What do I need in order to qualify?

TO QUALIFY FOR HOME FINANCING:

  • No Eviction History,
  • A Steady Job, 
  • No Recent, Violent Criminal History,
  • Total Household Income 3x the Monthly Payment
  • Down Payment Equal to 3X Monthly Payment 
  • First Month's Monthly Payment Due at Closing
  • Submit an Application to Apply

Do I need to have good credit?

All credit scores are OK, the good bad and the ugly!

Will I actually "own" the home?

Yes!  Think of financing a car - the bank owns the title to the car while you make your payments.  After you pay the car off the title is then transferred to you.  It's the same here: We keep legal title to the house while you make your payments, once you pay it off we transfer the title to you.  

What happens if the pipes burst or furnace dies?

Since you own the home, you are responsible for all maintenace and upkeep, just like if you financed a car and needed to replace a battery or the brakes.

Am I able to renovate the home?

Of course!  It's your house!  

Can I refinance the home when I'm ready?

Absolutely, we're happy to work with you and your financial institution to help facilitate your exit strategy.