The team here at 411Renting2OwnSTL.com have been helping people in the surrounding St Louis area become homeowners everyday. We will help you get into your dream home even if your credit isn't great and you can't get approved for a loan right now. The goal of this video is to explain to you how our rent-to-own program works so you can determine if it's right for you and your family.

So here's how it works...

When you find the home you want, instead of putting down a security deposit, you will make a DOWN PAYMENT of anywhere from 3% to 7% of the purchase price. All of your down payment goes toward the purchase of your new home when you buy the property. This down payment ensures that you are the only person with the ability to buy the property AND, that the agreed upon price will not change within the time of the lease. This down payment is also called an "OPTION FEE."

You will then move in and lease the property while you work on re-building your credit and getting a loan approved to purchase the home. The lease is generally an 18 month term but will sometimes go as long as 24 months. The first month's rent is due before you move in.

Challenged Credit is Okay for a Rent-To-Own! We also have excellent credit repair, and mortgage loan referral contacts…let me know if you'd like me to send you their info. They are unique because they also own a mortgage company so they will know exactly how to help you get your loan approved.

Once your loan is approved you can purchase the home and you are now a home owner! Your days of throwing away money toward rent are gone!!!

Let's look at a hypothetical example with simple, easy-to-remember numbers...

Let's say you find a home you love with a purchase price of $100,000 and monthly rent of $1,000. Suppose you have $5,000 to put down. You can put down $4,000 as a down payment which would be 4% of the purchase price. You could then pay the first month's rent with the extra $1,000 and move into the home.

While you're living in the home you will work on getting a loan approved. The bank will see that you've already put down $4,000 or 4% so the loan would be for the remainder of the purchase price which is $96,000.

When the loan gets approved you purchase your new home without the hassle of having to move again, and the best part is that you don't pay any realtor commissions!

Here are just a few of the reasons why people LOVE our rent-to-own program:

• You can start living in your dream home before you have good credit and you won't have to move again when you purchase your home.

• You can purchase the property anytime within your lease period and the price will not change.

• Renting to own gives you plenty of time to shop around for a mortgage with the best interest rates so you can have the lowest monthly payments possible.

• The more you put down up front, the more flexible the seller can be on monthly rent, purchase price, and other terms.

• You won't have to pay expensive realtor commissions.

Just fill out the form below so we can get you on the right path to becoming a home owner. Remember, it is completely free and there is absolutely no obligation.