Step 1: Fill out an application and financial profile

You will fill out a financial profile form. For this form you need a two (2) year work and rental history. Please bring in your W2s for the last two (2) years, pay stubs for the most recent 30 day pay period, two (2) most current months' bank statement, two (2) years' tax returns, and your lease. 

Step 2: Look at properties

Once we review your financial profile we will be able to tell you what properties you qualify for.  Then you will go out and see the properties with a sales associate.

Step 3: Development Plan

A credit advisor will work with you to create a development plan. A development plan is where a credit advisor will review with you your complete financial history and see what is necessary for you to qualify for a traditional mortgage program. Then you will work with your advisor to devise a necessary budget so you can meet your goal of owning your home. During the program you will meet with your advisor on a monthly basis to review your progress in accomplishing the tasks set in front of you. The advisor will make suggestions as to how to complete these tasks. 

Step 4: Do a walk through and move into your new home!

We will set up an appointment with you to move into your new home. At this time you will sign a residential rental agreement, learn about policies and procedures, and review your development plan.

Step 5: Rewards Program

During the lease to purchase program you will work with your credit advisor on a monthly basis to meet your goals. As you pay your rent on time, meet with your credit advisor on a monthly basis, and provide requested documentation you will earn points each month. However, if you don't pay on time or provide documentation you will lose points. At the end of your program when you own your home those points equate to money.  You can use that money any way that you desire. You can use it towards your home so you have smaller payments, towards furniture, or any other expenses that you may have.

Step 6: Qualifying for your loan

Your credit advisor will let you know once you improve your credit to the necessary level in order to qualify for a mortgage. Then you will be able to purchase the home you are living in.