Why a lease option? 

A lease option is a financial deal that involves a rental and a purchase agreement, in which the buyer and the seller lay out the upfront price of the property, kind of a “move in now, buy later” approach.

This involves a previously agreed purchase price, terms and conditions, period of time, an option fee, and a rent credit. There may be more items, but those five are the usual ones you’ll deal with. 

Advantages of a lease option?

Allows you to lock the home price to today’s standards.
You’ll always have a down payment ready thanks to rent credits.
You’ll be able to buy even if you don’t qualify for a conventional mortgage.
We use cookies
Cookie preferences
Below you may find information about the purposes for which we and our partners use cookies and process data. You can exercise your preferences for processing, and/or see details on our partners' websites.
Analytical cookies Disable all
Functional cookies
Other cookies
We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. Learn more about our cookie policy.
Change preferences Accept all