WELCOME TO A NEW PATH TO HOMEOWNERSHIP

Are you close to being able to buy a home but just aren’t quite ready?

Are you new to the Dallas/Fort Worth area and aren’t sure where you want to live?

Would you like to test drive a home before you Purchase it in a couple years?

Home Partners’ Lease with a Right to Purchase Program may be right for you.

 

HOW THE PROGRAM WORKS

Application   Apply for approval Apply for Approval

Prospective residents start the process by filling out a Pre-Qualification Application that checks key issues.*

*Anyone who is 18 years or older and will reside in the home must complete both the Pre-Qualification and the Full Application.

If the Pre-Qualification Application is approved, the applicant will be required to submit a Full Application for a full credit and background check.

If a Full Application is approved, Home Partners will outline the maximum Monthly Rent of the home for which the prospective resident qualifies. (Click here for The Math )

 

Find A Home    Find a qualified home Find a Home

Prospective residents will work with a REALTOR® to find a home in an approved community. (See Communities)

Once a home is identified and approved by Home Partners, Home Partners will attempt to purchase the home- the outcome of which will depend on certain conditions being met such as agreeing on a purchase price with the seller, a satisfactory inspection, attorney review of the purchase contract, and other closing conditions being satisfied.

To see if a home not listed on the website is approved, please visit our address checker at: addresscheck.homepartners.com

Agreements and Deposit   Home Partners buys the qualified home,

household leases the home

Prospective residents will be required to sign a one year Lease for the home as well as Right to Purchase Agreement.(Lease, Deposit details and Escrow)

 

Right to Purchase   Household has right to purchase the home

We buy the home. You lease it and have the right to buy it later if you want to. Right to purchase agreement, maintence adjustment in purchase price




 

Participation in Home Partners' program is available solely for consumer purposes and subject to approval. To exercise a Right to Purchase after entering into a lease, a resident must obtain their own financing such as a mortgage loan from a third party lender or pay cash. Home Partners is not a mortgage company, does not have any obligation to provide or arrange a mortgage loan, and cannot guarantee that a resident will be able to obtain a mortgage loan.