How The Right To Purchase Program Works

Rent Today, Buy Tomorrow

Discover hundreds of available homes that are not currently available in the rental market, all with the option (but not the obligation) to purchase in the future!


See If I Qualify!


See If I Qualify!

How Rent-To-Purchase Programs Work

The Rent-to-Own program lets you choose a home listed for sale and rent it now with the Right (but not the obligation) to purchase it in the future.


STEP #1: COMPLETE PRE-QUALIFICATION QUESTIONNAIRE

Through the use of revolutionary technology, you can learn more about this incredible Rent-to-Own program from your computer or smartphone by taking an online pre-qualification questionnaire without having to talk to a live person!

See If I Qualify!

Download Pre-Qualification Questionnaire


STEP #2: SUBMIT FULL APPLICATION FOR APPROVAL

If you completed the pre-qualification questionnaire and/or are ready to move forward and get your rent approval, it's time to submit a complete application!  

Our partner considers the credit, background, and income of all full-time household members 18 years of age and older who are on the initial application to determine your maximum rent allowance.

Your maximum rent is based on your household’s debt and income and cannot exceed 35% of the gross monthly income for the household. Additionally, the monthly rent approval amount plus your household’s pre-existing, non-mortgage debt must not exceed 45% of your households gross monthly income.

Key Considerations:

  • Combined household income of $40,000+ per year (before taxes)
  • Average TransUnion credit score of 580 for all household members on the application
  • No open bankruptcies
  • No evictions in the last 3 years

Apply Now!

Download the Income Verification Criteria


STEP #3: FIND YOUR NEW HOME!

Now that you have an approved rental amount, it's time to find your home!

Along with your approval, our partner determines a maximum rent allowance for your household, which equates to a maximum purchase price. 

Our partner will only purchase homes that are located in approved communities that meet basic criteria, as outlined below. 

  • Single family home or fee-simple townhome
  • Located in an approved community
  • List price between $100,000 and $350,000
  • Minimum of two above-grade bedrooms
  • Lot must be two acres or less
  • Home can be a traditional sale (MLS) or a FSBO (For Sale By Owner)

Search Homes

Download the Comprehensive Property Guide


 STEP #4: OUR PARTNER BUYS THE HOME AND LEASES IT BACK TO YOU

Our partners buys the home. You lease it and have the right to buy it later, should you wish.