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RENT TO OWN QUESTIONNAIRE
Hi there, these quick questions will help identify if this program is right for you...
16
Questions
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1
Name
First Name
Last Name
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2
Email
example@example.com
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3
Phone Number
Area Code
Phone Number
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4
I have reviewed the requirements needed for Wesley Bender Real Estate and Trio's Rent to own programs
YES
NO
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5
I have watched all 5 quick intro videos found on Wesley Bender Real Estate webpage under the Rent to own Tab and Step 2
YES
NO
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6
I/we have a FICO credit score of 580 or greater
YES
NO
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7
I/we have 24 months of on-time rental history
YES
NO
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8
I/we have at least $4,000 in checking, savings or investments
YES
NO
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9
I/we have documentation supporting my income, housing history and savings
YES
NO
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10
Gross Monthly Income (before taxes)
Make sure to add all sources of income if you would like us to use it while calculating your Debt to income ratio. (DTI)
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11
Monthly Car Payments (add all loans & enter the total amount) If none then enter 0
For example. 1 car is a $300 payment and a second car is a $400 payment. The total of both will equal $700 per month.
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12
Installment Loan(s)
If none, then enter 0
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13
Other Payment(s) (Student Loans, medical bills, etc)
If none, then enter 0
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14
Sounds good, we have calculated your total income after your monthly obligations..
If this is not correct, please use the "previous" button below and add or subtract where needed.
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15
Based on your monthly income and monthly obligations we have calculated that you will probably qualify for a house purchase price of...
Remember, this is just a quick estimate and the numbers are likely to vary. For better estimation, we will schedule a time to talk with you!
(If the $ number is higher than $356,000, the highest you can go is $356,000K according to FHA guidelines)
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16
Based on your monthly income and monthly obligations we have calculated that you will probably qualify for a monthly payment not to exceed....
Remember, this is just a quick estimate and the numbers are likely to vary. For better estimation, we will schedule a time to talk with you!
Remember the rule. The max monthly payment can only be 1/3 of your Gross monthly income.
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