Program Qualifiers
- Single-family home or fee-simple townhome located in one of our approved communities.
- The list price must be no more than Home Partners metro's maximum purchase price, and the property must have 2 or more above-grade bedrooms on a lot of 2 acres or less.
- $40,000+ of verifiable annual household income
- No open chapter 7 bankruptcy
- No disqualifying criminal history
- A minimum of 45 days from date of application approval to move-in
Additional Program Details
1. Get Approved: start your journey home with a quick and free prequalification form and see if the program is right for you! Then, apply with no impact on your credit.
2. Find a Home You Love: search for a home listed for sale. You can work with your agent, or we’ll connect you with one. We show you the rents and purchase prices upfront, so there are no surprises (property qualification criteria apply).
3. We Buy the Home: we will make a cash offer on an eligible home of your choice. If successful, you sign a 1-year lease and get ready to move in.
4. Rent and Decide: enjoy your new home with the peace of mind of 5 years of guaranteed rent (3 years in Texas). You can buy your home at any point. At the end of your lease term, you can renew, or simply walk away with no penalties.
Consumer Benefits
- Flexibility: we understand that owning a home is a big decision. Start by renting your dream home and buy at any point. Or simply walk away with no penalties.
- Choice: unlock access to hundreds of homes for sale and find the one that is right for you. With us, your options are open, and the choice is yours.
- Transparency: what you see is what you get! The rents listed are what you pay, no matter what. Plan ahead with rents and a purchase price that are guaranteed for 5 years (3 years in Texas).
Agent Benefits
- Great option for your clients who aren't ready for a mortgage.
- Get your clients into their dream home now without a mortgage or down payment. Plan ahead with 5 years (3 years in Texas) of locked-in rent amounts and purchase prices.
- Perfect for clients relocating to a new area to find a new neighborhood. They can test drive a community and home they want without the long-term commitment.
- If they're a first-time home buyer, they can try before they buy!