Rent to Own
If you want to own a home but don’t qualify for a mortgage today, we can help you!
Rent to Own is a great alternative for people who no longer want to rent but don’t quite qualify for a mortgage! Whether you are not forgiven for past mistakes, or are unable to come up with the full amount for the down payment, we can help you find and move into the home you always wanted.
You may already be paying rent to live somewhere. Wouldn't it be better if those rent payments were doing more than just getting you a house to live in? Wouldn't it be better if those rent payments were getting you into a position to improve your net worth by getting you out of that rental property and into home ownership? We have excellent rent to own options available to help you find the home you always wanted!
Each month that you pay your rent on time, a portion of your rent is credited back to you towards your down payment so that at the end of your lease term you will have the full 5% down payment needed for your mortgage plus a little extra to help cover closing costs.
Individuals well suited to our program include:
• Those with gross COMBINED annual income of at least $55,000
• Those who have a minimum 3% down payment available ($6,000 on a $200,000 house)
• Those with slightly damaged credit or who just haven't yet established their credit
• Those who have recently been through a bankruptcy or are in danger of foreclosure but have equity available
• New residents to Canada
If you are intrigued, and would like to learn more about owning your own home, please contact us and we will be happy to assist you with more details.
Contact Us Now!
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