Apply for approval
Answer 6 questions on our FREE Pre-Qualification Questionnaire to see if you meet the basic applicant criteria. If you pre-qualify, you are invited to complete the paid full application. This step includes uploading income verification documents, and a soft credit pull and background check on household members over 18 years of age.We will notify you of a decision within 1-3 business days.See if You Pre-Qualify
Find an eligible home
After approval, we give you a maximum monthly rent amount. Work with your real estate agent to tour eligible homes listed for sale. Once you find a home you love, you complete a request form.After completing the request form, your agent submits the home to us for review.Basic Home Property Criteria
We buy
and lease it to you
We show you our Anticipated Terms with 5 years (3 years in Texas) of locked-in monthly rent amounts and Right to Purchase prices and estimated repair costs. After you approve our terms, we submit a competitive cash offer to buy the home. If the seller accepts, you sign a 1-year lease and Right to Purchase agreement.On average, move-in will be 2 weeks after closing to accommodate any necessary repairs found during our home inspection.Price Breakdown
Right to Purchase
You rent the home with the flexibility of a 1-year lease and the option to buy at any time. At the end of each lease term, you can choose to walk away without penalties, or you can renew your lease for another year. In total, you can rent the home for up to 5 years (3 years in Texas).Right to Purchase Process
How We're Different
Home Partners empowers you to plan for your future with the security of 5 years (3 years in Texas) of locked-in rents and purchase prices.
With our Program, there are no hidden fees, non-refundable deposits, or unexpected price increases. If you choose not to exercise the Right to Purchase, there are no penalties. Buy, rent, or walk away, you decide.
| LEASE PURCHASE PROGRAM | TRADITIONAL RENTAL | |
| Choose any eligible home listed for sale | ✓ | ◎ |
| Commit to a one-year lease upfront | ✓ | ✓ |
| Pay a standard rental deposit | ✓ | ✓ |
| Rental rate certainty for five years* | ✓ | ◎ |
| Right to Purchase at a locked-in rate for five years* | ✓ | ◎ |
| Option to buy any time during the lease | ✓ | ◎ |
| No penalties for deciding not to purchase | ✓ | ◎ |
Is the Program Right for Me?
I'm not ready for a mortgage.
Get into your dream home now without a mortgage or down payment. Plan ahead with 5 years (3 years in Texas) of locked-in rent amounts and purchase prices.
I'm relocating to a new area.
Finding a new neighborhood to move to isn't easy. Test drive a community and home you want without the long-term commitment.
I'm a first-time home buyer.
We understand that buying your first home is a big decision. Try before you buy! Live in the home you want while deciding if it's right for you.
I'm looking to rent a great home.
More options! Unlock access to dozens of homes listed for sale. Expand your options to find a high-quality single-family home that may not be available on the rental market.
See if you pre-qualify for free
Is Home Partners in Your Area?
Use the search bar below to see if Lease Purchase is available in your metro.
Pricing
We use your income documentation submitted with your application to calculate a maximum monthly rent amount to guide your home search.
Once you and your agent find a home within your maximum monthly rent, we show you 5 years (3 years in Texas) of locked-in rent and purchase prices.
Questions about the Lease Purchase Program?
What is the basic applicant criteria for the Program?
To meet basic applicant criteria, you must have $40,000+ of verifiable annual household income, no open chapter 7 bankruptcy, no disqualifying criminal history, and a minimum of 45 days from date of application approval to move-in. After application submission, we also evaluate rent-to-income and debt-to-income ratios, FICO® scores, housing, employment, and criminal history.
FICO, the FICO Logo, and the FICO product and service names are trademarks and service marks or registered trademarks and service marks of Fair Isaac Corporation.
What is the basic property criteria for the Program?
An eligible property must be a single-family home or fee-simple townhome located in one of our approved communities. The list price must be no more than Home Partners metro's maximum purchase price, and the property must have 2 or more above-grade bedrooms on a lot of 2 acres or less.
Do I need to work with a real estate agent?
Yes! You can work with a licensed real estate agent of your choice. If you don't have an agent, sign up for the Program to get started, and we will connect you with an experienced agent in your area.
Click here to read more FAQs
See What Our Clients Say
Ben is truly one of the best agents in Central Florida. He has flawlessly executed 5 home transactions in the past 4 years with me. What is most impressive is his ability to navigate situations as they get complex (we recently sold and bought a new home during this pandemic). He will respond to any questions you have for him within a matter of hours, and does an immense amount of behind the scenes work before providing you with exactly what you need. Lastly, he is an absolute expert at new construction sales. You may think you don't need an agent when buying new construction, but I can tell you from experience that you want someone like Ben on your side to push things through for you and make sure they are exactly as you want. I cannot more highly recommend him as your realtor!~
Ryan & Ale
Ryan & Ale
Ben is literally the BEST!!! He guided us from beginning to end with compassion and detail along every step of the way.We hit some big hiccups in our closing process, and Ben always had our back. When we had to switch lenders because of unforeseen circumstances with CoVid-19, he even got our builder to grant their preferred lender discount! I could go on and on about everything Ben did for us, including SHOWING UP for EVERY walkthrough, and especially for closing.If you are looking to buy anywhere in the Orlando area, don't waste your time by looking elsewhere or asking your friend who just got her real estate license to "help you out." Call Ben Laube; he is the BEST.
~ Randy & Amy
~ Randy & Amy
