What makes this program different from other Rent-to-Own programs?
A Smarter Path to Homeownership
RentSmart-to-Own™ lets you lock in your home sale price, get three months of your rent towards a down payment, and provides the time you need to prepare for homeownership. Secure your future and live in your dream home before you buy, with flexible contract terms tailored to your financial goals. We are helping you become a homeowner, one step at a time.
Down Payment Assistance
The hardest part of buying a home is coming up with a large lump sum of cash for the down payment. With our RentSmart-to-Own™ program, we solve that for you. We take three full months of your paid rent and apply it directly toward your down payment.
Set Monthly Payment
Unlike traditional programs, you don't pay a premium to participate. Your rent stays at the standard market rate, giving you all the benefits of a rent-to-own with none of the typical markups. Once you transition to a homeowner with a fixed-rate mortgage, your primary housing cost is locked in. While market interest rates and rents continue to rise for others, your mortgage and interest rates do not go up, ensuring your home remains affordable for years to come.
Set Purchase Price
The housing market is famously unpredictable, but with the RentSmart-to-Own™, you remove the 'guessing game.' Whether you choose a 12, 18, 24, or 36-month lease, we lock in your home's future price today. While the rest of the market faces bidding wars and rising prices, your path to ownership is already secured.
Build Net Worth
The median net worth of a homeowner is roughly $400,000, while a renter's is closer to $10,000. This is because the homeowner's monthly housing expense is actually a forced savings account (equity). RentSmart-to-Own™ is designed to bridge that 40x wealth gap by turning your housing expense into a forced savings account. Every dollar you pay in rent usually goes toward someone else's mortgage. RentSmart-to-Own™ is the smartest way to reclaim that money. We are effectively taking your housing overhead and converting it into your future down payment. It's like a 401(k) for your home.
No Hidden Fees
One of the best parts of this program is that there are no surprises and no hidden fees. We provide you with the exact purchase price for each lease term, so you know what your price is today. You also have the benefit of seeing and signing your purchase contract upfront. Every detail is outlined from the start.
Try Before You Buy
A unique advantage of RentSmart-To-Own™ is the chance to truly experience your home before committing to purchase. Unlike traditional buying, you'll live in the property as a renter, allowing you to thoroughly assess its suitability for your lifestyle. This 'try before you buy' approach ensures you're confident in your decision, giving you the peace of mind that comes from knowing the home and neighborhood firsthand before making the significant investment of homeownership.
Avoid Bidding Wars
You get to bypass the stress of the current market. No competing offers, no over-asking prices, just a guaranteed path to a home you already live in.
Credit Building Opportunity
RentSmart-To-Own™ gives you time to build a strong financial foundation. As a Moda Homes renter, you can take advantage of rent reporting with Flex and team up with our preferred lender to actively improve your credit score, paving the way for mortgage approval. This program is designed to empower you, giving you ample opportunity to prepare for the responsibilities and financial commitments of homeownership, ensuring a confident and successful transition.
Your Timeline Your Terms
We offer different price points based on your timeline. A shorter lease gets you to the closing table faster at the lowest price, while a longer lease provides a bigger 'financial runway' to polish your credit and save even more.
Available Ranch (12)
Available Townhomes (8)
FAQs?
I'm Interested!
If you're ready to start your journey toward home ownership and would like to learn more about Moda's RentSmart-to-Own™ program, fill out the contact information below. A Moda Homes agent will reach out to you, answer any questions, and help you understand if this opportunity is right for you.