Lease-to-Own Homes in Rio Grande Valley
Your Path to Homeownership in Rio Grande Valley, TX
If you rent in Rio Grande Valley but can't quite qualify for a traditional mortgage, DreamBuilder was built for you. Live in your future home as a homeowner-in-the-making while you build earned equity.
DreamBuilder offers 96.5% LTV financing, a 580 minimum credit score, flexible income documentation, and ITIN/DACA eligibility for Rio Grande Valley buyers.
Provided by
Roxford Holdings Inc
NMLS 1843021
DreamBuilder Program Highlights
A lease-to-own path to homeownership designed for underserved communities and alternative borrowers in Rio Grande Valley, TX.
96.5% Loan-to-Value (LTV)
Maximum financing up to 96.5% LTV for qualified borrowers
580 Minimum Credit Score
Credit scores below 580 considered on a case-by-case basis
ITIN & DACA Eligible
Individual Taxpayer Identification Number and DACA individuals welcome
Flexible Income Documentation
FHA Full Documentation, Bank Statements, P&L, 1099s accepted
Earned Equity Building
Build equity while renting, positioning for FHA-level financing
Government Entity Purchase
FHA Eligible Government Entity purchases your future home
Who Qualifies in Rio Grande Valley, TX?
DreamBuilder was built for buyers traditional lenders overlook. If you can afford a home but struggle to qualify for a conventional or FHA loan, you may be a great fit.
Homebuyer Eligibility
- ITIN Holders (may not have an SSN) – Individual Taxpayer Identification Number
- DACA Individuals
- Self-employed borrowers with a higher DTI
- Borrowers declined by an agency or government lender
- U.S. Citizens
- Permanent Resident Aliens
- Non-Permanent Resident Aliens, including ITIN and DACA
Other Texas Areas We Serve
The Market Opportunity for Minority Homeownership
Opportunities exist today for minority groups to qualify for a home mortgage, and the market is ready.
The housing market can feel incredibly unstable and housing prices are still on the rise. If you don't pursue homeownership now, with all of the resources available to you, the wait could cost you your home. Your family and your community deserve the comfort and stability of having the American Dream. Sadly, many minorities and underserved communities are missing the chance to own their own homes.
of home ownership growth over the next 20 years is projected to come from Latinos.
Source: Urban Institute
The Hispanic population will make up more than half of all net new households in the United States over the next 25 years.
Source: U.S. Census Bureau projections
Most of the US Hispanic population is younger than 35, and Hispanic millennials represent over a quarter of the cohort about to reach home-buying age.
Source: U.S. Census Bureau
mortgage-ready millennials in 31 large metropolitan areas have the credit scores, debt-to-income ratios, and credit history to qualify for a mortgage.
Source: National Association of Realtors (NAR)
of the 21M+ mortgage-ready millennials in the 31 largest metros are Hispanic.
Source: National Association of Realtors (NAR)
Black millennials in the 31 largest metropolitan areas who would qualify for a mortgage.
Source: National Association of Realtors (NAR)
mortgage-ready Black and Hispanic millennials in the 31 largest MSAs, per NAR Report.
Source: National Association of Realtors (NAR)
higher average wealth for homeowners vs. renters, according to the Federal Reserve's Survey of Consumer Finances.
Source: Federal Reserve Survey of Consumer Finances
The Homeownership Gap: A Solvable Problem
According to the National Association of Realtors (NAR), minority groups still face a gap in homeownership rates compared to their White counterparts. The current homeownership rate for Black Americans is 43.4%, significantly less than White Americans at 72.1%. In 2019, the Black homeownership rate fell to 40.6%, the lowest level in more than half a century.
In 2019, the Black homeownership rate fell to 40.6%, the lowest level in more than half a century.
Source: National Association of Realtors (NAR), 2022
The gap is real, but so is the opportunity. DreamBuilder Wayfinder is built to close it.
Ready to Start Your DreamBuilder Journey in Rio Grande Valley, TX?
Turn renting into owning with our innovative lease-to-own program. Apply online or connect with Roxford Holdings Inc to discuss your scenario.
Contact Roxford Holdings Inc
23015 Colonial Parkway
Building A, Suite A108-2
Katy, TX 77449
Call for program details
Email for information
NMLS 1843021