Lease Purchase Option
Lease Purchase Option (LPO)
Our Lease Purchase Option (LPO) makes owning a home reachable. You pay an option fee, move in, and pay monthly for the term you choose. When the term is complete, the home is yours.
How it works
- Choose a home. Find an LPO home in one of our communities.
- Pay the option fee. The home's price sets the option fee and the monthly terms.
- Select your term. Pick the term length that fits your budget.
- Pay monthly. Pay on the agreed terms while you live in the home.
- It's yours. When the term is complete, we schedule a closing and the title is yours.
Why choose the LPO with SD MHP
- One team from start to finish. We sell the home and handle the setup, so there's no one to chase.
- Affordable monthly payments set around the home you choose.
- Well-kept communities that are family-friendly and professionally managed.
Homes bought through the LPO stay in the community for at least five years.