LUNAR ESTATES LLC
Path to Purchase
Lease the home now. Lock in your purchase price. Work toward mortgage readiness. Buy the home later.
Mortgage-professional guidance included at no additional charge.
How Path to Purchase Works
1. Choose a home you want to own
Select an available Lunar Estates home that fits you and your household.
2. Lease the home and lock in your purchase price
Move into the home under a lease while a separate purchase option gives you the contractual right to buy that specific home during the option period at the purchase price established in your agreement.
3. Work toward mortgage readiness
We connect you with a mortgage professional who helps identify what needs to improve and keeps you moving toward qualification — at no additional charge to you.
4. Buy the home
When you’re mortgage-ready and qualify for financing, exercise your option and complete the purchase.
What Is a Purchase Option?
A purchase option gives you the contractual right to buy this specific home during the option period at the purchase price established in your agreement.
To secure that right, you make a separate upfront payment called option consideration.
• It is separate from your monthly lease payment.
• It is separate from your refundable security deposit.
• It is tied to your contractual right to purchase the home.
If you successfully purchase the home, our current intent is for the applicable option consideration to be credited toward your purchase, subject to the final written agreements, lender requirements, and applicable law.
Who Is Path to Purchase For?
Path to Purchase is designed for people who want to become homeowners but need some additional time before qualifying for a traditional mortgage.
It may be a good fit if you:
• Have stable household income.
• Want to own the home rather than remain a long-term renter.
• Have funds available toward the move-in and purchase process.
• Are willing to actively work toward mortgage qualification.
• Have a mortgage obstacle that may be realistically correctable with time and planning.Examples could include needing more employment history, improving credit, building savings, or addressing another issue that a mortgage professional believes can realistically be resolved.
Path to Purchase does not guarantee future mortgage approval. Your individual path and timeline will depend on your financial situation and applicable lender requirements.
Mortgage Guidance Is Included
You won’t be figuring out the mortgage side alone.
Path to Purchase includes access to a mortgage professional at no additional charge to help:• Review where you stand today.
• Identify the issues that may be keeping you from qualifying now.
• Help establish a realistic path toward mortgage readiness.
• Check in on your progress along the way.
• Help guide you through the mortgage process when you’re ready to purchase.
Mortgage guidance does not guarantee approval, but it gives you a knowledgeable professional helping you understand what needs to happen every step of the way.
Available Homes
We’re currently preparing our first Path to Purchase opportunities.New homes will be added here as they become available.
Ready to Take the Next Step?
Choose whichever way is easiest for you.
No account creation. No lengthy application just to ask a question.
About Lunar Estates
Lunar Estates LLC is an Illinois real-estate company focused on creating practical paths to homeownership for people who need additional time before traditional mortgage financing is available to them.Our goal is simple: clear expectations, transparent terms, and a genuine path toward successful homeownership.Simplicity and transparency for everyone involved.
Lunar Estates LLC
Program availability, property availability, qualification requirements, and transaction terms may vary. Participation does not guarantee mortgage approval or the future purchase of a home. All final terms are governed by the applicable written agreements and applicable law.