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Renters

You may qualify for the Lease with a Right to Purchase program through Home Partners of America. This program is intended to provide qualified individuals who are not ready to buy today with a clear path to homeownership in the near future.

Making Homeownership a Reality for More People. With the help of the Russ Pence Team at RE/MAX Alliance DTC, you can find a home in a community where you want to live and lease the property for up to 5 years. You have the option of purchasing the home at any time during your residency. You have the right to purchase the home or the option of walking away without penalty at the end of your lease, and you are only obligated to a 1 YEAR LEASE term at a time, with a right to renew your lease for up to 5 years.

It’s a great option if you:

  • Want to live in a single-family home, in a great community with quality schools
  • Are a first-time homebuyer who’s cautious about buying a home now, but may want to buy in the future
  • Are a home seeker in the process of relocating but aren’t sure where you want to settle down
  • Can’t obtain a mortgage right now

The process is simple and transparent!

 

 

Resident Criteria

Annual household income of at least $50,000, stable employment, no recent history of eviction, no pending bankruptcy, do disqualifying criminal history.

Property Criteria

Single-family home or fee-simple townhome, list price between $100,000 and $500,000, no condo associations, commercial or multi-family properties, HOAs allowable on a case by case basis. More Info

Application

Every household must provide- full application from everyone 18+ years old, application fee ($75 total per household), supporting documents, income verification, and asset verification (equal to 2 months of rent). Apply for Approval

Find a Home

Your can search for qualified homes on the HPA “Find a Home” page using the link below. Search by Metro Area, City, High School, ZIP, County, Address, or MLS #. You can also narrow your search by- home type, price, bedrooms, bathrooms, and more. Find a Home

FAQs

Q.1) What is the Lease with a Right to Purchase Program? A.1) Our Lease with a Right to Purchase Program (the “RTP Program”) allows you to find a home that you want to rent from us initially, but who may also like to buy at any time within the next three to five years. More FAQs

How it Works

Here's an video overview of how the Home Partners' Lease with a Right to Purchase Program process works, from prequalification to application to approval to home close. How it Works Video

Lease it. Love it? Buy it!

READY TO START YOUR HOME SEARCH?

Contact us to learn more about this program that allows you to select a home that is for sale, rent it, and have the right to purchase that home for a pre-set price.

Please fill out the adjacent form to request a your own personalized program consultation.