Frequently Asked Questions

What does the Monthly Payment Include?
The monthly payment is your out the door rent payment. The only other charge you might be responsible for is the HOA fee if the neighborhood you select a house in requires an HOA fee. If this is the case the HOA will be added to your monthly payment. There are no other monthly obligations. Divine Homes & Properties is simple and transparent, you will only pay the quoted monthly rent payment and nothing more.
 
Is any of my money going towards my purchase price?
Yes, .It Goes Towards principle pay down and taxes and insurance. 
 
What upfront fees do I have to pay?
Divine Homes & Properties charge 30% down fees and $50 application charge . We simply require 30% of the home price for your Option Consideration and then you pay the quoted monthly payments. No surprise charges!

Is this  "Hard Money"?
NO,  we are not hard money. We are a Gap program between renting  and  a mortgage. We buy the home in our name, lease it to you, and give you the guaranteed right to purchase it when you Pay off the property. We also report your good payment history to all three credit bureaus to help you qualify for a mortgage quicker.
 
Do I have to pay closing costs?
 We will ask for the seller to pay all closing costs. If the seller refuses to pay the closing costs you can either make up the difference or find another home.

Is there a minimum Purchase Price?
The minimum for each market is as follows:
Kansas City - $100,000
Kentucky- $100,000
Ohio- $100,000
St. Louis - $100,000

 

Additional Questions

(636)812-8135