Front of tan suburban home with two car garage and green lawn

“There are many benefits to a rent to own agreement when it’s done with a reputable company like Summit City Investments, Inc.. We’re with you all along the way during the process. Read below to see how the process works!”

– Summit City Investments, Inc.

How Does A Lease With Purchase Home Agreement Work?

The rent to own process is actually pretty simple.

  1. Join our property list and tell us what type of home you’re looking for, your budget, etc (START with the form to the right)
  2. We’ll send you local Fort Wayne rent to own / lease option homes that fit your criteria.
  3. If you like a home and want to apply, you can apply here on our website.  Don’t worry – we help people with all kinds of credit and financial situations, and if you can afford the property, we can probably help you to own it.
  4. After you’re approved to rent the property, we’ll agree on a monthly rent amount and the future purchase terms.  Then just sign the documents and move on in!
  5. Move in and pay your rent payments on-time.  Use the time given to you to improve your credit or fix what’s holding you back from qualifying for a Mortgage.  Then at anytime during the rental agreement you can purchase the home.

How Long Are Rent To Own / Lease Option Terms?

Your lease/option agreement will spell out the length of time that you have to complete the purchase of the property – typically 1 to 3 years.

A Rent to Own / Lease Option allows you to move in now, and use the time given to improve your credit or other situations preventing you from qualifying for a Mortgage.  We can refer you to a Mortgage specialists to help you through this process.

That’s the process!

Once you’ve completed your Mortgage, you’re done – now you own your home!

First step – sign up to find great properties around Fort Wayne just by filling out the form on the upper right of this page.