Program Summary

Home Partners provides responsible households a transparent path to homeownership through its Lease with a Right to Purchase Program. The program provides three to five years* of rent certainty with an initial financial commitment of just one year.

*In Texas, the maximum total lease term is 3 years.

How It Works

Prospective Household applies for approval
Prospective Household applies for approval.
Household finds a Home Partners qualified home
Household finds a Home Partners qualified home.
Home Partners buys the qualified home, household leases from Home Partners
Home Partners buys the qualified home, household leases from Home Partners.
Household has the right to purchase the home
Household has the right to purchase the home.

Advantages

Standard Residential LeaseHome Partners Lease with a Right to Purchase
Sign A Lease
Financial Commitment Limited to 1 Year
Security Deposit Required
Rental Rate CertaintyTypically 1-2 Years5 Years ( 3 Years in TX )
Right to Purchase
Mutual Responsibility to Maintain Home
Right to Purchase the Home at a Predetermined Price
Pick from Many* Homes Available

*Based on qualifying factors