Rent-To-Own, which is also known as a Lease Option Agreement, is a program that provides an opportunity for families or individuals who want to purchase a home but are unable to qualify for traditional borrowing due to factors such as bad or no credit and/or insufficient down payment.
Once a candidate submits their information through our eligibility criteria, we schedule a call with them to identify the obstacles that have hindered their ability to purchase a home through traditional means. Once we determine if we can address these issues, we will develop a proposal for a rent-to-own program. At this point, you can decide whether or not to proceed with the program.
If you choose to participate in the program, we will assign you to one of our trusted realtor partners and begin the process of searching for your future dream home!
Rent-to-own programs can be a great option for people who are new to the country and may not have established credit or a sufficient down payment to qualify for traditional lending.
If you're interested in purchasing a home through our Rent-To-Own program, you may be wondering about the down payment requirements. Our program typically requires a down payment of 5% or more, which can be more affordable than traditional lending options.
Improving your credit score is an important step towards achieving financial stability and homeownership. At our Rent-To-Own program, we're committed to helping people who are willing to help themselves.
Rent-To-Own programs can be a great option for people who are self-employed and may have difficulty qualifying for traditional lending due to irregular or variable income.
People who are denied a traditional mortgage may want to consider applying for a Rent-to-Own (RTO) agreement because it can provide them with an alternative path to homeownership.
If you are interested in locking down a property in an upward trending market and finally make homeownership affordable, click the link below to get started.
Rent-To-Own can be a good option for those who are unable to afford a large upfront payment for a home or other expensive item. It allows individuals to make monthly rental payments while also putting some of that money towards the eventual purchase of the property. This can be especially beneficial for those with less-than-perfect credit, as it provides an opportunity to improve their credit score over time while also working towards owning a property. Additionally, rent-to-own agreements can offer more flexibility than traditional mortgage loans, as they may allow for easier termination of the agreement if circumstances change. Overall, Rent-To-Own can be a good option for those who are unable to afford a large down payment upfront or have difficulty qualifying for a traditional mortgage.
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