HONK Lease to Own
HONK lease to own program
While living in their home, future homeowners make affordable monthly payments to HONK. A small portion of their payment is set aside to help with the purchase of their HONK home. For most, this process takes 12-18 months.
During the program, HONK will perform primary maintenance tasks but the client is asked to do routine homeowner-like tasks such as shoveling snow, mowing lawns, etc.
HONK’s lease to own program comes with HONK staff support including individual and group homeowner budget and credit counseling. We also provide resources for services a client may need during their time in lease to own.
As the client approaches purchase, HONK staff provides direct or indirect mortgage and finance counseling to our client.
Do you qualify?
We base our limits on HUD’s 80% AMI limits (subject to change). If you’re not sure, check out our apply page and view the income qualifications form.
Learn about Lease to Own
Do you have more questions? Fill out this form and we’ll be in touch.
