LEASE PURCHASE PROGRAM
Lease Purchase Your Way Towards Homeownership!
Quick & Easy Application
Low income and credit score requirements. Pay only one application fee per household. Approvals are fast!
We Help You Find a Home
Search from thousands of eligible homes that are currently listed for sale on Zillow, Trulia, Realtor.com, etc.
You Lease The Home
Lease the home for up to 5 years with no commitment to purchase after one year.
You Buy The Home
Buy the home at any time during your lease with a guaranteed home sales price.
About the Program
Woodland Realty is committed to finding alternative financing opportunities making homeownership a reality for more people. The Lease Purchase Program offers a clear path towards homeownership. The process is easy, transparent and built on a foundation of choice, flexibility and our promise to helping our clients find the best deals possible. Woodland Realty is helping more people get into homes in great neighborhoods with the opportunity to build a more secure financial future.
Many people want the benefits of home ownership however because of stringent lender requirements, many will not qualify right away.
Woodland Realty has partnered with programs that provide opportunities for people to move into a great home today that may not be available in the very tight and competitive rental market (like many homes).
How It Works
Prospective residents work with our office to find a home that's right for you. You can choose from a variety of homes in eligible communities and neighborhoods that fits within your budget and meet other program requirements.
Why It Works
This program works because it is dedicated to producing more homeowners for people who may not qualify for a traditional home loan. You're able to buy a home right away. The wait is over! Inquire today!
Read About These Success Stories:
Ann & Amy D.
We didn't know just how much having a new baby would affect our dreams of buying a house. Instead of putting it off, we were able to lease purchase the home of our dreams.
It's hard living on a teacher's salary let alone setting aside extra to save for a down payment. Lease purchasing was my only option. It has helped me buy my new home and save for a down payment.
I've owned my own business for several years now. Owning a business can do a number on your credit! I needed a new home and lease purchasing was the only option for me.
Here's How You Qualify:
550 minimum credit score
Minimum annual household income of $45,000
No open or pending chapter 7 bankruptcy
No evictions in the past 3 years
No apartment collections over $250
No landlord or utility related collections in the past 3 years
No collections accounts over $1,000
No felony convictions within the last 6 years
No sex offenders
If approved, you will not conduct a business out of the home.
There is a one-time household application fee of $75
$300 pet fee for up to 3 pets
The security deposit will equal 2x the monthly rental rate