Lease to Own Home Financing

Our lease to own home financing is a straightforward process that begins when you select the property and an independent Trust or LLC acquires it and rents it to you. At closing, you make your down payment toward the acquisition cost. This is your initial payment on-account, which may be as low as 30% or as high as suits your circumstances.

Your payment on-account represents your beneficial rights in the property. Your monthly payments include rent and further payments on-account. You can acquire full title to the property when the sum of your payments on-account equals the original acquisition cost. The original acquisition cost is the goal toward which you are always working; we do not adjust it over the life of the lease. This eliminates any uncertainty when it comes to your financial arrangement.

UIF accepts applications up to $1,300,000 with a minimum initial payment on account of 30%. Final approval will take place once UIF receives your completed application package and supporting documentation.

Visit our Lease to Own FAQ page to learn more about Lease to Own Home Financing.