Lease Options

A lease option — also known as rent-to-own — is a flexible home purchase strategy that lets you rent and live in a home today while securing the exclusive right to buy it later, typically 1–3 years down the line.

Here’s how it works in simple terms:

• You sign a lease, just like a traditional rental.
   
• At the same time, you sign an option agreement, which locks in the home’s purchase price for the future.
   
• You pay an upfront option fee, which is applied toward your purchase when you buy.
   
• During the lease period, you can work toward qualifying for a mortgage, while living in the home you want.
   

It’s not a loan. It’s not a gimmick. It’s a structured path toward homeownership for people who are ready to move forward, even if they can’t get a mortgage today.