Rent to OWn Program - PRIVATE PAGE

FICO – min 550

Annual Income – min $40,000

Employment – currently employed and 6-month continuous history

Max DTI of 50% including new rental payment

No Evictions in the most recent 12 months

Not in bankruptcy during the last 12 months

· Referring Realtor refers client to our brokerage (Ask Realty Group, LLC) with a 70/30 split

(70% to you / 30 to Ask Realty Group, LLC)

· Referring Realtor provides buyer contact details to MoneyStream Financial for qualification

· MoneyStream contacts buyer to complete intake / submit documents

· Pre-Approval process, Documents and Background Check are completed

· Once approved – Referring Realtor and Buyer go shopping for a house in the price range indicated

· Provide address and offer price to MoneyStream

· Offer is acceptable to MoneyStream, we prepare all paperwork and submit the offer to the Listing Agent as a CASH OFFER

· Accepted offer – we complete inspections and close in 14 to 21 days

· Closing – Ask Realty Group pays Referring Realtor 70% of the commission

· Buyer makes deposit of ~2%, signs Rent to Own Agreement and MOVES IN

· Buyer’s Monthly Payment: 75% is rent and 25% goes to Savings (towards future down payment)

· Buyer has 3 years to buy the home (savings towards down payment) or they can walk away

They receive savings back (minus 2% relisting fee)

Send client name, phone number and email address to:

407-732-0110 Ext 707

Let them know i will be reaching out ASAP

Referring Realtor: Please send your license details and your Broker's Information so you can get paid!