WELCOME TO A NEW PATH TO HOMEOWNERSHIP
Are you close to being able to buy a home but aren’t quite ready? Did you just move to the Greater Seattle Area and aren’t sure where you want to live? Do you need to rent right now but really want to buy a home in a couple of years? Home Partners’ Lease with a Right to Purchase Program may be right for you.
HOW THE PROGRAM WORKS
You can apply to the program on the Home Partners of America website, and if you’re approved, we will help you find the home you want in Home Partners’ program. Home Partners will buy the home and rent it to you, and you will have 3-5 years of rent certainty with only a one-year financial commitment on the lease.
Most importantly, you can purchase the home you selected from Home Partners at a price established when you enter the Right to Purchase Agreement, in accordance with the terms of the Agreement.
This is an exciting opportunity for prospective homeowners, and we encourage you to consider completing an application to the Lease with a Right to Purchase Program.
Information on Home Partners' website is not guaranteed, is provided exclusively for user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which users may be interested. Home Partners is not a mortgage company, does not have any obligation to provide and does not provide financing and cannot guarantee or in any way assure that a resident will be able to obtain a mortgage if and when he/she wishes to exercise the Right to Purchase.
******Lease to Own has been discontinued*******
Down Payment Assistance
What Is Down Payment Assistance? Down payment assistance (DPA) refers to programs — offered by state agencies, local governments, nonprofits, and employers — that help homebuyers cover the upfront cost of purchasing a home. In the Seattle area, where home prices are among the highest in the country, these programs can be the difference between renting indefinitely and owning your own home. Assistance can come in several forms: Grants — money you don't have to repay Forgivable loans — loans forgiven after you stay in the home a set number of years Deferred-payment loans — no payments due until you sell, refinance, or pay off the home Matched savings programs — your savings are matched dollar-for-dollar up to a cap Many buyers don't realize they qualify. Check your eligibility here — the search takes just a few minutes and there's no cost or commitment.
Check to see if you qualify for Down Payment Assistance