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Description
Property Id: 2370586
Rent to own:
Dream of owning your own home in Billings but struggle to qualify for a mortgage or save money for a down payment? Here is your opportunity.
With our Renters to Owners program, you can rent your home with a separate contract to purchase it later. Owner financing is available with a 2-3 year plan to help you build credit while saving for down payment. Get financing later with the banks once the mortgage rates drop. Contact us today to schedule a viewing and learn how you can start building equity right away.
Renter's Criteria:
* 6 month probationary period (minimum rental contract)
* Monthly rent: $1750 ($250 of that is credited towards down payment)
* Proof of income: Minimum $4400/month gross income.
* Minimum credit score: TBD
* Criminal/background check (Qualified applicants will be later contacted for in-person interview to determine who is the best fit)
* Non-refundable "option to buy" deposit of $5625 (which will be credited towards down payment at closing)
* 1-3 years term (with predetermined purchase price)
Property Id: 2370586
Rent to own:
Dream of owning your own home in Billings but struggle to qualify for a mortgage or save money for a down payment? Here is your opportunity.
With our Renters to Owners program, you can rent your home with a separate contract to purchase it later. Owner financing is available with a 2-3 year plan to help you build credit while saving for down payment. Get financing later with the banks once the mortgage rates drop. Contact us today to schedule a viewing and learn how you can start building equity right away.
Renter's Criteria:
* 6 month probationary period (minimum rental contract)
* Monthly rent: $1750 ($250 of that is credited towards down payment)
* Proof of income: Minimum $4400/month gross income.
* Minimum credit score: TBD
* Criminal/background check (Qualified applicants will be later contacted for in-person interview to determine who is the best fit)
* Non-refundable "option to buy" deposit of $5625 (which will be credited towards down payment at closing)
* 1-3 years term (with predetermined purchase price)
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