I will often get questions about rent to own from clients who don't qualify for a mortgage right now. There are three reasons that you might not qualify for a mortgage and are considering rent to own.
1. You have issues with your credit (bad credit)
2. You haven't saved your down payment yet
3. You income is not verifiable, that is you earn enough income to afford the payments but the bank doesn't look at your income the same way.

I review these reasons why you might consider rent to own, I also talk about whether rent to own is good or bad. I discuss the benefits and advantages for rent to own as well as the disadvantages.

Connect with me at https://MyMortgageBroker.com/AboutUs

Check Your Credit. Before you start your home search, you should know your credit score. You can get (and track) your credit score here without lowering it: https://mymortgagebroker.com/getyour...

If you have some issues from the past, it's important to improve your credit so that you can qualify to purchase a home and also qualify for lower interest rates when you apply for loans.
Repair Your Credit here: https://mymortgagebroker.com/debtrehab

Don't need a mortgage? Looking for a personal loan instead? Visit this website:
https://mymortgagebroker.com/loanapp...

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