Featured Program: Rent-to-Own
The Hope Harbor Properties Rent-to-Own Program helps individuals and families who want to become homeowners but are not quite ready for traditional financing. We provide a quality home today while creating a supported path toward future ownership.
If you know someone who does not quite qualify today but is close, has solid income and money in savings, and just needs a little extra time — reach out. We love helping turn a “no” into a future “yes.”
Why Mortgage Brokers Love This Program
- Double Commission Opportunity
We purchase the home traditionally now, and the tenant-buyer will typically return to the same lender when they are ready to purchase the home from us in 2-3 years.
- More Closed Loans
Instead of losing deals that are almost ready, you now have a solution to keep those clients moving forward.
- Stronger Future Borrowers
Our program gives clients time to improve credit, savings, and financial stability — creating better-qualified borrowers when they return to you.
Why Realtors Love This Program
- More Transactions
We pair approved tenant-buyers with a realtor once they enter our program. Many tenant-buyers continue working with the same realtor when they purchase the home from us in 2-3 years.
- Turn Near-Miss Buyers into Sales
Instead of losing buyers who cannot qualify yet, you can keep them on a path that leads to a future purchase.
- Move Stagnant Listings
If you have a listing that is not gaining traction, contact us to discuss whether it could be a good fit for our rent-to-own program. Marketing the property as “available for rent-to-own” could bring you a buyer.
How We Work With Your Clients
We are committed to supporting your existing relationships.
- If a Realtor refers a client who is already working with a lender, we work with both partners.
- If a Mortgage Broker refers a client who already has a Realtor, we keep that Realtor involved.
Our goal is to keep the client in your network, so no one misses out on a future transaction.
If a client is not currently working with a realtor or lender, we have trusted partners with whom we can connect them.
Current Rent-to-Own Opportunities
Do you have a client who fits this criteria?
Property 1 – Southeast Sioux Falls, SD
- 3 bedrooms / 2 bathrooms
- 4-stall attached garage
- Fenced-in yard
Ideal Tenant Buyer
- Has $10,000–$30,000 available for non-refundable option consideration (NROC)
- Combined gross income of at least $78,000–$97,000
- Can afford estimated monthly rent of $2,400–$3,000
Property 2 – Sturgis, SD
- 4 bedrooms / 3 bathrooms
- 2-stall attached garage
- Large yard
- Split foyer
Ideal Tenant Buyer
- Has $15,000–$40,000 available for non-refundable option consideration (NROC)
- Combined gross income of at least $98,000–$125,000
- Can afford estimated monthly rent of $2,800–$3,200
Reach out to us if you have a client who fits this criteria