If you are like the vast majority of homebuyers, you will need a mortgage in order to finance the purchase of your home. That means you will need to have good credit scores and enough cash for a large down payment in order to qualify for the mortgage. That being stated, if you do not have good credit score and or a large down payment, there is another way to buy a home of your own.
Under our Rent To Own/Lease Option Agreement Program you can actually rent the house for a specific period of time with the option to purchase the property by or before the end of the lease. You will be required to pay a non-refundable upfront fee, called an option fee, that ranges anywhere from 3-10% of the purchase price. When you purchase the property the option fee will be applied towards your down payment.
If you need to fix your credit in order to qualify for a mortgage, the rental period is the perfect time to do it. We can refer you to a professional credit repair agent or you can choose one on your own.