Many individuals want to own their home, but for various reasons (normally credit) they cannot qualify for a bank mortgage. Great American Homes will lease the property to these individuals and give them the option to purchase it after some period of time has elapsed (normally 12 months or so). During their lease pay period, we allow part of their lease payment to apply to the down payment when they exercise their option to purchase.

Great American Homes, LLC will have an FHA approved mortgage company look at their credit before they sign the lease and they show the tenant what they need to do to clean their credit up enough to close in 12 months. We open credit accounts for them and monitor their situation to see if they are following through with their plan outlined by the mortgage company.

Please call us at (901) 318-9397 for more information.