BUY A HOME

The primary things we look at are your household income, your credit score, the amount of money you have for a down payment, and your overall motivation to become a home owner. 

The required down payment will be 3%-10% of the purchase price and will be applied toward the final purchase once you are ready to buy the property.  The more you can put down the better your chances to be selected.

A low credit score will not automatically disqualify you, however, we would need to know more about the cause of it.

We are happy to speak with you about your situation prior to you filling out the Buyer Inquiry Form.

No. The down payment is not refundable, but it will be applied toward the final purchase.  Buyers willing to put down a non-refundable deposit have a high commitment level to become mortgage ready.

We recommend all buyers thoroughly inspect the home prior to purchasing to reduce the chances of an unexpected surprise during the rent to own period.

No, unfortunately not.  But think of it this way, you would still be paying rent if you live in another location.

Most of our tenant buyers appreciate having this time to make the house their own while taking the steps to become mortgage ready.

In most cases it will take 12-24 months.   Should you go through the application process, we will have a much better idea given your specific criteria.

This is an extremely rare occurance, as approximately 95% of our clients complete their purchase.  This generally would not come as a surprise as tenant buyers who stay consistent on their payments will complete their mortgage ready plan.  

In the event we see a small amount of additional time could get someone over the hump to qualify for a mortgage, there are times a small extension could be possible.

The rent to own program is for individuals that have had a difficult time getting approved for traditional financing.  Additionally these individuals need to be committed to staying on a diligent path toward becoming mortgage ready.

The program can also be for folks looking to save more money for a down payment in order to improve their mortgage terms, or also for individuals that need a period of "seasoning" in the eyes of a lender.  

Anyone that is looking for a quick fix and not willing to put the time and effort into becoming mortgage ready.

If you have not already, please watch the above videos to get a better understanding of how the rent to own process works.  Then fill out the Buyer Inquiry Form under the Contact Us heading of the website.  One of our team members will contact you to have a preliminary conversation to determine if you seem like a likely candidate for the program.  If so, there will be a $50 non-refundable application that will need to be completed.