Rent to Own is a simple, month to month program designed to allow you to realize the structure of your dreams now and pay as you go! Rent to Own is available on sheds and garages. 24-48 month terms available. Our goal is to help the customer obtain ownership of the building. Therefore, Rent to Own is only available on structures up to 12' wide and 24' in length, with NO porches, insulated windows, or insulated floors. See dealer for additional details.
The advantages of rent-to-own with RTO National
1. Save Money!! That's right, self storage units can cost more every month than a monthly Rent to Own payment would cost. Not only that, but you will never own a storage unit. On top of the simple price advantage there are other things to consider: Storage units are often small, and in some cases you have to drive across town or further to access your belongings. With a Rent to Own structure, your belongings would be just a few short steps away on your property.
2. No Credit Needed! There are no credit checks so if you've encountered some road bumps and don't have the best credit, that is no problem. We simply need a small down payment to get started.
3. Will Never Damage Your Credit. Should life throw you a curve or you realize you don't need the building, simply call us. As long as you are up to date on your payments, we will arrange to pick up the building at no further cost or obligation to you. Compare this to financing with a bank where you will be forced to continue payments or experience repossession. However, RTO will request retrieval of the structure if payments are not made.
4. You Can Choose To Pay Off Early! You have flexibility. You can take the complete length of your agreement, or simply pay the entire sum off early. There is no penalty for paying your structure off early!
Frequently asked questions:
How do I Get Started and how much is required? After you choose your structure, all we require is:
Your driver's license
Last 4 digits of your Social Security Number
Your primary phone number
(1) Personal Reference
Signed and initialed agreement
Down payment - due at time of order (no exceptions)
When do my payments begin? Payments begin 30 days after delivery.
Can I purchase the storage building after I have entered a Rental Purchase Agreement? You can pay off your rent-to-own contract at any time with NO penalties. RTO National provides a discount from your contract balanced based on the number of payments you have made. Please refer to your Rental Purchase Agreement for details or contact RTO National.
Do I have to wait for an approval to participate? No. You have instant approval with completion of all rental information.
Do you report to credit agencies? RTO National does not report to credit agencies and credit reports are not requested or reviewed to determine eligibility.
Can I return my storage building? A rent-to-own contract is a month to month Rental Purchase Agreement. Just call RTO National and they will schedule a convenient time to retrieve the storage building.
What is my interest rate? This is not a loan. This is a rent to own contract with the option to return the unit at anytime or fulfill the contract and obtain ownership of the unit. It's really no different then if you rent a unit at a facility, except with rent to own your payment is going towards something you will own.
What are my options for making my monthly payment?
Online - make a payment at RTO National.com
Mail - mail a check or money order
Phone - pay over the phone with a credit/debit card
Automatic Draft - pay with your credit/debit card or bank account automatically each month.
Remember: A reasonable down payment, affordable monthly payments and the option to pay off early with the ease of entry and exit, make this program a great choice for many people!