Earn Equity Faster Than with a Conventional Mortgage

Typical Mortgage

Purchase Price:  $120,000
Down Payment:  $5,000
Monthly Payoff*: $80.00
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Amount Owed after 1 year:
$114,039

RENT-TO-OWN

Purchase Price:  $120,000
Down Payment:  $5,000
Rent Credit:        $150.00
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Amount Owed after 1 year:
$113,200!

*Average based upon 8% interest

Renting-to-own your home is a great way to give yourself the time you need to qualify for a home while living in the home you plan to buy.

There are many reasons for not qualifying for a home

Don't let these reason keep you from living in your dream home TODAY!

NO CREDIT CHECK!

Renting-to-own your home does not require a credit check or lengthy bank qualifying.  However, you are expected to eventually purchase the home with a secured mortgage (after a year or two).  

HOW IT WORKS

Rent-to-own homes require a small down payment (usually less than 5%).  This payment will be credited toward the purchase price and is usually counted as down payment by mortgage companies at the time of sale.  This down payment locks in the purchase price for up to 2 years... even if home prices sharply increase!!

You will then lease the home for 1 year with a right to renew the lease for a second year (also extending your right to purchase the home for the agreed upon price).

During the rental period, you will earn more money toward the purchase price of the home.  This is called, "Rent Credit".  Rent Credit accumulates each month that you pay on time.

ADVANTAGES: