How much money will I need to qualify for the lease purchase program?
A. The lease purchase program is really both a lease and an agreement to purchase a property. While you are leasing, you will need to be working towards purchasing the property. In order to best position yourself to obtain a mortgage within two years, Carova usually requires at least $2,500 down plus the first lease payment before you can more in. Then you can build up additional down monies while leasing the property.
