Ready Life Teams Up With National Apartment Owner-Operator To Launch Fintech Platform To Help Tenants Become Home Owners
American Landmark is the first multifamily real estate company to offer the Ready Life line of products to its residents, allowing them to qualify for a mortgage based on spending habits rather than credit scores.
TAMPA, Fla. and SALT LAKE CITY, 10 August 2022 /PRNewswire/ — Ready Life, the new fintech platform disrupting the mortgage industry, has announced a partnership with Tampa based American Landmark Apartments, one of the largest multifamily owners in the country, to create a new path to home ownership for underrepresented homebuyers and help close the wealth gap in the US
Founded by Ashley D. Bella business economics attorney and a former White House policy adviser on entrepreneurship and innovation, along with Dr. Bernice A. Kingthe daughter of the late Dr. Martin Luther King, Jr., Ready Life is a pioneering a revolutionary mortgage model that relies on good rental payment history to qualify buyers for home purchases. Consumers who pay their rent on time with the Ready Pay Debit Card will qualify for home loans without a credit score.
American Landmark, which owns hundreds of multifamily communities across the United States, will make the Ready Life platform available to its approximately 34,000 resident customers. To celebrate the partnership, American Landmark and Ready Life are donating 1,000 tickets to high school and college students to attend the annual HBCU Orange Blossom Classic at September 4 in Miamiof which Ready Life is the presenting sponsor on ESPN.
“There are over 17 million renters in America who could potentially buy their own home, but the current credit scoring system presents more obstacles than roads,” says Ready Life’s founder and CEO. Ashley D. Bell. “Once we hit our stride, the Ready Life platform will completely revolutionize the U.S. mortgage system by shifting away from credit scoring models and replacing the system with one that focuses on repayment ability. We are excited to partner with American Landmark to provide a clear path that helps renters across the country in achieving the dream of home ownership.”
Joe Lubeck, CEO of American Landmark believes that the partnership with Ready Life is a clear added value for their residents. “American Landmark is honored to introduce our residents to an innovative new path to home ownership through Ready Life,” says Lubeck. “Ready Life is the market leader in creating significant generational wealth building opportunities through its payment systems and no credit score mortgages. Families who begin their journey with us in an apartment can continue their journey toward home ownership through Ready Life. That’s the American Dream, and it is cause for celebration.”
Ready Life is the presenting sponsor of the Orange Blossom Classic (OBC), featuring HBCU football and marching band powerhouses Florida A&M University Rattlers, and Jackson State University Tigers. This historic game has long been considered the national championship for HBCUs—and to make it possible for young students of color to participate this year—American Landmark and Ready Life have teamed up to purchase 1,000 tickets for high school and college students. Tickets will be distributed exclusively by community stakeholders, local leaders and the alumni associations of the two universities.
ABOUT AMERICAN LANDMARK APARTMENTS
American Landmark Apartments is one of the fastest growing multifamily owner-operators in the the United States and ranks as No. 35 on the National Multifamily Housing Council’s list of the top apartment owners in the country with approximately 34,000 apartment units in the portfolio. Located in Tampa, FloridaAmerican Landmark specializes in the acquisition and management of value-adding multifamily properties located in high-growth markets throughout the Sunbelt, including Arizona, Georgia, Florida, North Carolina, South Carolina, Tennessee and Texas. American Landmark is committed to delivering great service and exceptional living environments to residents and delivering consistent, attractive risk-adjusted returns to investors and partners. For more information, please visit www.alapts.com.
ABOUT CLEAR LIFE
Ready Life is an innovative fintech platform with a range of financial tools that empower individuals to create and preserve generational wealth. With Ready Life Mortgage, customers who pay their rent on time using the Ready Pay digital account can qualify for a home loan – no credit score required. Ready Life’s products and services empower those underserved by current economic systems and empower individuals to improve their lives through everyday actions. Ready Life is founded by former White House policy advisor for entrepreneurship and innovation and corporate finance attorney, Ashley D. Bell – along with Dr. Bernice King – the daughter of the late Dr. Martin Luther King, Jr. Visit www.readylife.com to register and secure a place in line to apply for a Ready Life account that can lead to home ownership.
Consult:
Lola Kress | [email protected]770-767-3799
Melinda Sherwood | [email protected]
SOURCE Ready Finance, Inc.