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What is a rent to own or lease option?

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What is a rent to own or lease option?

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This is a technique where you rent the home while you are improving your credit. In this situation, you would have the exclusive right to buy the home for the duration of your option (usually 3 to 12 months). Everyones credit history, income, and length of time required to cure problems is unique, so we customize a plan just for your situation. We will only do a rent to own or lease option if we are reasonably sure your situation can be solved and you are willing to do the work needed to qualify for a home loan.

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