ABOUT OUR RENT-TO-OWN
This is the perfect opportunity for the person who
wants to own their own home, but cannot get a bank
loan because of:
- Poor credit
- Lack of established credit
- Not on the job long enough to qualify for a bank
- Non traditional income or income
which is hard to verify
- Too small of a down payment
With our Rent-to-Own program, you
can fix these problems while you are living in the
home and purchasing with our lease-option contract.
prices in and around the Quad Cities have been
increasing over the last several years, but our Rent-to-Own
program locks in today's price for you.
This program allows you to build equity while also
reaping the benefits of any future increase in the
value of the home!
Under our program, you may be able
to pay off our financing in as little as 12 to 24
months. Here's how:
- Your total monthly payment is set up
similar to a
bank loan. If you were purchasing through a bank, each
month a portion of your payment would be applied
towards interest, another portion towards principal,
and another portion would go towards real estate taxes
and insurance. With our program, things are very
similar. Under Rent-to-Own (also known as a
"Lease-Option"), the portion that would
represent principal is called the "option"
payment, and the
portion that would represent interest, taxes and
insurance is called the "rent" payment.
- If you make your payments on time each month,
your new lender will take a look at your payment history
and, if it is good, they may
allow you to finance the purchase of your home. This
is an opportunity you might never get
if you were trying to purchase
without first proving yourself through a program such
as our Rent-to-Own Program.
- The down payment amount is negotiable, and it is
based on things like credit and income. Rest assured,
we will work with you to try and make this something
that is affordable for you. We want to help.
Whether or not
you qualify for financing to pay the home off, we are willing to provide a longer
term financial arrangement. So,
stop renting and start owning your own home now, with
our exclusive Rent-to-Own
a home, you may set up an
to apply for the home by calling Chuck
at (563) 499-7994.
Designed and Developed by Victory Enterprises, Inc.
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