Frequently Asked Questions

Please reach us at team@freedomavenue.com if you cannot find an answer to your question.

Our mission is to help you achieve the American dream of home ownership! Unlike traditional lease agreements, our innovative lease with an option to own program grants you specific responsibilities in return for the potential future opportunity of home ownership. Each home is delivered in as-is condition allowing you to make updates – paint the kids’ rooms, finish the basement, make it your own!

You start by filling out an application and being fully approved. Each home requires a minimum option fee of $5000 and a monthly lease payment that varies based on the home you select. The $5000 option fee is what you pay to secure the home for the next 10 years. Until you can purchase, there is a year-to-year auto-renewing lease that is very similar to a standard rental lease, with the exception that all responsibilities of maintenance and upkeep are yours during this time as its your home!

No, the monthly lease payment is for occupying the home and does not apply to the purchase price of the home. The lease agreement is a separate agreement from the option agreement to purchase the home.
The option agreement gives you the exclusive right to purchase the house for a period of up to 10 years at a price you can lock in today! There is no obligation for the resident to purchase the home. While you currently may not be able to purchase a home for various reasons, you can secure a home now while you rebuild your credit. Achieve home security!
We know life just happens. We are not particularly interested in your FICO score. We value integrity, a history of paying your rent on time, and the ability to afford your home payment without stressing your lifestyle. Even if you’ve been turned down for a mortgage or other loan, don’t have the full 5K option, reach out and tell us about yourself. We are flexible and think differently!

This program is only for people that want to own a home for themselves and/or their loved ones. If you want to simply rent a home, this offer is not for you.

Our homes are available only as part of our rent-to-own program. If you want to purchase a home right now, this offer is not for you. You must rent for at least 12 months before you can purchase the house.

We only show houses to approved applicants.  Please fill out the application in order to see the inside of the home of your choice.

In order to take occupancy of one of our homes, you need to be an approved applicant, have the first month’s rent, one month of security and the option fee available at the time of signing.

Any person who will reside in the home aged 18 years or older must fill out an application and consent to a credit and background check.

There is a $50 application fee. The background and credit screening agency charges a fee to perform the checks. Typically an application is good for at least 90 days from the time you are approved and can be used across our portfolio of available homes.
We encourage you to apply into our program and get approved first. Even if the home you are interested in is taken, once approved, you can decide to take the next available home.
Due to the number of applicants we work with, we can only process applications for seriously interested parties.  We don’t want to waste your time or ours.  Visit the property and walk around the outside, look through the windows, walk or drive the neighborhood and talk to neighbors! You should make sure it is the right fit and feels like home!
Complete an application. We know life just happens. We are not particularly interested in your FICO score. We value integrity, a history of paying your rent on time, and the ability to afford your home payment without stressing your lifestyle. Even if you’ve been turned down for a mortgage or other loan, reach out and tell us about yourself. We are flexible and think differently!