On select homes, the builder can offer a lease with the option to buy at the end of the lease period. Some home buyers might find that they have negative credit items due to medical expenses, divorce, etc. that can be resolved in a short period of time.
A lease purchase can allow the home buyer one to three years to repair damaged credit while part of the lease payments being credited to the down payment of the purchase. For more information on this program, contact Steve Miller at (316) 259-2377.
For Federal Housing Tax Credit information, FAQs, key points, and special rules, visit the web site federalhousingtaxcredit.com, brought to you by the National Association of Home Builders (NAHB).