Frequently Asked Questions

Q. Why do I have to make an application? A. While our lease option program is no credit qualifying every applicant must qualify for our program. We are not in the eviction business and don't want to be. It doesn't do us or you any good to take up-front Option money and then put you in a home that you can't afford or that you won't be able to qualify for prior to expiration of the Option. Q. What are you looking for to qualify for your program?

A. We look at a number of things. First and foremost, we are looking for people who truly want to become homeowners. There are numerous Lease Option programs out there that simply want to take your option money, rent to you for a year and then for you to move out so that they can repeat the process. This isn't us. We want to help you and your family achieve financial success and become homeowners! You must be able to verify that you can afford the payment and have steady income.

Q. I make a good income, but can't verify it in traditional ways. Does this mean that I can't qualify for your program?

A. No, not at all. We can look at non-traditional sources of verification. The key thing that must be considered is that because Stated Income Mortgages are a thing of the past, we need to ensure that steps are taken so that you can purchase the home in two years.

Q. What makes your program better than other programs out there?

A. There are certainly other reputable Lease Option programs out there, but we think that ours has something special. Our approach is unique in that we are seeking to build a long term relationship with you. First and foremost, the terms of the lease option are set up to actually put you in position to buy the home --- this is important. Many lease option programs are set up so that at the end of the term there is no way you could ever buy the home unless you paid for it in cash and for a price significantly above true fair market value.

Q. How can the terms of a lease option affect my ability to buy?

A. The terms of any lease option are critical to your success! Unfortunately, there are many programs out there whose sole purpose is to rent the home to you for a year, collect upfront option money and then for you to be forced to move out in a year. Why? So that they can collect the option money again from someone else! How do they do this? First, they set the option price far above what they estimate that the Fair Market Value of the home will be. This ensures that even if your credit is perfect, no bank would finance the home for you because the home isn't worth what you'd be paying for it. Secondly, they offer little or limited rent credit and do nothing to help you save up for the down payment. We offer a generous rent credit and the ability to take advantage of money making opportunities with our company. Lastly, they do not require you to work on repairing your credit because quite simply they don't want you to!

Q. Why do you require an application prior to viewing the home?

A. A good Real Estate Agent will always require a client to get pre-approved with a mortgage company prior to showing them any home. The reason for this is to ensure that no ones time is wasted. It is heartbreaking for you and frustrating for the person who takes the time and to show you the home.

Q. What is your application fee?

A. Nothing.

Q. I really like your program, but you don’t have a home in inventory that meets my needs. Can you still help me?

A. Yes! We are licensed Real Estate brokers and can help you get into almost any home on the market available for lease option or owner finance.

Q. I have found my dream home, but it is listed with a Realtor. Can you still help?

A. Yes.