A quick guide to how our rental and lease-to-own programs work.
Your household income must be at least 3x the monthly payment amount. We also review credit, rental history, and allow co-signers or multiple applicants. We understand life happens and commit to reviewing your information with care. Rent-to-own is an excellent option for families getting back on solid ground after foreclosure due to a job loss or a medical event. Likewise, rent-to-own is a great solution for families that don’t have conventional “W-2” jobs such as entrepreneurs and small business owners.
There may be an application fee required if we need to utilize outside vendors to complete the review of your application.
Standard rent-to-own terms are flexible and typically range from 24-60 months with optional extensions if more time is needed to close on the purchase of the home.
We may offer the option to purchase the home prior to the end of your lease term, although a minimum lease length may be required.
Depending on your credit and option fee deposit amount paid, you can close on the purchase at the end of the lease term with a bank loan or qualify for a private mortgage loan with Persh Properties.
We’ll share why and, if possible, help you understand what steps to take to reapply in the future.
Yes, we have homes available for families in the Housing Choice Voucher program. Availability varies, so reach out for details.
Once approved and your deposit is paid, move-in can happen in as little as 3–7 days depending on the property.
