Rent-to-Own vs. Private Mortgage: Which Path to Homeownership Makes Sense for You? For many aspiring homeowners in Ontario and Alberta, the traditional mortgage route isn’t always an option. Whether it’s because of a short credit history, self-employment income, or not having enough saved for closing costs, getting bank approval can feel impossible. When this happens, [...]
7 Rent-to-Own Myths That Could Be Stopping You If you’ve been dreaming of owning a home but can’t get a mortgage right now, you’ve probably heard about Rent-to-Own. You’ve also probably heard a lot of mixed opinions—some of them flat-out wrong. In this blog, we investigate the 7 Rent-to-Own myths and help debunk them. The [...]
How to Exit a Rent-to-Own Program Successfully (And What Happens If You Can’t Get a Mortgage) If you're currently in a Rent-to-Own program—or considering one—this question may be keeping you up at night: “What happens if I can’t qualify for a mortgage when it’s time to buy the home?” It’s a valid concern. But the [...]
How to Repair Your Credit While Working Toward a Mortgage in Canada If your dream of homeownership is being delayed because of bad credit, you're not alone. In Canada, thousands of aspiring homeowners are starting to learn how to repair their credit so they can qualify for a mortgage—especially after a divorce, job loss, or [...]
Pre-Construction vs. Rent-to-Own: Which Homeownership Path Is Right for You? If you're looking to buy a home in Canada but don’t qualify for a traditional mortgage today, you’ve likely come across two popular alternative options: -Pre-Construction Homes-Rent-to-Own Programs Both offer a chance to lock in a property while giving you time to get your finances [...]
