[St. Charles, 06/21/2016] – FasterHouse is a real estate investment company that caters not only to buyers and sellers, but also renters. The company’s rent-to-own program is proof of this commitment.

From Renter to Owner

FasterHouse’s rent-to-own program is designed for those who still need to fulfill additional requirements before qualifying for financing. It involves a simple process: choosing a home from FasterHouse’s currently available properties in the rent-to-own portfolio, then submitting an application form.

Once an application is approved and the home chosen, the applicant will be made to sign a contract and pay an option fee. The specific amount is dependent on the specific home and strength of the application itself. It serves numerous purposes, but its most important one is securing the applicant’s exclusive right to buy the home during its lease period.

Applicants who subsequently qualify for financing will have the full amount of their option fee credited towards the home’s purchase and/or closing costs. What this means is that the applicant is able to build equity in the home during the wait for financing qualifications.

This rent-to-own scheme is ideal for people with different financial situations. Those in need of more time to save for a down payment, build new credit or clean up past records, or wait out specific time constraints required by lenders can find FasterHouse’s rent-to-own program extremely helpful.

Who is a Candidate?

FasterHouse only requires the applicants to have the following: payment for the option fee (which is fully credited towards the purchase fee by financing time), a minimum of two years employment, a willingness to change financial habits to meet financing qualifications, and a strong desire to own a home while still unable to qualify.

About FasterHouse

A locally owned and operated real estate investment company, FasterHouse has been serving its clients and the industry since 2002. The company prides itself as one of the most referred house buyers for senior services, veteran groups, and estate attorneys. FasterHouse also caters to all three real estate demographics: buyers, sellers, and renters –a distinction only a select few can claim.

For more information on other services, visit their website at https://www.fasterhouse.com.