Start Whenever and Wherever You Want
With this program, you don’t have to jump right into home ownership if you’re not ready. Instead, you may rent the home of your choice until you are ready to purchase. With your deposit and move-in fee, you secure the chance to purchase the home later if you choose. You can start the program with as little as 3% down for the option to buy.
Making the Most of Your Money
When you’re ready to graduate from renting, your move-in fee counts toward the down payment on your home purchase. However, should you choose to move out, Four Steps Home will often refund a portion — or all — of the move-in fee, provided you leave the property in good condition.
Matching You with the Perfect House
The Rent to Own program matches you with homes that meet your needs. Of course, depending on availability, the time it takes for Four Steps Home to find the perfect home for you varies. Often, we find a few choice homes for you immediately. Sometimes, it may take a little while. When multiple VIPs are interested in the same home, they have the option to bid on the down payment or move-in fee.
The Time and Flexibility You Need
This program gives you time to improve your credit or build up the funds needed for a down payment. Provided you pay your rent on time each month, you may be eligible to take advantage of our Down Payment Assistance Program. With it, you earn a monthly credit toward your future down payment or purchase price.
When you are ready to purchase, any rental credits you’ve earned and up to 100% of your original move-in/option fee become part of your down payment. This is great for first time home buyers and others who may not have saved enough for a down payment. Better yet, it gives you the opportunity to test drive the neighborhood, the schools, and to make sure the home is just right for you!
