What is Rent to own?
Are you able to afford a home and make the monthly payments… but you’ve still been turned down for a mortgage loan?
We require an up-front down payment that will be applied against the purchase price when you do eventually close on the property. Generally, your down payment will be between 3-10% of the purchase price, depending on the home and your personal situation.
Other than that, a commitment to diligently work with us to convert you from a home renter to a home buyer by the end of the lease term is the most important qualification.
No, unfortunately not. It wouldn’t be fair for us to put you into a home and have you make rent payments if we know you won’t qualify to buy at the end of the rental period.
The length of the rental period is based on evaluation from our third party credit consulting agency and mortgage consultant. But usually, we can bring you to a point where you can qualify to purchase in anywhere from 12-24 months.
This program is not for anyone who wants an overnight miracle or is unwilling to put in the time and effort to fix what’s broken.
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What Expenses Can I Expect To Pay?
How Can I Get Into A Home With ZERO Money Down?
How Does The Equity Enhancement Program Work?
Credit Counsulting Services
During the course of the lease, you can use our credit consulting service we will refer you to. Whether you lease purchase one of our homes or not, you can certainly use them. They will give you a free consulting session and you can decide which course of action to take with them.