THIS IS NOT YOUR TYPICAL RENTAL. When the banks say no, we can say YES. If you are just looking to rent, this home is not for you. It is being offered as a Lease Purchase/Owner Financing which is perfect for someone that wants to buy a home but cannot yet qualify for a traditional mortgage for whatever reason. Bad credit is OK and down payment assistance is available. All our homes are figured on a 30 year mortgages at an interest rate of 6-8%. DOWN PAYMENT ASSISTANCE: We accept borrowed funds for closing. You may also be eligible to withdraw from your pension (or your 401K plan). If you only have part of the required down payment, we may accept the difference in additional monthly payments. 100% of your down payment comes o? the purchase price and secures your exclusive right to buy the home. STARTING POINT makes becoming a homeowner SIMPLE. Purchase Price: $145,000 Down Payment 5% ($7,250) Monthly payment $1250 Contact us to schedule a showing.
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