How it Works
Overview
- Prospective Household applies for approval.
- Household works with Metrowest Real Estate to find a qualified home (over 1,500 in Denver metro)
- Buyer Partner purchases the qualified home, household leases home back.
- Household has the right to purchase the home (for 1 to 5 years), but no obligation to buy.
Basic Requirements to Qualify Rent To Own
- Annual household income of $65,000+
- Minimum Credit Score 620
- Rental rates starting at $2,000 per month
- Stable employment
- No history of eviction or other landlord issues
- No pending bankruptcy
- No disqualifying criminal history