| Lease Purchase Homes |
Frequently Asked Questions
How much money do I need to put down?
closing cost?
What does my credit score need to be to lease
purchase?
I don't really want to buy a house, can I just rent one of
these homes?
When do I need to close on my loan?
Do I have to have "perfect credit"?
How much money do I need to put down?
- Depending on credit, usually $500.00. Seller will
look at on an individual basis!
closing cost?
- Yes, and No. The seller will pay up to 3% closing
cost when you close on the loan, that is a "rental
credit".
What does my credit score need to be to lease
purchase?
- Around 590, we will look at your overall financial
picture.
I don't really want to buy a house, can I just rent one of
these homes?
- No, Our program has been created to help you
become a homeowner, NOT a renter.
When do I need to close on my loan?
- As soon as the lender says you are ready.
(Usually 4 - 6 months, sometimes it takes longer.)
Do I have to have "perfect credit"?
- There are VERY FEW folks who have perfect
credit. You do need to have a score of about 590
before you can move in.
All existing homes shown on our sales grid are
available for Lease Purchase.
Payments start at $950.00 per month.
Loan requirements, and interest rates can
change daily!
available for Lease Purchase.
Payments start at $950.00 per month.
Loan requirements, and interest rates can
change daily!
| EFFECTIVE February 14, 2012 |
| Credit Score must be about 590. |
| www.JerryButlerHomes.com |
| Click here for printable list. This is a large file, give it a minute to load. It has pictures, floor plans, measurements, payments, prices, directions, etc. Click Here for Lease Purchase Application After you fill this out, You can right click and save the file, (or scan) then send as an attachment through e-mail. or You can e-fax to: (615) 825-0066. Be sure and put who you have been talking to on the form, lines 53 & 54). Or you can click here for an online application. |
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