4312 Meadow Lane, South Bend IN 46619

4312 Meadow Lane

House Sold - South Bend IN

Sale Price: $59,900.00 Terms: Lease/Option (Rent to Own) – $1000 to $2500 down and $695.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $2500 down payment at this time.  You may put a minimum of $1000 down and pay the balance of the down payment off at $50, $75, or $100 per month and/or pay it off with your tax refund next year. You will also build nice equity in this home with our 50% rent credit toward the purchase of this home in the first year…half of your $695.00 monthly payment ($347.50) is credited toward purchasing this home on our rent to own program.  After one year, the monthly rent credit is $150 per month.  This is a great way to save for a down payment toward purchasing this home to be used at a later date when applying for a mortgage loan to exit out of the rent to own program and into a full purchase.  You may take as long as you need to get in position to qualify for a standard mortgage or FHA mortgage, no deadlines, no pressure or no balloon payments coming due.  
Our  program is available with $2500 down and monthly payments of $695 per month including taxes and insurance.   Down payment assistance programs are available for lease to own/rent to own buyers that are otherwise qualified but who may be short the standard down payment of $2500.  You may qualify to put down less ($1000, $1250, $1500, etc.) up front and make small payments on the balance of the down payment each month until the $1500 down required is met and/or you may use your tax refund that may be available next year.   For more details call 574-674-0828. Perfect credit is not required.  To qualify, verifiable job or income is required and credit just has to be repairable in the next 3-7 years if it has derogatory marks today.  Some recent positive credit references are helpful if there has been negative credit that is on the credit currently and we work to approve you regardless.