601 Hendricks Street, Mishawaka IN 46544

601 Hendricks Street

House Sold - Mishawaka IN

SOLD! Lease/Option (Rent to Own) – $1000 to $2500 down and $650.00 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 $650.00 monthly payment ($325.00) 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.
Also, Land Contract financing available with $6,500 down and monthly payments of approximately $575.00 per month including taxes and insurance is available for qualified buyers.