EasyFinancingHomes.com specializes in helping families attain the dream of new home ownership by giving them the ability to own the home of their choice regardless of credit.   We not only provide our customers with a variety of innovative financing opportunities, but we also have an alternative method to help those with credit challenges reach their new home ownership goals.
 

The “Rent to Own Program” or "Lease to Own Program" requires a total deposit that ranges from $3,000 to $5,000 depending on the location and home you choose. of which $500.00 is used for a reservation fee to take a house off the market. We also require a $50 application fee to get you started in the program.  We do some limited background checks, but virtually anyone can qualify for a home under this program! Your Rent to Own agreement is valid for up to 30 years on a year at a time extension, but you may elect to purchase the home at any time.  When you decide to purchase the home, the total deposit is applied to the purchase price of  your new home.

There are no other fees required to move into a new home!  Under this program, your monthly payment will be amortized at the initial interest rate between 8-10.5% for the first 12 months, then the interest rate will increase 1% every 24 months until it caps at 12%. The Rent to Own Program is the perfect alternative for anyone with credit challenges that has the dream of owning a new home! Take advantage of low monthly payments, plus you can opt to purchase the home at any time!

While there may be credit issues that prevent one from qualifying for a mortgage, under our “Rent to Own” Program, everyone qualifies!  With payments the same—or and sometimes even less than—conventional home loans, this program provides a great opportunity to realize the dream of new home ownership.   

Getting Started: All prospective new home buyers with an interest in the Rent to Own Program will be issued an application. Additionally, each interested party will be furnished a list of available homes from which to choose.  Once you decide you are interested in the Rent to Own Program, you will need to complete the application and pay a $50 non-refundable application fee.  A copy of your driver's license, the fee, and the application will be forwarded to our Management Company.  The purpose of the application and credit report is to learn basic facts about you.  This information you provide will assist the Management Company or Investor in locating you in the event that you should default on any portion of the agreement.   

Selecting a New Home: You may select a home from our current inventory or complete this form to tell us the area you are interested in, price range and amenities.  No house is too big or too small for us to work with and make it available to you.  We simply need the details.  Once you select the home, a reservation fee of $500 will be required as initial earnest deposit. 

Moving Into Your New Home: If you choose a home from our inventory you may move immediately upon completion of your background investigation.  If we have to acquire a home for you first, then we will have to wait until we can get the home in a clean and move in condition for you.

Down Payment: The deposit required varies.  Depending on the property the total is between $3,000-5,000, which will be applied to the purchase price once you decide to purchase the home.   

Credit Repair.  We will put you in contact with a Credit Repair agency that we trust and recommend that will repair your credit to allow you to obtain the right financing for you.  Not matter how bad your credit is (Bankruptcy, foreclosure, judgments and liens) Your credit can be repaired to where you can afford to own a home again.  We will refund for this service at closing so it is FREE to you.

Your New Home Financing:  You may elect to purchase/finance the new home in your name at any time, provided you are not in default of the terms of the contract.  The only requirement is that you are capable of receiving a mortgage commitment.  Once your credit is repaired this should be possible.  When you elect to purchase the home, the entire deposit is applied to the purchase price of the home, given that all terms of the contract have been met.