Lease-to-Own Solutions offer a compelling alternative for individuals and families who are passionate about owning a home but may be facing challenges in securing traditional mortgage financing. This innovative approach provides an opportunity to move towards homeownership, even if you are not yet in the perfect financial position to qualify for a mortgage.
So, what exactly is Lease-to-Own? It's a pathway to homeownership that allows you to lease a property with the option to buy it at a predetermined price within a specified period. This gives you the opportunity to live in your desired home while working towards your goal of homeownership. It's an empowering and flexible solution that can help you take the first step towards achieving your dream of owning a home.
Our Lease-to-Own program
Provides customers access to homeownership through an affordable long-term finance agreement and allows customers time to get mortgage ready with an equitable title interest.
Omega Gold's newest home financing product provides yet another way for customers otherwise unable to obtain affordable financing to access homeownership.
• Offers 96.5% financing up to FHA loan limits
• The Lease-to-Own Program is a seller financing agreement providing the rights and privileges of homeownership via equitable title, similar to a standard mortgage and deed of trust
• Built-in refinancing allows for customer transition into direct ownership
• Financial counseling, payment protection and home warranty included
• 2 Borrowers max per application
Minimum Credit Score
600 Minimum (Equifax)
• 660 Minimum – Self-employment or second home
• 700 Minimum – High Balance
Debt Obligations
One of the main advantages of Lease-to-Own Solutions is the flexibility it offers. It provides you with the time and space to improve your credit score, save for a down payment, or address any other financial challenges that may be hindering your ability to secure a traditional mortgage. This flexible approach enables you to take control of your financial situation and work towards your ultimate goal of owning a home.
Another key benefit of Lease-to-Own Solutions is the opportunity to test drive your potential home. While leasing the property, you can experience what it's like to live there and determine whether it truly meets your needs and lifestyle. This hands-on experience can be invaluable in making an informed decision about homeownership.
Our team of well-informed and competent mortgage loan officers are your partners in navigating the Lease-to-Own process. They possess the knowledge and expertise to guide you through the intricacies of this unique homeownership solution. They will work closely with you to understand your specific needs and financial situation, providing you with personalized guidance and support every step of the way.
When considering Lease-to-Own Solutions, it's important to carefully assess your financial readiness and long-term goals. Our experienced loan officers can assist you in evaluating your current financial situation and developing a plan to set you on the path to successful homeownership. They can provide valuable insights and recommendations to help you make informed decisions about Lease-to-Own Solutions.
While Lease-to-Own Solutions offer a promising pathway to homeownership, it's essential to approach this option with a clear understanding of the terms and conditions involved. Our team is dedicated to ensuring that you have a comprehensive understanding of the Lease-to-Own process, including the obligations and responsibilities that come with it. We are committed to empowering you with the knowledge you need to make confident and informed choices.
In conclusion, Lease-to-Own Solutions present an exciting opportunity for individuals and families who are eager to achieve the dream of homeownership. It's a flexible and empowering approach that can help you overcome financial obstacles and move closer to owning a home. Our team of knowledgeable loan officers is here to support and guide you through this transformative journey.
We encourage you to reach out to us to discuss your specific needs and explore how Lease-to-Own Solutions can help you achieve your homeownership goals. Our team is dedicated to providing personalized assistance and valuable insights to help you make the best decisions for your future. Let's work together to master the path to homeownership with Lease-to-Own Solutions.