About This Home
We only qualify off income! You can enter our Path to Home Ownership Program at any level depending on where you are in your life. The end goal is for you to purchase the home. We only qualify based on income, just like a bank (since the bank will require this). We help fix credit or other qualifying issues while in our program.
We have 4 levels:
Bronze-Renter: At this stage, you rent, just like a normal renter, so no payments go towards the purchase price. This way you can enjoy living in your home while working to purchase it. At this level, we can help you save for a down payment through an extra amount each month. The end goal is for either us to finance you the property or to end up qualifying for a bank loan. We give 20% extra credit at tax time to help our Path to Home Ownership clients reach their down payment goals quicker. The goal is to achieve home ownership. This home would require $2275 first months rent, plus a $2375 reservation fee to move in. $4650 total.
The next level is our Silver level, which once you reach 3.7% down, we sign a lease with the first option to buy. This is a commitment on our parts, where we will not sell the house from underneath a client (I’ve seen many other so called rent to own owners do this and we are completely against it). It also shows a commitment from you that you are working to save and really have home ownership as a goal. Since FHA loans require 3.5% down, at this level, it is possible to become bank qualified if all your qualifying issues are in order. $13320.00 plus first months rent of $2375.00, $15695.00 total.
The next step would be to save 10% down (or you can enter at this level) This is our gold level. At this point, we actually finance the house and the payment goes towards principle and interest. $36000.00 total to move in and purchase the house. If you went through our previous levels, they count toward the $36000.00 If you went through our Silver level, it would be $22680.00 (we credit you the $13320.00) to move up to the Gold level. The more you put down, the lower your payment will be.
The final step is our Platinum level, which is bank qualifying. At this point, the bank will finance you and the payments will be lower.
During the program, we refer you to a credit repair agency if you have credit issues and have a mortgage broker look at your situation and advise you on what you need to do to become bank qualified (fix debt to income, fix credit, down payment amount, more time on the job, etc).
At any point during our program, if you become bank qualified, you can purchase the home and will become a homeowner!
This home is part of the Path to Ownership program, created for individuals and families who want to move toward owning a home rather than simply renting.
Perfect credit is not required. Many of our residents are working to improve their credit or rebuild after past challenges. What matters most is having stable income, the ability to afford the monthly payment, and a genuine desire to become a homeowner.
During the application process we review income stability, rental history, and overall readiness for the program. Requirements may vary by property.
Pet policies may vary depending on the home. Please confirm details for the specific property you are interested in.
Due to the structure of this program, housing vouchers such as Section 8 are not accepted at this time.
How Membership Helps You Find a Home
Membership gives you access to opportunities that are not available to the general public.
LEARN MORE ABOUT MEMBERSHIP >Early Access to Homes
Members may receive early notification when homes become available through the program, giving you more time and options to find the right fit.
Homes Matched to Your Needs
We consider your preferences, such as location, size, and budget, when identifying potential homes. This allows your journey toward ownership to feel intentional, not rushed.
Build Equity Through Effort
In some cases, members may have the opportunity to earn credit toward their purchase by taking part in improvements or repairs on a property, helping you build equity sooner.
Inquire About This Home
Through our grant program, you can earn credit toward your down payment or move-in fee by completing repairs.
Prefer us to handle it? That works too.
