Start Your Journey to Homeownership
Crescent offers a unique lease purchase program that allows us to help traditionally unqualified homebuyers move into the home of their choice! We open the door to homeownership by purchasing the home for you and leasing it back for up to two years with the exclusive right to purchase. You can then use the lease period to repair credit and prepare financially for the home purchase while working on securing financing. Crescent's program allows flexible qualifications and takes on unique situations while giving you a personal experience that makes the home-buying process stress-free!
** Click below to complete our Prescreening Questionaire **
How it Works
Prequalify by filling out our Prescreening Questionnaire
See if our lease purchase program is a good fit for you! Fill out our prescreening questionnaire and a Crescent agent will be in contact with you.
Apply for our program
If you pass our prequalification you will be sent an application to fill out. We require 2 years of tax returns, paystubs, and a credit report along with the application. Our application process is completely free!
Get approved and pick your home
Once approved, you and your realtor can start looking at homes within your approval amount and start making offers.
Move in and lease for up to two years
Move into your new home and lease for up to two years with the right to purchase at anytime. Use your lease period to work on securing financing and preparing for homeownership.
Purchase the home
Once you secure a mortgage purchase the home from Crescent at the predetermined purchase price in year one or two.
Applicant Qualifications
Crescent offers very flexible qualifications compared to other programs. We focus on income and deposit rather than credit, and approve those who on track to qualify for financing within two years.
8% Minimum Deposit Required
No Felonies or Evictions
Verifiable Income
No Open Bankruptcies
Property Qualifications
Once approved with Crescent's program you are welcome to start your home search and pick from any active listings within your approval amount. While Crescent is more flexible than most with our property criteria, listed below are our property qualifications and the properties we will not accept.
Located in an Approved State
Crescent currently purchases homes in 17+ states. See if your state qualifies on our "Service Areas" page.
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Single Family Home, Condo, or Townhome
Crescent will not purchase manufactured or modular homes
Not by any Busy Roads or Major Power Lines
To insure you the best property value we stay away from major roads and powerlines
No Pools
We prefer no above ground or in ground pools because of issues insuring
Not by any Major Bodies of Water
We prefer to stay away from flood zones and will not purchase properties by major bodies or water
Within Our Minimum/Maximum Purchase Price Range
Our minimum purchase price is $200k and we have no maximum purchase price