Application
Application
Our Application Process is very simple. Fill out our form for Lease Purchase / Rent to Own Application.
Here is what we are looking for in our tenant buyers:
- That you can afford the home. (A good rule of thumb is gross income should be at least 3-4 times the rent.)
- That you have the cash to pay the option fee and the first month's lease payment? (typically 2-3%)
- That you can provide verifiable landlord references & tenant history? (at least 2 previous landlords, no evictions in last 4 years)
- Verified Employment history and income.
- That you can pass a criminal background check (most misdemeanors & minor infractions are okay)
- That you are committed to restoring your credit (if credit is the issue) so you can qualify for a mortgage within 12-24 months.
- That you really want to own the home instead of being a career renter.
If you can prove all of the simple things above on the application then you are qualified! It is really pretty simple.
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Current owner-finance and rent-to-own homes. Call 636-525-1566 — we answer 24/7.