Rent to Own Program

 

 

Our rent to own program  is available to renters who would like to own their  home but are  unable to take advantage of a lease option.  Our rent to own program requires no down payment or option fee .  However, it is less flexible than a lease option because the tenant is obligated to buy the property at the end of the contract period.

 

Rent to own allows the tenant to build a down payment for the purchase of their home through monthly rent payments.  For example, if a home normally rented for $800, and the  Rent to Own tenant  agreed to pay $1,000, the extra $200 accumulates toward the down payment. 

 

Over 30 months the tenant would build a down payment of $6,000 towards the purchase price.

 

If you are interested in taking advantage of this program please email Gerald@fidelityhousing.com.