earning rewards towards your future home one rent payment at a time.
Download the Nido app today and start earning rewards toward your future home – one rent payment at a time.
Sign up with Nido to simplify property management, improve your financial outlook, and enjoy happier tenants.