4 steps from renting to owning
Rent-to-own, or lease-to-own, programs give you the opportunity to work towards homeownership while you rent. Here’s how it works with ADVA.
Step 1
Apply for free in 5 minutes
Getting prequalified is a simple and essential first step. It’s free, quick, and comes with no commitment or impact on your credit score. Begin your journey with ADVA today and discover how our expert guidance can transform your financial future and lead you to homeownership.
Step 2
Find your dream home
We will support you in the beginning of your search.
We don’t just support you with finding your home, we help you through the entire process until you find the home that is best for you.
Realtors will help you with the following:
– Home Search
– Home Inspection
– Submitting the Offer
– Home Appraisal
Step 3
Move into your dream home
Once you’ve chosen your home, we will negotiation the sales agreement and set up a home inspection. This ensures that your home is free of any significant issues and that any repair costs are within your allotted budget. Once the seller agrees to the proposed purchase price and the house has closed, you’ll begin your monthly payments, just like a traditional mortgage.
Step 4
Start saving for homeownership
Rent-to-own can be an excellent route to owning a home for individuals who may not have the financial means or credit scores to secure a traditional mortgage. One of the best ways to navigate the complex process is by using a realtor. Our Rent to Home team paired with a realtor will guide you through the entire process, from finding the right property to becoming a homeowner. With our expertise, you can confidently face the housing market and be on your way to achieving your dream of homeownership.