Home Partners

Qualification Criteria

This is a guide to help agents and prospective residents better understand whether homes fit into the Home Partners of America Program. We believe quality homes in affordable communities increase our residents’ likelihood of success with the Program. Our Program also considers a home’s potential for leasing and resale in the event our residents move out.

Please note that this is not a comprehensive list and criteria is subject to change. Homes listed on our website may be ineligible for the Program, and Home Partners of America reserves the right to reject any property submittal for reasons other than those listed here. Prospective residents must physically walk through the home. (Virtual showings do not meet this requirement.)

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  • Properties must be located in a Home Partners approved community. Visit homepartners.com/how-it-works/communities for a complete list.
  • Home Partners wants to purchase homes in neighborhood communities within close proximity to centers of activity.
  • Home Partners will not purchase homes located within close proximity to structures that could impair value including industrial buildings, high traffic roads, railroad tracks, or airport runways.
  • Homes within a 100-year flood zone do not qualify unless the property has a base flood elevation variance of -1.5 ft or greater.
  • Home Partners will not consider homes in subdivisions or new construction phases that are less than 50% complete.
  • Home Partners will not consider properties with tax rates including special service/community development/Mello-Roos fees greater than 4% of the property’s value.

RENTAL INSPECTIONS: Many county or municipal governments require a rental license inspection prior to resident move-in. Prospective residents who select homes in these areas should be aware that move-in dates could be thirty days or more after the closing date. Please check with the county and municipality in which the property is located to confirm their rental license requirements.


  • Home Partners will not purchase short sale, foreclosure or probate properties, bank-owned properties, or any property sold at auction or by a government agency.
  • Home Partners cannot purchase properties where the seller is a relocation company.
  • Sellers must be willing to use the standard state contract and not require addenda aside from a builder warranty (Home Partners will use the Pulte Homes contract in certain markets – please inquire for more information).
  • Home Partners cannot purchase condominiums, including single-family homes or townhomes that are condominium ownership.
  • Home Partners cannot purchase commercial, modular homes, log cabins, mixed-use or manufactured housing properties.
  • The property must be on two (2) acres or less. Please be aware that maintenance of all landscaping is a resident responsibility.


  • Homes must be in good cosmetic and structural condition including any outbuildings (Home Partners’ discretion).
  • Home Partners will not purchase homes that are over 100 years old.
  • Home Partners will not purchase homes over 30 years old that are in original condition or with obsolete floorplans, electrical, or plumbing.
  • Home Partners will not purchase incomplete new construction homes or unfinished rehab projects.
  • Homes with a door on a raised level must have a balcony, deck, staircase or railing built on the exterior.
  • Homes with liens, open permits or unpermitted rehab work will not be considered.
  • Homes must have central air conditioning (exceptions may apply in CO, OR, and WA). All new construction homes must have central AC regardless of location.
  • Homes must not have any environmental hazards (e.g. mold, lead paint, vermiculite insulation, asbestos, etc.).
  • Home Partners will not purchase homes built in Maryland, Pennsylvania, Illinois or Michigan before 1978.
  • Homes with seepage or subject to flooding will not be considered.
  • Home Partners will consider homes with synthetic stucco facades on a case-by-case basis.
  • Home Partners will not purchase homes with leased solar panels or homes with SolarCity/Tesla solar panels.
  • Home Partners will not purchase homes with oil tanks or that use propane tanks as the primary heating source.
  • Homes with a history of sinkholes anywhere on or near the property will not be considered.
  • Home Partners will not purchase houses that have sunrooms with glass ceilings.
  • Home Partners will not purchase furnished homes or negotiate for personal property aside from standard appliances.
  • Home Partners will not purchase a home with a dirt driveway, and/or a dirt access road.

NOTE: Prior to closing, homes must be vacant and empty of all seller’s personal belongings.


  • Home Partners will not purchase homes with in-ground pools outside of Texas, Georgia, Florida, Southern California, Nevada, and Arizona.
  • Home Partners will not purchase homes with above ground pools unless the Seller agrees to remove the pool and re-sod any bare potions of the lawn prior to closing.
  • Home Partners will not purchase homes with indoor pools or large exercise spas.


  • Homes must be located in HOAs that allow leasing without requirements for background/credit checks or interviews.
  • Home Partners will not purchase in age-restricted communities or in HOAs that require a social, tennis, golf or country club membership.
  • Total annual HOA dues must not exceed 1% of list price. HOA transfer fees and capital contributions must be reasonable and are considered on a case-by-case basis.

There are a few other HOA conditions that will disqualify a property from Home Partners’ consideration. These include:

  • Minimum period of owner occupancy
  • Maximum rental period
  • Board approval of the lease post-closing
  • Board requirement to be a third party beneficiary of the lease documents or the right to evict the tenant
  • Rental caps (exceptions are considered on a case-by-case basis)

Home Partners is able to provide HOAs with basic resident information, such as name, phone number, email, vehicle information and pet information. This approach allows Home Partners to rent to any resident that qualifies for our program, regardless of HOA requirements.

Documentation Requirements

When submitting an HOA property for acquisition consideration by Home Partners, the following HOA documents will be reviewed as part of Home Partners’ due diligence:

  • Budget
  • Certificate of Insurance
  • Covenants, Conditions, and Restrictions (CCRs)
  • Bylaws
  • Rules & Regulations (If applicable)
  • Home Partners’ HOA Questionnaire

The earlier that Home Partners receives these documents, the better, as this allows us to be aware of any potential issues that may prohibit Home Partners from leasing the property. Home Partners must receive the HOA Questionnaire by the end of the due diligence period. If an HOA does not have all of these documents, there is a very high chance of Home Partners terminating the transaction.