Lease-to-Own
How it Works
Step 2
Find your dream home
You get a home-shopping budget, and you can choose any qualifying home on the market. And Realtor Norman Jones will personally guide you through the process.
As little as 2 days
Step 3
The Lease-to-Own Program buys your home for you
The program pays for the home in cash and covers all fees, closing costs, taxes, and insurance. You make an initial payment of 1% to 2% of the selling price, which goes straight to savings for your own future down payment.
2-3 Weeks
Step 4
Move in with built-in savings
Move in and make it home. Your monthly payment includes built-in savings that grow into a down payment over time. (The programs are designed for customers to become mortgage-eligible within 3-5 years, depending on the program.)
Step 5
Buy your home or walk away with savings
Buy your home when the time is right. Change of plans? You can also move out early (with a 60-day notice, depending on the program) and keep your savings (minus a relisting fee and depending on the the lease-to-own program you select).
