What does Roots Homes do?

Roots Homes is a Las Vegas-based real estate startup founded in 2022 by Lauren Self. The company specializes in making homeownership accessible for Millennials and Gen Z through innovative solutions like assumable mortgages and fractional ownership models. As the leading marketplace for assumable mortgages, Roots Homes connects homebuyers with sellers who have low-interest loans from 2020 to 2023, helping buyers save significantly over the life of the loan. The company offers a seamless process that includes pre-qualifying buyers, matching them with homes that have assumable loans, and providing transaction support with a 45-day closing guarantee. Roots Homes also facilitates fractional ownership, allowing renters to build equity through monthly payments as they work towards full ownership. Operating in states like Texas and California, Roots Homes aims to lower entry barriers for homebuyers while providing brokerage services to streamline the home buying experience.