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.
Household finds a Home Partners qualified home.
Home Partners buys the qualified home, household leases from Home Partners.
Household has the right to purchase the home.
|Standard Residential Lease||Home Partners Lease with a Right to Purchase|
|Sign A Lease|
|Financial Commitment Limited to 1 Year|
|Security Deposit Required|
|Rental Rate Certainty||Typically 1-2 Years||5 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