Learn how thousands of families bypass traditional bank lending friction, lock in a dream home today, and build genuine equity with monthly rent credits.
This looks much like a standard lease. It specifies your rent and the term—most cases being two or three years.
Maintenance: Unlike a standard lease, the tenant is often responsible for maintenance costs and upkeep. This motivates you to keep your future home in top shape.
Standard Terms: You must follow general conduct requirements and avoid structural renovations without permission.
This gives you the exclusive right to purchase the home without worrying about anyone else swooping in and snatching it out from under you.
Option Fee: Typically 2-7% of the purchase price. This is due up front and is credited towards the purchase price when you buy and close on the home.
Exclusivity: Valid for a term equal to your lease, giving you “first dibs” on the property.
Because of the rent credit, you will likely pay more to rent the home than common market rent. Think of the extra amount as a forced savings plan for your home's purchase.
If you decide not to purchase the house, the option fee and credits are non-refundable. Also, if you are late paying rent, you will likely lose that month's rent credit.
Is rent-to-own right for you? Evaluate the trade-offs.
Stop throwing away rent money every month. Our lease-purchase program gives you time to build credit, accumulate down payment savings, and move into your permanent home today.
Submit your simple application with basic income and budget details. No hard credit inquiry, and no bank red tape.
Browse our curated listings of quality single-family homes and schedule a private in-person walk-through.
Sign your transparent lease-option agreement. Your purchase price is locked in for the entire 1 to 3 year term.
Each month you pay rent, 25% of your payment is credited directly toward reducing your purchase price.
When you are ready, buy the home at the reduced price minus all your accumulated rent credits and option fees!
Get pre-qualified in under 3 minutes with zero obligation. Explore active listings in your area.
See why lease-option purchasing outperforms standard apartment or rental leases.
Have questions? Here are the most common details about our rent-to-own agreements.
Rent-to-Own is a real estate arrangement where you lease a single-family home for a fixed period (typically 1 to 3 years) with the exclusive right to purchase the home at a locked-in price before the lease expires. 25% of your monthly rent is credited directly toward reducing your purchase price.
Each month when you pay your rent on time, 25% of your payment is credited directly toward reducing the purchase price of the home. Over a 36-month lease, this can accumulate between $12,000 and $24,000+ in direct purchase price reduction!
The Option Fee is an upfront deposit (usually 2.5% to 5% of purchase price) that grants you the exclusive legal option to buy the home. 100% of this fee is credited toward reducing your purchase price at closing.
Yes, you can choose not to exercise the option to buy. However, the upfront option fee you paid is non-refundable. Make sure you’re committed to the purchase before entering into a lease with an option to buy.