co-owner guide
everything you need to know.
A complete guide to co-ownership through Rhome. What it is, how it works, what you pay, and how you are protected.
what co-ownership is
real ownership, shared
2 to 4 people purchase a home together through Rhome. Each person holds a defined equity interest in a dedicated ownership structure. You are on the deed. You build equity. You live as a primary resident.
Learn what co-ownership is →how it is structured
the ownership structure
Every Rhome home is held in its own ownership entity. Rhome administers the structure. Co-owners hold equity interests weighted by bedroom allocation. The structure provides legal clarity, asset protection, and estate planning benefits.
How the structure works →how you qualify
independent underwriting
Each co-owner is independently underwritten. Your credit score, income, and financial profile are evaluated individually. One person's qualifications do not affect another's. FHA financing with 3.5% down payment, split among all co-owners.
See qualification details →what you pay
your monthly costs
Your share of the mortgage (principal, interest, tax, insurance) plus the $95/mo Rhome governance fee. That is it. Your share is proportional to your bedroom allocation. All expenses are consolidated into a single monthly payment.
Full cost breakdown →how you are protected
governance and protection
Every co-owner signs a governance agreement before closing. It covers expenses, repairs, reserves, dispute resolution, and exit terms. Co-owner default protection ensures one person's missed payment does not affect your credit or equity.
What the agreement covers →how you exit
defined from day one
A co-owner may sell their interest. Active duty military may use the Rhome swap marketplace to transfer to another Rhome home. Exits are clean, documented, and legally defined in the governance agreement before you close.
Exit strategies explained →Ready to see it in action? Browse homes and run the math.