Homeownership transcends being just a goal; it’s a route to generational wealth and financial security. But what if you are eager to buy but don’t qualify for conventional FHA or Non-QM loans?
That’s where the DreamBuilder program can help!
Our DreamBuilder program transforms renters into future homeowners through an innovative lease-to-own model that includes earned equity. This exceptional offering allows you to reside in their dream home, not merely as tenants, but as prospective homeowners, accruing equity over time.
The DreamBuilder – Lease-to-own program comes with many benefits, particularly for those who might not be ready for traditional home buying or are working towards improving their financial situation. Here are some key advantages:
- Path to Homeownership:
- Credit Improvement: Gives you time to build or repair credit over time and not lose our on not building equity.
- Equity Accumulation: Pay down principal and access market appreciation, building equity over time.
- Time to Prepare for Home Buying:
- Lock in Purchase Price: The price at which you can buy the home is agreed upon at the start, potentially protecting you from future market increases.
- Market Conditions:
- Hedge Against Inflation: If property values rise, you’re locked into a purchase price set at the beginning of the lease.
- Stability in Uncertain Times: Provides a stable living situation in fluctuating housing markets or for those with variable income.
The DreamBuilder program offers a distinctive chance where an FHA-eligible government entity completes a purchase transaction. This entity then enters into a lease-to-own arrangement or a long-term purchase agreement, or structured financing agreement, with qualified Homebuyers. This setup enables future Homebuyers to eventually buy the property but not lose out on home appreciation and debt balance reduction while in the home.
Want to find out if you qualify today?
And we will reach back out to you ASAP!
For more information check the EEP (Earned Equity Program) Page