A Program designed for You!
Not ready for a mortgage? We’ve got you covered. You can rent your dream home now, while growing your built-in savings for a down payment.
5 Steps from Rent to Own
Apply for free in 5 minutes
Getting prequalified is free. It’s quick, comes with no commitment, and doesn’t impact your credit score
STEP 1
Move-in with built-in savings
Move in and make it home. Your monthly payment includes built-in savings that grow into a down payment over time.
STEP 4
Find your Dream Home
You get a home-shopping budget, and you can choose any qualifying home on the market with your agent.
STEP 2
Buy your Home or walk away with savings
Buy your home when the time is right. Change of plans? You can also move out early and keep your savings
STEP 5
We Buy your Dream Home
We pay for the home in cash and cover all expenses. You make an initial payment of 1% to 2% for future down payment
STEP 3
How Does Pricing Work?
Pricing varies depending on the home, your initial payment, and your monthly savings.
To find out your personal home-shopping budget, get prequalified. It’s completely free, takes 5 minutes, and doesn’t affect your credit score.
Initial Payment (at move-in)
You make a one-time, upfront payment (1%–2% of your home’s value) that goes straight toward savings for your future down payment.
Rent + Home Savings (each month)
Your rent is based on a fair market rent for your area. Your monthly home savings* are separate, and we set them aside for you to save up little by little for your future down payment.
*Your monthly home savings make up approximately 10-25% of your total monthly payment (or roughly .10-.25% of your home’s value). For example, on a $200,000 home, approximately $200-500 per month of your monthly payment would go toward your home savings.
Who’s a Good fit?
You could use help saving up for a down payment
Savings for your down payment are built right into your monthly payment, so they add up over time. In 3 years (or even sooner), you can afford a 10% down payment on your home.
You want a more competitive offer
We give you the power of an all-cash offer, which sets you apart in today’s competitive market and helps you secure your dream home.
Your credit score isn’t quite there yet
We accept a minimum FICO credit score of 550—so even if you’ve hit a few bumps in the road, we could be the right partner for you. Once you’ve moved into your home, we’ll pair you with a free credit counselor to help you get ready for your own mortgage.
You want to try before you buy
We move fast and our program is flexible. Which means you get into your dream home sooner and – if life changes – you’re not locked in. Who says you shouldn’t be able to try-before-you-buy anyways?
You’re self-employed or got a new job
We look at your last 3 months of income when determining your home-shopping budget, which makes us a great option if you’re self-employed or recently started a new position. (Congrats, either way.)