Rent-to-Own is a homebuying strategy that lets you move into a home now and buy it later. A portion of your monthly payment builds your down payment while you work on your mortgage readiness through credit repair and debt repayment.

The monthly payment works very similar to a payment with the bank on an approved mortgage.  Basically, here is a quick idea on how this number works - we take the price of the house and subtract your down payment amount.  This would be the mortgage if you qualified on your own.  The monthly payment [...]

The budget in a rent-to-own is based on the same principles used by the bank:  The Stress Test.  We take your income, mulitple it by 4.5 times and add your down payment to come up with a budget that should help you enter and exit a rent-to-own.