Thinking About Buying a Home?
Wondering if you’ll ever be able to escape the cycle of renting and purchase a home of your own? Discover how the Lease with Purchase Option Program from B&M Equities LLC can provide that opportunity for you!
B&M Equities LLC’s Lease with Purchase Option Program allows you to lease one of our properties while taking steps toward buying your home. It’s a bridge to homeownership that makes buying a house simple and convenient.
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At B&M Equities LLC, we understand how difficult it can be to purchase a home when you have extenuating circumstances. Maybe your credit score is lower than you would like or perhaps you have been denied in the past. Maybe you haven’t saved up money for the downpayment or just don’t know where to start.
Whatever the case may be, our Lease with Purchase Option Program is designed to give you the option of purchasing your home and stop losing all your monthly investments to rent. You can choose to pay an option fee (which reduces your monthly payment), or you can choose not to.
If you choose to pay an option fee, that payment will go toward the purchase of the home. You can buy the property at any time during the lease period. You can complete the term of your lease and decide not to purchase the home. The choice is entirely up to you!
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When you sign on, you can pay an option fee. We will lower your monthly payment in proportion to the option fee amount you choose.
The second part of the program applies regardless of whether you choose to pay the option fee or not. You can exercise your option to buy at any time during the lease period.
For example, if you choose to pay $3,600, we will lower your monthly payment by $300. Plus, we’ll give you full credit for the amount of the fee you pay.
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Monthly lease payment : $1,550
Option fee paid : $3,600
Payment reduction for fee : $300
Payment after option fee : $1,250
If you decide to purchase the home, you will automatically have credit for the $3,600 applied to your down payment and $200 credit per lease payment made during the first year. This equates to $2,400 in closing cost credit in addition to the amount of the option fee you paid. It’s that simple!
Why Choose Our Lease with Purchase Option Program
You have three option fee payments to choose from: $1,200, $2,400, or $3,600. You can choose the option that best fits your financial situation.
In addition to lowering your payment, we will also give you full credit for the amount of the option fee you pay, so you get double credit for every dollar you pay!
Each month, your payments are reported to the Experian Rent Bureau to help establish on-time payment history.
All payments are automatically drafted from your account so you don’t have to remember to pay them.
The purchase price is fixed at the lease signing. This allows you to lock in today’s rates based on current market appraisal.
All leases are 12-month terms, giving you plenty of time to raise your credit score and determine whether the property could be your ideal forever home.
What Real Customers Say
“If you’re skeptical about lease to purchase, it’s worth it. It really is. Now we have this huge home and it’s ours.”
Pennie
"The process was extremely easy. We went in renting and after about a year, we opted to buy the house. It took 2 weeks at top. Super smooth."
Dallas