Amora facilita a aquisição de imóveis em São Paulo, permitindo a entrada a partir de 5% e a consolidação do valor restante em três anos. A empresa gerencia a papelada, taxas e impostos iniciais, oferecendo flexibilidade para o cliente reaver parte do valor economizado se o plano mudar. Eles fornecem suporte especializado, análise jurídica e inspeção do imóvel, auxiliando na obtenção de financiamento com diversos bancos parceiros.
Funding
$11.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ELPHPAFounders
Product
Problem
Many first-time homebuyers struggle to accumulate the standard 20% down payment required by traditional mortgage lenders, delaying or preventing homeownership. This financial hurdle disproportionately affects younger individuals and those with limited savings, hindering their ability to build equity and secure long-term financial stability.
Solution
Amora offers an alternative path to homeownership by enabling buyers to purchase properties with a down payment as low as 5%. The platform manages the complexities of the home-buying process, including paperwork, inspections, and initial costs such as ITBI (property transfer tax). Amora allows users to move into their chosen property while they save the remaining funds needed to secure traditional financing, with the option to receive up to 100% of their savings back if their plans change.
Target Audience
Amora targets first-time homebuyers, particularly in the São Paulo metropolitan area, who lack the resources for a traditional 20% down payment but can afford a smaller initial investment.
Features
- Down payments starting at 5% of the property value
- Management of paperwork, taxes, and other initial costs
- Property analysis and inspection
- Legal support throughout the buying process
- Partnerships with major banks (Itaú, Santander, Bradesco) to facilitate future financing
- Option to recover up to 100% of savings if the purchase is cancelled