 have a low
credit score
recently
declared bankruptcy
high
debt/income ratio
can only
obtain a high interest bank loan
No bank
qualifying
Up front
option money often smaller than typical down payment
Monthly
rent credit towards purchase price
Purchase
price is locked in |
Choose a house in your price range
Qualify (How do I qualify)
Sign a Lease Option contract
Provide 5% to 10% upfront to purchase option
Receive $200/month credit towards purchase
Purchase the house after 12, 24, or 36 months
Click here to see example Lease Option numbers |
