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Are you interested in owning a home, but aren’t quite ready to take the plunge? Don’t worry! ICCF’s Lease/Purchase program allows families to lease a home for two years prior to taking ownership of it. This gives families the chance to learn what it’s like to be a homeowner without having the stress of figuring it out on their own. ICCF will meet each family where their needs are to help them prepare for home ownership. 

What’s the point?
ICCF helps families overcome the obstacles standing in the way of home ownership during the two-year lease period. We prepare clients for the finances, maintenance and responsibilities involved with being a homeowner so there is a smooth transition from renting to home ownership. 
Lease/Purchase allows families to continue living in the same residence without having the stress of moving to a new home at the end of the lease period.

Home ownership steps

  1. Introduction to Home Ownership class
  2. Lease/Purchase application
  3. Financial Management classes (if needed)
  4. Home visit from ICCF
  5. Select the home you want to lease
  6. Move into home
  7. Home Maintenance Workshops
  8. Pay monthly rent:  2/3  of your payment will be saved for home purchase
  9. Stay mortgage ready
  10. Apply for mortgage
  11. Purchase home:  2/3  of lease payments are applied to purchase
  12. You are a homeowner!


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