If you are like many Americans, you may no longer be able to qualify for a mortgage. Perhaps your credit is less than perfect, or perhaps you have only been self employed for a short time. Whatever the reason, your inability to qualify does not mean that owning a home is not important to you.

You may be considering a Rent to Own, Lease Purchase, Lease Option and Owner Financing transaction as a viable alternative to conventional financing.

This is a great alternative if owning a home is truly important to you. But, if you dont start doing what it takes to qualify for a home right away, a Lease Purchase can be a financial disaster.

Most everyone understands that a good credit score is the single most important factor in determining your loan approval. Unlike a few years back, in today