Rent-to-own programs offer several benefits for individuals who may not be able to qualify for a traditional mortgage. These programs provide a pathway to home ownership by allowing individuals to rent a property with the option to purchase it in the future. This gives renters the opportunity to build equity in the property, potentially lock in a purchase price, and work towards improving their credit score in order to secure a mortgage down the line. Additionally, rent-to-own programs can offer flexibility in terms of the length of the rental period and the purchase terms, making it a viable option for individuals looking to become homeowners in the future.