How much of my monthly rent is put toward down payment or closing costs?

Tia DiBenedetto | Nov 4, 2018 | Category: Real estate agency in Chicago, Illinois

Home Partners of America - All questions

Address: 120 S Riverside Plaza Suite 2000, Chicago, IL 60606, USA

Shavonne Blake-Morris | Nov 4, 2018

None of the rent goes to buying the home this program is lease with option to purchase

Dani Achim | Nov 4, 2018

Actually, none of the monthly rent goes towards the down payment or closing costs. It's a lease with an option to purchase program and not a rent to own situation. Let me know if you have any other questions. I work with the program frequently.

Jayme Cleveland | Nov 4, 2018

Tia , it.varies from state to state . For example in Nashville area min. Rent is 1250 per month.

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