Frequently Asked Questions

Our program is completely opposite to the traditional Rent to Own method that most people are more familiar with. Instead, we actually guarantee homeownership within the first 60 days of moving into your new home. The first step is confirming your ability to qualify so that we can better determine your options based on your Debt-to-Income Ratio. This is why "showing options are based on your ability to qualify". Weird I know but we have NO Application Fees & there's no obligation to move forward either, so you can walk away at any time. As a courtesy, we match your qualifications with every available home that fits what you're looking for from both Open Market Homes and our Private Listing Homes as well. Which are exclusive to our Clients alone. It's important to note that depending on your overall situation, this process can take roughly 4-6 weeks before getting you moved into your new home. Everyone's situation is a bit different but we always do whatever we can in order to get you into a home and to Closing, as efficiently as possible.  

Please first review our eligibility requirements before applying. Our fee-free application can be completed online at https://rent2ownutah.net/apply-today-risk-free or by scrolling to the top of the page and selecting the "Apply Now" page.  If you would rather apply by phone or in-person, please Call/Text #1(801) 389-0501. 

Yes! We understand that life happens and acknowledge how flawed the credit reporting matrix system is. We welcome all credit types. We always advise everyone to take advantage of the "Experian Boost" feature offered by Experian. Please refer to the following link: https://www.experian.com/consumer-products/score-boost.html. In some cases, opening a new credit card will help as well but only if you can maintain a reporting balance of $10 or less.  

Eligibility requirements can be found at https://rent2ownutah.net/eligibility or by scrolling to the top of the page and selecting the "Eligibility" page.

No. This program is a Fee Free Service.

It s case by case. We CANNOT accommodate turnaround times of 30 days or less. This process typically takes 4-8 weeks.

No.  We only offer "Rent to Own / Purchase Only" Homes. Our program is strictly designed for those who are interested in becoming Homeowners. 

No because we do not collect rent payments nor require any sort of "Lease Agreement". We put all our focus into helping you buy a home as quickly as possible. For example, after we secure your ability to qualify and you move forward with the home of your choice. Your first house payment wouldn't be due until 45 days after your Closing Date and that house payment, would be a Mortgage Payment. Which would be made to the lender that we got you approved for financing through.  

No. We can help get you qualified for No Money Down options. 

It's case by case. Typically though, no. If our in-house specialist determines the need for a Security Deposit then it will be a one-time & fully refundable amount of no more than $500 but as low as $99 (this is per household NOT per person). In turn, though, the deposit is refunded after you move into your new home.     

For more information, please contact our Client Relations Specialist at #1(801) 389-0501.  

No. We are facilitators for Utah Lenders. We make the lender fight for you! That way, you receive the best possible loan options available and the lowest interest rate possible. 

No problem! After you have made 12 months of on-time payments towards your settlement, we can start working on getting you qualified.  During which time is it is imperative that you do not have new Non-Medical debt sent to collections.  If in the case you do get sent to collections after a Bankruptcy, pay it off immediately and if requested at the time of payment, some creditors will even delete it from your credit report.  It is also imperative to keep you Debt to Income Ratio in mind, when acquiring new debt after a Bankruptcy. Often purchasing a new car, will prevent you from being able to qualify for a home in a timely manner. If you get a credit card, do not allow the balance to exceed $10 during the first 3 months. Your reporting balance should be less than 22% of your credit limit.  Please note that the process for approval will take a bit longer because your Trustee and a Judge will have final say on your approval but we will do whatever is within our power to have you out house hunting within 60 days or less. 

Yes, but there is a 21-month wait after your Discharge Date. During which time is it is imperative that you do not have new Non-Medical debt sent to collections.  If in the case you do get sent to collections after a Bankruptcy, pay it off immediately and if requested at the time of payment, some creditors will even delete it from your credit report.  It is also imperative to keep your Debt to Income Ratio in mind when acquiring new debt after a Bankruptcy. Often purchasing a new car, will prevent you from being able to qualify for a home in a timely manner. If you get a credit card, do not allow the balance to exceed $10 during the first 3 months. Your reporting balance should be less than 22% of your credit limit.