TechCenter

Proptech Firm Rook Capital Offers Help With Home Down Payments

The company takes a share of equity in return for aid.

Proptech firm Rook Capital announced that it was partnering with brokerage Keller Williams Northern Colorado and FirstBank to provide a shared equity home purchase approach in Colorado.

The concept is that many people can’t afford to purchase a house, often because they lack sufficient funds for a down payment. Rook offers an investment partnership in the form of a loan that can run from $50,000 to $350,000, based on home value, creditworthiness, and current equity.

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Erik Sherman

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