Rent To Own Program Details

Rent To Own Program DetailsDo you wish you could own your own home but you have less than perfect credit?

Our Rent-To-Own (Lease Purchase) program may be able to get you on that path to home ownership.

There are many programs to help you buy a house with no down payment money if your credit score is a 640 or better. If you are a veteran, than you only need a 620 credit score to get a no down payment loan. So this program may not be the best for you depending on your situation. This program is primarily for people that have a credit score less than a 620 but Absolutely have to get in to a home for whatever reason and don’t want to do a normal rental.  Read on if you want to learn more about our Rent To Own Program Details.

If you can afford a reasonable 3.5% down payment and fair market monthly rent payments, you can easily participate in our powerful Rent-To-Own program. Why 3.5% down?…because most people get FHA loans and 3.5% is the minimum FHA down payment requirement, so in effect that is taken care of upfront. It is also sufficient enough to structure the Rent-To-Own deal to make it attractive enough for a seller and/or listing agent.

Perhaps one of these situations applies to you: self-employed, short job history, relocated and didn’t have a job lined up…but you have cash, past or present financial problems. These problems can be overcome, especially if you have cash available to use as an option fee (noted as down payment) and even pay some months in advance rent. However, if you have more than a couple collections totaling more than a $1000, it’s likely not looking good for you to obtain a Rent-To-Own.

Our partnering direct lenders will give you a Free analysis and guidance on how you can rebuild your credit based on you doing certain actionable items! If you want to proceed with us in pursing the Rent-To-Own program, we will require that you do the Free analysis with your lender of choice or our partnering direct lender. We need to do this so you can get a good projection of when you might be able to qualify for a traditional mortgage. We also need to speak on your behalf to sellers and listing agents as to your situation if we are to structure a Rent-To-Own deal.

We have seller paid closing costs (seller concessions) built in to the deal and noted in the contract that are projected to be enough so the tenant-buyer does not have to come to closing with any money. So in effect with the down payment, the front-end is covered, and with the closing costs built in, the back-end is covered.

You just have to work on everything in between and it is your sole responsibility. You have to get the job, make enough income, and build up your credit score all in enough time as outlined in the contract to follow through and obtain your mortgage before the contract term expires, or you lose the option fee (down payment) and you have to leave the property. If the owner is lenient and reasonable they may work out something with you, but there are no guarantees in that. You have to make sure you leave enough time in the contract, 1 year, 2 years, or whatever to allow yourself enough time to follow through.

We will ensure that the owner of the home you are Lease Purchasing from is the actual owner on record. We will make sure that their mortgage is current and they aren’t behind on payments prior to you signing a deal.

The fastest way to get into your Rent-To-Own home is to call us or by going to our Contact Us link. We would be glad to give you more information and answer any questions you may have.

Note:  If You have any collections, those will All need to be paid in full or removed prior to getting a loan.  No lender will approve a loan if a buyer has any collections.  If you only have a $1000 worth of collections then it may be manageable for you to pay those off in a few months with enough time prior to the end of your Rent To Own term.

If you have a significant amount of collections then it is likely that a Rent To Own is not for you.  It would be recommended to talk to a Bankruptcy attorney and see if that might be a better path for you to get a fresh start.  Once you have a clear projection of when obtaining a Traditional loan is feasible, then pursuing a Rent To Own would make sense at that time.

Rent To Own Program Details

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$9,800,000
Land For Sale
Active
1,783.06
ACRES
EL PASO
COUNTY
14050 Bradley Road
Colorado Springs, CO 80928
 
$9,625,000
Land For Sale
Active
2,010
ACRES
TELLER
COUNTY
9615 W Highway 24 Highway
Divide, CO 80814
Pikes Peak Area Subdivision
$9,500,000
Single Family For Sale
Active
6
BED
5
TOTAL BATHS
8,372
SQFT
2677 Siloam Road
Pueblo, CO 81023
Wetmore Subdivision
$8,750,000
Single Family For Sale
Active
7
BED
9
TOTAL BATHS
13,555
SQFT
14065 Highway 83
Colorado Springs, CO 80921
Metes & Bounds Subdivision
$8,000,000
Single Family For Sale
Active
6
BED
8
TOTAL BATHS
16,594
SQFT
22 Crossland Road
Colorado Springs, CO 80906
Broadmoor Subdivision
$6,500,000
Single Family For Sale
Active
6
BED
8
TOTAL BATHS
14,431
SQFT
12795 Oak Cliff Way
Colorado Springs, CO 80908
New Breed Ranch Subdivision
$6,350,000
Land For Sale
Active
1,415
ACRES
TELLER
COUNTY
00 W Highway 24 Highway
Divide, CO 80814
Florissant Canyon Subdivision
Price Change - 2 weeks ago
$5,999,000
Land For Sale
Active
1,353.46
ACRES
TELLER
COUNTY
Edlowe Road
Woodland Park, CO 80863
Catamount Subdivision
New Listing - yesterday
$5,200,000
Single Family For Sale
Active
8
BED
11
TOTAL BATHS
15,643
SQFT
14345 Millhaven Place
Colorado Springs, CO 80908
Cathedral Pines Subdivision
New Listing - 2 weeks online
$4,900,000
Single Family For Sale
Active
5
BED
7
TOTAL BATHS
13,568
SQFT
66500 Being Verified Highway
Westcliffe, CO 81252
Town of Westcliffe Subdivision
$4,600,000
Land For Sale
Active
760
ACRES
EL PASO
COUNTY
Jones Road
Peyton, CO 80831
Rural Ellicott Subdivision
$4,500,000
Commercial For Sale
Active
9.92
ACRES
EL PASO
COUNTY
8035 Vollmer Place
Colorado Springs, CO 80908
 
$3,950,000
Single Family For Sale
Active
9
BED
10
TOTAL BATHS
15,700
SQFT
44 Polo Drive
Colorado Springs, CO 80906
Broadmoor Subdivision
New Listing - 2 weeks online
$3,950,000
Land For Sale
Active
2,946.75
ACRES
PARK
COUNTY
3193 County 71 Road
Guffey, CO 80820
Guffey Subdivision
$3,900,000
Commercial For Sale
Active
1.72
ACRES
EL PASO
COUNTY
3104 N Nevada Avenue
Colorado Springs, CO 80907
 
$3,495,000
Single Family For Sale
Active
5
BED
8
TOTAL BATHS
9,773
SQFT
15376 Shadow Mountain Ranch Road
Larkspur, CO 80118
Shadow Mountain Ranch Subdivision
$3,449,000
Single Family For Sale
Active
6
BED
8
TOTAL BATHS
9,460
SQFT
16845 Roller Coaster Road
Colorado Springs, CO 80921
Zarkovacki Subdivision
$3,300,000
Single Family For Sale
Active
5
BED
8
TOTAL BATHS
9,780
SQFT
2254 Stratton Forest Heights
Colorado Springs, CO 80906
Stratton Forest Subdivision
New Listing - a week online
$3,295,000
Single Family For Sale
Active
5
BED
6
TOTAL BATHS
5,354
SQFT
990 Bear Ridge Road
Westcliffe, CO 81252
Dilley Ranch Subdivision
New Listing - 2 weeks online
$3,200,000
Single Family For Sale
Active
5
BED
8
TOTAL BATHS
9,000
SQFT
8262 Airpark Heights #LOT 4
Peyton, CO 80831
Meadow Lake Airport Subdivision
$3,150,000
Commercial For Sale
Active
PUEBLO
COUNTY
67 N Silicon Drive
Pueblo West, CO 81007
Pueblo West Subdivision
Price Change - 3 days ago
$3,100,000
Single Family For Sale
Active
5
BED
5
TOTAL BATHS
7,545
SQFT
2017 County 1 Road
Cripple Creek, CO 80813
Bernard Creek Subdivision
$3,000,000
Land For Sale
Active
19.66
ACRES
EL PASO
COUNTY
2650 Wheeler Avenue
Colorado Springs, CO 80904
Anthony Bott Subdivision
$3,000,000
Single Family For Sale
Active
11
BED
5
TOTAL BATHS
14,003
SQFT
47007 County 53 Road
Bennett, CO 80102
Bennett Subdivision
New Listing - 3 days online
$2,990,000
Single Family For Sale
Active
6
BED
8
TOTAL BATHS
12,252
SQFT
1915 Fox Mountain Point
Colorado Springs, CO 80906
Stratton Preserve Subdivision
$2,950,000
Single Family For Sale
Active
5
BED
9
TOTAL BATHS
11,906
SQFT
4915 Canyon Meadows View
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
New Listing - yesterday
$2,950,000
Single Family For Sale
Active
3
BED
3
TOTAL BATHS
2,854
SQFT
5714 County 111 Road
Westcliffe, CO 81252
Other Counties Subdivision
New Listing - a week online
$2,950,000
Single Family For Sale
Active
4
BED
3
TOTAL BATHS
4,455
SQFT
26550 Being Verified Highway
Lake George, CO 80827
Wilkerson Pass Estates Subdivision
$2,900,000
Land For Sale
Active
1,025
ACRES
PARK
COUNTY
County 23 Road
Hartsel, CO 80449
Hartsel Subdivision
$2,900,000
Single Family For Sale
Active
5
BED
10
TOTAL BATHS
12,058
SQFT
4705 Broadlake View
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$2,899,000
Land For Sale
Active
702.6
ACRES
FREMONT
COUNTY
50542 Highway 50 Highway
Canon City, CO 81212
Fremont County Subdivision
$2,875,000
Single Family For Sale
Active
4
BED
4
TOTAL BATHS
4,162
SQFT
60 N County 67 Highway
Sedalia, CO 80135
Metes & Bounds Subdivision
$2,850,000
Single Family For Sale
Active
6
BED
6
TOTAL BATHS
7,418
SQFT
2940 Canon Ridge Road
Castle Rock, CO 80104
Stone Canon Ranch Subdivision
$2,800,000
Land For Sale
Active
124.84
ACRES
DOUGLAS
COUNTY
6244 N Crowfoot Valley Road
Parker, CO 80134
Castle Rock Subdivision
$2,800,000
Single Family For Sale
Active
4
BED
5
TOTAL BATHS
7,933
SQFT
3560 Sebastian Heights
Colorado Springs, CO 80906
Broadmoor Subdivision
$2,750,000
Land For Sale
Active
87.2
ACRES
EL PASO
COUNTY
5 N Marksheffel Road
Colorado Springs, CO 80918
Unknown Subdivision
$2,750,000
Single Family For Sale
Active
5
BED
8
TOTAL BATHS
10,550
SQFT
31 Broadmoor Avenue
Colorado Springs, CO 80906
Broadmoor Subdivision
New Listing - 2 weeks online
$2,750,000
Single Family For Sale
Active
3
BED
5
TOTAL BATHS
12,305
SQFT
200 Equinox Drive
Castle Rock, CO 80108
Castle Pines Village Subdivision
$2,715,000
Land For Sale
Active
1,086
ACRES
PARK
COUNTY
County 335 Road
Hartsel, CO 80449
Hartsel Subdivision
$2,700,000
Land For Sale
Active
333.94
ACRES
EL PASO
COUNTY
Mcclelland Road
Calhan, CO 80808
Unknown Subdivision
$2,600,000
Single Family For Sale
Active
5
BED
5
TOTAL BATHS
6,361
SQFT
4409 Triple Eagle Trail
Larkspur, CO 80118
The Timber Subdivision
$2,500,000
Single Family For Sale
Active
5
BED
5
TOTAL BATHS
7,465
SQFT
4687a W Highway 24 Highway
Florissant, CO 80816
Florissant Canyon Subdivision
$2,500,000
Single Family For Sale
Active
4
BED
4
TOTAL BATHS
6,127
SQFT
8751 E Palmer Divide Avenue
Larkspur, CO 80118
 
$2,500,000
Single Family For Sale
Active
5
BED
6
TOTAL BATHS
8,961
SQFT
2505 Stratton Forest Heights
Colorado Springs, CO 80906
Stratton Forest Subdivision
$2,500,000
Land For Sale
Active
44.58
ACRES
DOUGLAS
COUNTY
Clarkes Circle
Castle Rock, CO 80109
Twin Oaks Subdivision
$2,500,000
Single Family For Sale
Active
3
BED
5
TOTAL BATHS
4,045
SQFT
11 Thayer Road
Colorado Springs, CO 80906
Broadmoor Heights Subdivision
$2,500,000
Single Family For Sale
Active
4
BED
5
TOTAL BATHS
7,390
SQFT
10780 S Forest Drive
Colorado Springs, CO 80908
Prospect Point Subdivision
New Listing - 3 weeks online
$2,500,000
Single Family For Sale
Active
6
BED
4
TOTAL BATHS
8,396
SQFT
380 Glenway Street
Palmer Lake, CO 80133
Palmer Lake Subdivision
Price Change - 2 weeks ago
$2,499,999
Single Family For Sale
Active
5
BED
8
TOTAL BATHS
7,616
SQFT
9415 Arabian Run
Franktown, CO 80116
Meadows at Castlewood Subdivision
$2,495,000
Single Family For Sale
Active
4
BED
10
TOTAL BATHS
11,113
SQFT
12735 Bridle Bit Road
Colorado Springs, CO 80908
Bridle Bit Ranch Subdivision
$2,459,000
Single Family For Sale
Active
5
BED
5
TOTAL BATHS
6,147
SQFT
3131 E Palmer Divide Avenue
Larkspur, CO 80118
Larkspur Subdivision
$2,450,000
Single Family For Sale
Active
6
BED
8
TOTAL BATHS
10,220
SQFT
48 Pourtales Road
Colorado Springs, CO 80906
Broadmoor Subdivision
$2,450,000
Single Family For Sale
Active
5
BED
3
TOTAL BATHS
4,446
SQFT
8597 Highway 165
Pueblo, CO 81069
Pueblo County Subdivision
$2,300,000
Single Family For Sale
Active
5
BED
7
TOTAL BATHS
10,421
SQFT
15547 Open Sky Way
Colorado Springs, CO 80908
High Forest Ranch Subdivision
$2,295,000
Single Family For Sale
Active
4
BED
5
TOTAL BATHS
7,384
SQFT
69 Marland Place
Colorado Springs, CO 80906
Broadmoor Subdivision
$2,295,000
Land For Sale
Active
570
ACRES
TELLER
COUNTY
Tbd County 12 Road
Florissant, CO 80816
Beasley Hills Subdivision
New Listing - 3 weeks online
$2,280,000
Single Family For Sale
Active
4
BED
7
TOTAL BATHS
9,967
SQFT
3045 Pegasus Drive
Colorado Springs, CO 80906
Broadmoor Subdivision
$2,250,000
Single Family For Sale
Active
6
BED
8
TOTAL BATHS
10,573
SQFT
4235 Stone Manor Heights
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$2,250,000
Land For Sale
Active
2,695
ACRES
BACA
COUNTY
County 1 Road
Walsh, CO 81090
Unknown Subdivision
$2,250,000
Single Family For Sale
Active
5
BED
6
TOTAL BATHS
7,761
SQFT
1530 Northfield Road
Colorado Springs, CO 80919
Woodmen Valley Subdivision

Call Jerrod Butler
719-425-9474

Jerrod Butler,
Realtor®, GRI, ABR®, MRP
[email protected]
  • Yelp Reviews

    Wish Property Group
    5.0
    Based on 1 Reviews
    Derik H.
    Derik H.
    2017-11-22 14:08:31
    Jerrod was awesome to work with! I can't even start to explain how to say "DONT HIRE ANYONE ELSE". Im just glad I picked Jerrod to sell my home. It was a...
    Paul M.
    Paul M.
    2017-11-19 19:55:54
    Jerrod is the best realtor, easy to work with and really understanding.He was able to go over-board to make sure that I get a home that I was happy and for...
    Edwin R.
    Edwin R.
    2017-09-14 15:31:32
    Jerrod was really great to work with, we highly recommend him. When we were interviewing prospective realtors, Jerrod was one of the many we contacted. In...
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