Rent to Own Blog

/Rent to Own Blog/
31 01, 2019

Rent to Own Due Diligence

By |2019-01-31T12:03:26+00:00January 31st, 2019|Buying a New House, rent-to-own|0 Comments

If you have been thinking about owning your own home but can't qualify today, then Rent to Own IS a very good option for your family. But how do you protect yourself so you can confidently move into your own home with ownership as your goal...it all about the due diligence. Click the link for [...]

8 01, 2019

New Year, New You?

By |2019-01-08T13:50:51+00:00January 8th, 2019|Buying a New House, Choosing the Right Area, home ownership, Housing Market, Lease-to-own, Qualifying for a Mortgage, Real Estate, rent-to-own|2 Comments

  Like everyone else, I find it very hard to set resolutions that I am actually interested in keeping.  I think that when you pay lip service to a resolution it is just that, words that come out of your mouth.  There is nothing concrete about saying "I want to do this.....in the New Year!" [...]

30 07, 2018

Can’t Qualify for a Mortgage Today? Know Your Options!

By |2018-07-30T18:54:10+00:00July 30th, 2018|rent-to-own|0 Comments

Have you tried to qualify for a mortgage (or just plain out know you won't qualify) and were told that you needed a down payment you don't have or needed better credit?  More and more families are finding this to be their truth. So what are your options? Renting Yes, again.  Some feel that this is [...]

30 04, 2018

How the Stress Test is Impacting Millenials

By |2018-04-30T11:26:03+00:00April 30th, 2018|Stress Test|0 Comments

The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of 2018. A report from Royal Le Page calculates that nationwide, a peak millennial with a median salary of $38,148 has a maximum homebuying budget of $203,246. This includes a [...]

6 04, 2018

What is Canada’s Benchmark Rate?

By |2018-04-06T17:51:32+00:00April 6th, 2018|Benchmark Rate|0 Comments

The Benchmark Rate The benchmark rate is a rate that lenders are required to use to qualify mortgage borrowers in Canada who want a variable rate mortgage or a mortgage term of less than 5 years. The benchmark rate made headlines in the early part of 2010 when the Government of Canada announced new rules for lending [...]