1. Successfully complete the terms of your lease agreement with your property manager – that means pay your rent on time, take care of the property, and be a good tenant.

2. Work with one of Rent2Buy America’s affiliated lenders to secure a mortgage*.

3. Find a home you would like to purchase through a Rent2Buy America affiliated realtor (this may or may not be the home you are renting).

4. Here’s the credit -
At your home closing, the 1% lender credit will be applied toward the purchase of your new home.
(For example on a $100,000 mortgage, a credit of $1,000 will be reflected on the closing statement.)

That’s it. There are no elevated rent payments, no additional security deposits, no large balloon payments at the end of your lease; just a simple, no obligation program to help you rent to own your home. There is also no additional pre-qualification to enroll in the Rent2Buy America program; you only need to complete the usual rental application process and qualify for your rental property through the property manager. Once you are approved for your rental, you can enroll in the program and put your rent to work to rent to own your own home.

*As a member of the Rent2Buy America program, you have access to our affiliated lenders once you enroll. As soon as you begin to consider a home purchase, you may contact them to prepare yourself for the mortgage process and for mortgage pre-qualifying before you begin your home search. Rent2Buy America also has credit resources for checking and/or repairing credit before you begin the mortgage process to help you get a better rate.