What does Landis cost?

It’s free to apply to Landis.

Once you’re approved and have selected your home, you’ll contribute 2% to 3% of the purchase price as an initial down payment.

While you’re renting, your monthly rent is based on fair market value for rent in your area. To get a sense of what you could pay each month, try our payment estimator.

If you buy your home within the first 12 months of the program, you’ll pay a buyback price that’s 4% higher than the home’s original appraised value. After 12 months, the price climbs by 2% every 6 months. Clients are also responsible for closing costs when they purchase the home from Landis.

If you don’t buy the home, you will pay a fee of 3% of the purchase price.