Renters
There are times when mortgages just don't work out... but people still want a home
of their own. For some, the answer is a Lease Purchase. The Lease Purchase process is
similar to a simple house rental, yet it gets the renter started on the way to home
ownership.
- No bank to deal with
- Lower financial requirements than purchase
- Accumulate payment history
- Accumulate more toward down payment
- After twelve months, many lenders consider the loan like a refinance - giving the borrower better terms
- Treat the home as your own, not a temporary residence
- Opportunity to improve credit score before mortgage application
Click Here to find out more about the Lease Purchase
Program and how it can help you to a home of your own.
Homes Available
Owners
There are also advantages to the owner, under some circumstances. Particularly
in todays real estate market.
Find out more!
For more information about either situation, call Larry Miller at 804-338-0463.