Lease Purchase Program
Horant understands that not everyone qualifies for a traditional mortgage but still harbors the desire to fulfill their dream of homeownership. To assist individuals in this situation, we have developed the Horant Lease Purchase or Rent to Own programs.
Our program offers a structured pathway for aspiring homeowners. The purchase price of the home, as well as the monthly lease payment, are determined and agreed upon upfront. This ensures transparency and clarity throughout the process. The terms, price, and payment remain fixed for a specified period, typically ranging from 18 to 24 months, known as the purchase option period.
To get started, you only need to make a small upfront payment, typically ranging from 3% to 10% of the purchase price. This payment is referred to as the purchase option payment and serves as your commitment to the program.
When you reach a position where you can purchase the home, which can happen anytime during the option period, Horant will credit the entire amount of the option payment toward the purchase of the home. This credit reduces the overall purchase price, making homeownership more attainable and rewarding.
Horant Lease Purchase or Rent to Own programs offer a flexible and accessible path to homeownership, providing an opportunity for individuals who might not qualify for a mortgage. Contact us today to learn more about our program and take the first step towards realizing your dream of owning a home.