Having a place that you can call home is a quintessential part of the American dream. Not everyone, however, can afford to buy a home any time they want, even when the economy is good.
Not only do you need to qualify for a mortgage. You also have to make a considerable down payment in order to seal the deal.
For those who do not qualify for a mortgage or cannot afford to make a down payment, a rent-to-own home might be a good option.