Make Home Ownership a Reality
When traditional funding fails, try our lease option program.
What is a Lease Option?
Also known as Rent to Own, a Lease Option is a creative finance solution that allows you to get into the home you want now. Your home is secured by an investor, you lease the home while you get your finances aligned with traditional mortgage guidelines, and you buy the home at the end of the option period (usually 2-3 years).
Who Can Lease Options Help?
Anyone who is making a comeback from a financial setback
– Credit issues
– Divorce
– Self-employed without established income
– Insufficient down payment
– Bankruptcy
– No credit history
What are the Benefits of a Lease Option?
– Secure the home you want now
– Move in and make it your own
– Repair insufficient or bad credit history
– Guaranteed right to purchase at the end of the option term
What do you pay?
– Non Refundable Option Consideration fee – credited toward the future purchase price
– Security Deposit – returned upon end of lease
– Monthly rent – recorded for the bank as proof of your financial credibility
– Renters insurance (content insurance)
– Utilities, home maintenance and repairs: It is after all, your home. We’re just securing the loan until you qualify for traditional financing
What part do we play?
– Connect you with realtors to find the home you want
– Work with mortgage lenders to identify the purchase price point you will qualify for after repairing your financial roadblocks
– We pay mortgage and home insurance payments
– Build a financial plan to ensure you qualify for traditional financing at the end of the term