Frequently Asked Questions
Q. How do I qualify for the Lease program?
A. Prospective residents must have an annual household income of at least $50K, provide proof of stable employment and go through an application and approval process.
Q. What kind of homes are available to move into?
A. Single-family homes or townhomes located in approved communities priced between $100K-$400K. The homes must have a minimum of two bedrooms and sit on a lot of three acres or less. Home must be in a community without rental restrictions. *price range varies by market. **other factors may apply.
Q. Do I have to buy the home?
A. No, you have complete flexibility and control. You have the ability to renew your lease for up to five years with the right to purchase at any time, if you’d like. Or, when your lease term ends, simply walk away.
Q. Who is the Lease program for?
A. Our Lease program can be a fit for many types of situations. Perhaps you have found yourself in a season of transition and you need a quality home in the right neighborhood. Maybe you need time to save for your down payment or improve your credit. Maybe you’re not ready to make that long-term commitment just yet. This program is perfect for those that want freedom and choice over where they live and the terms.
*subject to terms and conditions*