Our Rent Any Home Program F.A.Q.'s:
Once we get your rental application approved, you will go home shopping just like you would if you were buying a home yourself. Once you and your agent select the home, we will submit it to our client. They will make an all cash offer to that seller. If they are successful in purchasing the home, they will close, clean the home and get it ready for you. You will then rent the home in 12 month increments for up to 5 years at a predetermined rental rate, and you may purchase the home from our client at any time at a predetermined price in accordance with the Right to Purchase agreement.
We have certain minimum criteria for our program. Your household must have an annual income of $45,000. You must have stable employment. We cannot accept you into our program if you or anyone in your household has a history of eviction or a pending bankruptcy. Everyone in your household will be subject to a criminal background check. The average credit score of all adults applying needs to be 570 or higher. You need at least 45 days before you can move in, and you can't have an aggressive dog breed.
We have a one-time Application Fee of $99 per household that must be paid online as part of the application process. This Application Fee covers all applicants in the household and is nonrefundable.
You can exercise your Right to Purchase at any time during your Lease. However, you must provide us with written notice of your intent to exercise at least 60 days before you want the sale to close. In addition, the closing date must occur before the end of the applicable Lease term.
No. Monthly rent payments are not applied to the purchase price of the home. If you decide to exercise your Right to Purchase, you must pay the full predetermined price as set forth in the Right to Purchase Agreement.
Yes! Residents are allowed a maximum number of three (3) pets (cats or dogs) weighing less than 180 pounds in total combined weight. Home Partners expressly prohibits the following dog breeds (including partial mixes of same): Doberman, Pitbull, Rottweiler or Mastiff. Further, livestock/farm animal pets such as pigs, horses, chickens and goats, aquariums over 20 gallons, and exotic, venomous and verminous pets, are not allowed. In most states, there is a $300 nonrefundable per pet fee, refundable upon purchase of the home. Please note that although assistance animals are excluded from the pet policy requirements, supporting documentation is required to qualify as such.
We take several factors into consideration when reviewing an application, which include household income, rent-to-income, and debt-to-income ratio, rental and housing history, employment history, criminal history, and FICO® score. We consider the profile of the entire household when reviewing an application. If your application is denied, you will receive notification in writing.
Yes. Generally, we require a deposit equal to two months’ rent. This deposit is not applied towards your rent. If you decide to leave the home at the end of any one-year lease term and you have been in compliance with the terms of the lease and return the home in the same condition it was in when you moved in (normal wear and tear excepted), the full deposit will be returned to you or credited to the purchase price if you buy the home. The full deposit (less any outstanding charges owed to Home Partners) is also returned to you if you exercise your Right to Purchase the home.
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Schedule Your Qualification Call:
What Is The Process?
Step 1. Apply
We need to get your rental application approved. It takes just a few minutes. But, before you apply we need to have a quick call to verify your eligibility. To do that click the button below.Schedule The Call
Step 2. Home Shop
Once you're approved, we will go home shopping and find you the perfect home. Once we find it, we'll submit it to our client and they will make an all cash offer in less than 48 hrs.
Step 3. Move In
Once we have successfully purchased the home we will get it prepared for you to move in. Then you will rent the home in 12 month terms for up to 5 years. Buy it if want, but you don't have to.