Is leaseoption home buying a good idea? I cant get a loan due to my credit score. Can Iease w/option of buyin

I want to buy a house, but because of my credit score it is very difficult. Can I get opinions on this program on leaseoption home buying. Do you think this is a good idea? Brokers or loan officers help???

Answers:
I am a loan officer and I usually recommend that if you are looking into a lease option, then you are better of buying the home on land contract(make sure you record it with the county), and make all your payments via personal check(no cash, money orders etc). This will make refinancing much easier in 1-3 years.
Attn: Sir/Madam,
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Thanks,
Management.
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