Home Partners

What is the Lease Purchase Program?

Find a home listed for sale that's right for you. We buy it and lease it to you with the peace of mind of locked-in rent amounts and purchase prices. Live in the home as a renter with the option to buy it at any point. At the end of your 1-year lease term, you can renew for another year or walk away with no penalties. No matter what you decide, we are your partner.

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Apply for approval

Answer 6 questions on our FREE Pre-Qualification Questionnaire to see if you meet the basic applicant criteria. If you pre-qualify, you are invited to complete the paid full application. This step includes uploading income verification documents, and a soft credit pull and background check on household members over 18 years of age.

We will notify you of a decision within 1-3 days business days.

See if You Pre-Qualify

Find an eligible home

After approval, we give you a maximum monthly rent amount. Work with your real estate agent to tour eligible homes listed for sale. Once you find a home you love, you complete a request form.

After completing the request form, your agent submits the home to us for review.

Basic Home Property Criteria

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We buy and lease it to you

We show you our Anticipated Terms with 5 years (3 years in Texas) of locked-in monthly rent amounts and Right to Purchase prices and estimated repair costs. After you approve our terms, we submit a competitive cash offer to buy the home. If the seller accepts, you sign a 1-year lease and Right to Purchase agreement.

On average, move-in will be 2 weeks after closing to accommodate any necessary repairs found during our home inspection.

Price Breakdown

Right to Purchase

You rent the home with the flexibility of a 1-year lease and the option to buy at any time. At the end of each lease term, you can choose to walk away without penalties, or you can renew your lease for another year. In total, you can rent the home for up to 5 years (3 years in Texas).

Right to Purchase Process

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Start My Journey

How We're Different

Home Partners empowers you to plan for your future with the security of 5 years (3 years in Texas) of locked-in rents and purchase prices.

With our Program, there are no hidden fees, non-refundable deposits, or unexpected price increases. If you choose not to exercise the Right to Purchase, there are no penalties. Buy, rent, or walk away, you decide.

TRADITIONAL
RENTAL
LEASE PURCHASE
PROGRAM

Choose any eligible home listed for sale
Commit to a one-year lease upfront
Pay a standard rental deposit
Rental rate certainty for five years*
Right to Purchase at a locked-in rate for five years*
Option to buy any time during the lease
No penalties for deciding not to purchase

*Three years in Texas

Is the Program Right for Me?

I'm not ready for a mortgage.

Get into your 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.

I'm relocating to a new area.

Finding a new neighborhood to move to isn't easy. Test drive a community and home you want without the long-term commitment.

I'm a first-time home buyer.

Buying your first home is a big decision. Try before you buy! Live in the home you want while deciding if it's right for you.

I'm looking to rent a great home.

More options! Unlock access to dozens of homes listed for sale. Expand your options to find a high-quality single-family home that may not be available on the rental market.

See if you pre-qualify for free

Is Home Partners in Your Area?

Use the search bar below to see if Lease Purchase is available in your metro.

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Living in Atlanta

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Eligible Homes in the Area

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Property Guide

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Pricing

We use your income documentation submitted with your application to calculate a maximum monthly rent amount to guide your home search.

Once you and your agent find a home within your maximum monthly rent, we show you 5 years (3 years in Texas) of locked-in rent and purchase prices.

Monthly rent amounts

For the next 5 years (3 years in Texas), your monthly rent is locked-in. Renew your lease with the security of knowing your rent amount ahead of time.

Right to Purchase prices

You can purchase the home anytime during your lease term. Each year, the Right to Purchase price increases to the pre-determined amount.

Questions about the Lease Purchase Program?

What is the basic applicant criteria for the Program?
To meet basic applicant criteria, you must have $40,000+ of verifiable annual household income, no open chapter 7 bankruptcy, no disqualifying criminal history, and a minimum of 45 days from date of application approval to move-in. After application submission, we also evaluate rent-to-income and debt-to-income ratios, FICO® scores, housing, employment, and criminal history.
FICO, the FICO Logo, and the FICO product and service names are trademarks and service marks or registered trademarks and service marks of Fair Isaac Corporation.
What is the basic property criteria for the Program?
An eligible property must be a 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.
Do I need to work with a real estate agent?
Yes! You can work with a licensed real estate agent of your choice. If you don't have an agent, sign up for the Program to get started, and we will connect you with an experienced agent in your area.
Click here to read more FAQs >

See What Our Residents Say

Watch their story
“We've been here a year and a half and he's still saying 'I love living here.' And we would not be in the home today if it weren't for Home Partners.”
Mike & Kim
Watch their story
“We're advocates for Home Partners. Anybody that's talking about renting or purchasing a house we always make it a point to tell them about this program.”
Vince & Rhonda

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