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Rent To Own
Our easy qualifying program helps you purchase your own home by allowing you to rent it for a period of time before you buy. Plus, our mortgage experts help you every step of the way as you apply loan and save for a down payment.
Even if you’ve been told you don’t qualify for a mortgage, we can help you get an excellent rate.
You pay a small fee to lock down the home. This fee is much less than the typical 10 – 20% down payment required by some mortgage companies.
You pay a low monthly rent payment, plus a small monthly option fee. The best part is that your first time and monthly option fee go directly toward the down payment of your home. It’s like putting money in the bank.
In many cases, we will also make also monthly contributions which apply directly toward your down payment. We are willing to work with you in any way possible to make your desire of owning a home a reality.
Examples
Example 1
Down Payment - $2,500
Monthly Rent - $995
Monthly Option Fee - $200
Total saved toward down payment and closing costs after 24 months - $7,300
Example 2
Down Payment - $10,000
Monthly Rent - $995
Monthly Option Fee - $200
Platypus Homes Contribution - $100
Total saved toward down payment and closing costs after 24 months - $17,200
Example 3
Down Payment - $20,000
Monthly Rent - $995
Monthly Option Fee - $200
Platypus Homes Contribution - $200
Total saved toward down payment and closing costs after 24 months - $29,600
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