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Rent-to-Own Houses in Orlando, FL

At LGI Homes, we pride ourselves on being Orlando's Leader in Affordable New Homes. Often times, the monthly payment on one of our homes is equal to or even cheaper than what typical first-time buyers are currently paying in rent! Our methodology is simple, we build and develop communities in locations slightly further out from the metro area so we can sell them at an affordable price.

In the Greater Orlando Area, we have communities located near Deltona, Clermont and Winter Haven!

Orlando rent-to-own homesClermont rent-to-own homesDeltona rent-to-own housesApopka rent to own homesWinter Haven rent to own homes

How Do Lease-Purchase Options Work in Orlando?

When home buyers in the Greater Orlando Area are researching different ways to purchase a home, they may come across the option of rent-to-own houses. Sometimes referred to as a "lease option" or "lease-to-own agreement", this may come across as an attractive option for those who do not have the means to provide a significant down payment on a home.

While there is no official standard rate or process for rent-to-own options in Orlando, typically, the potential buyer pays an option fee (sometimes referred to as "option consideration") which gives them the opportunity to purchase the home in the future. This fee is usually non-refundable and typically ranges between 2.5% - 7% of the house sales price.

Attention Orlando: There is a Better Alternative

While most of our buyers qualify for an FHA loan and put down approximately 3.5% - 5%, did you know that many of our homeowners qualify for putting No Money Down? LGI Homes works with preferred lenders who have offices in each of our community information centers so we can provide the best possible experience for our buyers. If you live in the Orlando area and are tired of paying rent or considering a rent-to-own option, you owe it to yourself to meet with one of our New Home Consultants that can help you achieve your dream of homeownership. Contact us today!

Superior Quality Homeowner Testimonials No Money Down