Honey of a Home, LLC.

Honey of a Home, LLC.

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Buy A Home

Are you able to afford a home and make the monthly payments… but you’ve still been turned down for a mortgage loan?

You’re not alone. Unfortunately, upwards of 80% of Americans today can’t qualify for a mortgage loan or any kind of home financing. If you’re one of those people, maybe you think you’ll be stuck renting for life… Who wants to be stuck renting a place where you have no control? With surprise rent hikes or having the landlord sell the house out from under you? Who wants to be stuck renting a place that you and your family can’t truly call your own?

If this sounds like you, then keep reading to see if our Rent-to-Own Program is right for you.

Smooth Sailing We mean it when we say that buying or selling

Lease To Own Home Specialists

Lease To Own Home Specialists

Lease To Own Home Specialists

Lease To Own Home Specialists

We aren’t bankers or real estate agents selling homes for someone else. We are either the owners or have a legal equitable interest in the property. All the normal rules concerning credit, debt ratio, and proof of income are thrown out the window. Since we own the homes, we can be very creative with the financing and structure it to fit your needs.

No Credit Or Bad Credit?

Lease To Own Home Specialists

Lease To Own Home Specialists

Since we own these homes, many times (depending on your circumstances) we are willing to finance all or part of the purchase ourselves or lease to own them to you. During the course of the lease, you can use a credit consulting service that we will refer you to and, whether you end up purchasing or not, you can decide which course of action to take with them.

Q&A

What are the minimum qualifications for our Rent-To-Own program

We require an up-front down payment that will be applied against the purchase price when you do eventually close on the property. Generally, your down payment will be between 3-10% of the purchase price, depending on the home and your personal situation.

Other than that, a commitment to diligently work with us to convert you from a home renter to a home buyer by the end of the lease term is the most important qualification.

A poor credit score will NOT disqualify you from our program, so don’t hesitate to consult with us.

Can I still do your Rent-To-Own program if I don't qualify?

No, unfortunately not. It wouldn’t be fair for us to put you into a home and have you make rent payments if we know you won’t qualify to buy at the end of the rental period.

Do I have to pay any fees or commission?

Since we aren’t real estate agents, we don’t charge any commissions or other fees.

But, as with anyone who buys a home, you are required to put 3-10% down, which will be fully credited to your final purchase price at closing.

Beyond this, you’ll make regular monthly rent payments and cover the usual costs associated with home ownership.

Do my rental payments count towards my house payment?

No, they do not. Though, consider it this way — you’re already making rent payments somewhere.

At least with a rent-to-own home, you know that these payments will pay off down the line and help you secure the home you want today.

What if I don't qualify for my mortgage loan after my lease period ends?

This rarely happens because we don’t accept people into the program unless we’re 99.99% sure they’ll qualify for a mortgage loan after the lease period.

In the unlikely event this occurs, we may be able to extend your lease if we’re confident you need a little more time to qualify for a mortgage loan.

How long is the average rental period?

The length of the rental period is based on evaluation from our third party credit consulting agency and mortgage consultant. But usually, we can bring you to a point where you can qualify to purchase in anywhere from 12-24 months.

Who is the Rent-To-Own program for?

This program is for anyone that wants to buy a home, but can’t qualify for a mortgage loan today.

Most importantly, this program is for people who are willing to invest the time and energy to get their credit on track so they can qualify for a loan to become buyers.

Alternatively, this program is perfect for someone who can qualify for a loan today, but just wants an extra year or two to save for a down payment, get better loan terms, or needs “seasoning” in the eyes of the lender.

Who ISN'T the Rent-To-Own program for?

This program is not for anyone who wants an overnight miracle or is unwilling to put in the time and effort to fix what’s broken.

Getting into a Home with 0 Down.

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Equity Enhancement Program

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What expenses can I expect?

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