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Find Rent to Own Homes In Michigan
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START HERE: Michigan Rent To Own Home List
Bad or NO Credit? We Have Rent-to-Own Homes in Michigan Available For You!
A rent to own (or lease option) is a great way to get into a home when bank financing just won’t work. Learn more…
If you’re tired of renting, and you want to own a home but your credit, lack of down payment, or income hold you back from qualifying for a normal bank loan… a “rent to own”, often called “lease option” or “lease purchase” may be a great fit for you.
We specialize in helping Michigan residents earn the satisfaction of being a home owner through our Rent To Own Home Program.
JMAC Group, LLC offers great rent-to-own houses and apartments in and around Michigan… in conjunction with our help to get your credit up so you can purchase the home in as short of a timeline as possible.
Want to know when the best properties hit the market?
What Are The Types Of Rent To Own / Lease Option Houses In Michigan We Offer?
We acquire houses every month from homeowners who need to sell for one reason or another. Often times we remodel the homes to bring them up to date and up to insanely great shape for a new rent to own tenant / buyer like yourself to move into.
The types of houses we tend to offer on our Michigan Rent To Own Home Program include…
- 2 bedroom – 4 bedroom homes
- 1,400 – 2,500 square feet
- Updated kitchens and bathrooms
- Often times many upgrades
Each rent to own house is different, so there’s definitely the perfect rent to own house out there for you.
Still have questions? Check out our Frequently Asked Questions Page →
Our local rent to own homes are move-in ready, in good neighborhoods, and often freshly updated. Inquire with us on this site for available properties.
How Does A Rent To Own / Lease Option Work Anyway?
A rent-to-own (also known as a lease/option) agreement might be right for you!
It’s easier than you think – and we can help.
The rent to own process is really pretty straightforward.
Step 1: Submit your info on this website to create a FREE account and let us know the type of house you’re looking for.
Step 2: We’ll look at your situation, the type of property you’re looking for, and show you your rent-to-own options here in Michigan.
Step 3: View the local Michigan homes that fit what you’re looking for.
Plus, as we acquire new properties each month, as long as you’re on our Rent To Own / Lease Option List, you’ll get email alerts with the latest properties available.
START below and see our available Rent to Own Homes in Michigan!
Rent To Own Programs Mentioned In…
What is required to qualify for a lease purchase property?
Great question!! When you apply for a lease purchase property, there are some main items that are being reviewed and that are being looked for:
- A Down payment - amount to be agreed upon by you and the landlord/seller
- Debt to Income Ratio Analysis - We will make certain the lease payments along with you future mortgage payments are within your budget and meet the lender underwriting guidelines. For this step you will need to provide your income documentation
- Credit report score to be above minimum underwriting standards or you must be enrolled in credit restoration / enhancement
Terms of credit during rental period dependent on agreement with homeowner. Terms of credit may affect ability to qualify for home loan at end of lease period.