Rent to Own
An exclusive program designed to help YOU become a homeowner.
What is Rent to Own?
Our Rent-to-Own Program is designed to turn your goal of homeownership into reality—without the common obstacles that hold buyers back. Credit challenges, down payment concerns, or closing costs do not have to stop you. With this program, you rent your future home at a fixed monthly rate, while automatically saving toward your down payment and closing costs, which are credited back to you at purchase. The home price is locked in from day one, eliminating surprises and rent increases, and you will receive professional guidance throughout the process, plus complimentary lawn care twice per month. It is a simple, secure, and smart path from renting to owning your dream home.
Program Objective
Help families save while living in a new home, accumulating funds that they can later use as part of the purchase process for their future purchase.
Key Program Features
Benefits designed to help you achieve your dream of homeownership
Starting Rent
Starting $2,700 USD monthly. The price may vary depending on the model and location.
Monthly Savings
Have a personalized plan designed to help you save money, from your rent, while living in your new home.
Pay what you Sign
We will freeze your property purchase price and payments for up to 5 years.
Warranty Included
Includes free warranty and landscaping.
Pets Allowed
Pets are more than welcomed.
No Credit Check
No credit required for our program
Happy Families in Rent to Own
Discover the success stories of families who have achieved their dream of homeownership
Hundreds of families have trusted our Rent to Own program to make their dream of owning a home come true. See how our families are building their future.
Homeowner Families
Over 1,500 families have achieved homeownership through our program
High Satisfaction
Our clients recommend our program with confidence
Constant Growth
Every month more families join our Rent to Own program
Pioneers in Rent to Own
M.J. Newell Homes was and continues to be a pioneer in the Rent to Own program, helping thousands of families achieve their dream of homeownership.
Save While You Rent
With our Rent to Own program, you can save money while living in your own home. Build equity and work towards ownership at your own pace.
Personalized savings plans
Automatic savings
Available Models for Rent to Own
Any model can be Rent to Own. Choose the one that best fits your family
Application Requirements
Simple and accessible requirements to qualify
Family or individual income of at least $6,000 USD monthly. Remember that you can calculate your income with your bank statements (bank account statements), cash, and commercial references.
No history of evictions.
Be a citizen, resident, have a valid work permit, or have an ITIN.
Required Documentation
Simple and easy-to-obtain documents
Taxes from the last 2 years
W2 or 1099
Pay Stubs
Last 30 days
Bank Account Statements
Last 60 days
Driver's License or ID
Valid identification
Application Process
Simple steps to begin your path to homeownership
Submit Documents
Submit the required documents to begin your application.
Complete Application
Complete the RTO application ($50 per applicant).
Interview and Review
Interview and document review by our team.
Sign Contract
Sign the contract and pay the deposit.
Move-in
Choose the move-in date and start living in your new home!
Why Choose Our Rent to Own Program?
Save While You Rent
Part of your rent becomes savings for your future purchase
Fixed Prices
Payments and prices frozen for up to 5 years
No Credit Check
No credit required
Apply for Rent to Own
Fill out the form below to start your journey to homeownership. Our team will contact you soon.
Ready to Get Started?
Contact us today and discover how you can live in your new home while saving for your future purchase
