With this program, you choose the house you want to buy and you make your lease payments based on an FHA loan mortgage that is 30 years fixed, so the interest rate cannot change unless you refinance the mortgage.

You live and enjoy the house as your own because nobody can take it away from you. But the main difference is that while you are living in the house and making your monthly lease payments, you are gaining equity in the house. Same that a regular mortgage, a portion of your lease payment is used to lower the capital portion of the loan. Plus, if the house increase in value, then all that gain in price is 100% yours.

At any time, you can refinance the loan, assume it or even sale the house. No restrictions. For example if after 2 years you decide that you don't want that house any more, you can sell it for whatever the market value is at that moment. If the house went up $30,000 in price all that money is yours.

Who can Qualify?

1. Self employed individuals that don't show enough money on their taxes
2. ITIN
3. People with minimum 580 FICO score
4. Minimum down payment is 3.5% of the home value
5. People that were just discharged from a bankruptcy and/or foreclosure
6. People that were declined for a regular conventional mortgage by another lender