The Most Frequently Asked Questions

I Want The House And Want To Live Here, How Do I Reserve It?
All we would need is your application and a deposit to hold the house.We will then contact you within 24-48 hours once we verify income and employment.Please keep in mind that our homes sell quickly so time is of the essence.So far 100% get approved.If you have additional questions or would like to reserve the home, please contact us today!

What Is Rent-To-Own Housing?
Rent-to-own (also called lease/option, and/or lease purchase) refers to a contractual arrangement between the tenant and landlord whereby the tenant rents the property, much like any rental arrangement you have had.The difference is that the tenant also has the guaranteed right or option to buy the property at an agreed upon price sometime during the rental period.This is kind of like a “rain check” at a department store.While the tenant has the option to buy the property, he/she does not have to buy it.The landlord must sell the property to the tenant at the agreed upon price, if the tenant so chooses.

How Does Your Financing Work?
We offer owner financing where we can sell you the home without you having to qualify at a bank.

How Much Of A Down Payment Do I Need?
We are very flexible with down payment.Many times we start out with about 3-5% down plus the first month’s payment.We can offer you many options and we will always do our best to work with whatever funds you have available.You can even start out on a lease-option and then move to owner financing at a later date when you have the additional money.

Do You Offer Down Payment Assistance Programs?
Yes we do! A lot of times if you are a bit short on down payment, but have some money to work with, we can set up a monthly payment plan spread out over 6-12 months.We also will consider anything of value on trade on a case by case basis.Examples include homes, cars, jewelry, etc OR if your credit is good to fair we may be able to get you a mortgage with no down payment required.

What Other Methods Of Down Payments Are Accepted?
We accept credit cards.You may also be eligible to withdraw or borrow from your retirement plan (401(k), IRA, etc) to purchase a home without penalties.We also accept gift funds from family, friends, and an employer.

How Does Your Rent-To-Own Program Work?
We can rent you the home with the exclusive right to purchase it at a later date.Our buyers love it because it gives them time to save up for a larger down payment; time to clean up past credit problems, time to sell another home, and also time to try out the neighborhood before buying. 100% of your option fee/down payment is credited towards the purchase price of the home, plus you’ll receive a partial credit towards the purchase price every month you pay your lease on time- just like a regular mortgage! We give buyers 18-24 months to get their financing in order and extend it on a case by case basis as long as the payment is made on time.We focus on helping people buy.We even use a service that reports your payments on a monthly basis to a credit bureau.This monthly reporting improves your credit!

What Is The Interest Rate On Your Owner Financing?
We are flexible with our terms to meet your needs.Typical interest rates range from 7.5% to 9.5% depending on down payment and application.Blemished credit is accepted and applications are necessary to verify income and employment.We actually give our buyers free credit repair while they wait for their own financing to come through.

What About My Past Credit History?
We look at the whole picture.Some of the things we verify are job, income, and pay history.We try to concentrate on rental history and the ability to pay.We provide our buyers with free credit repairand help them establish new positive credit history as well.Our goal is to help you clean up your past blemishes and create new credit that is healthy.