Rent to Own At A Glance

  • Rent to Own is a contract that allows a renter to purchase a home over an extended period of time.
  • An option fee is made at the start of the rental period
  • The Option Fee is 4-6% of the purchase price—depending on the property
  • A monthly rental credit is applied towards the purchase of the home.

  • All monthly lease payments and option fees are non-refundable

Qualifications

  • No bankruptcies in the last 18 months

  • No evictions within the past 3 years

  • No foreclosures within the last 30 months

  • No late payments on your credit in the last 9 months

Buyer Benefits

  • Low money down

  • Low monthly payments

  • No credit required

  • Fast Approval
  • Free credit analysis

  • Build home equity towards home ownership

  • Allows buyer to lock in purchase price