Is Bad Credit Holding You Back From Home Ownership?

We can get you on the path to home ownership today despite credit challenges

You are not alone.  Countless Canadians feel like they HAVE to rent instead of owning their own home due to credit challenges.  Worse yet, many have decided that NOW is the time to OWN their own home, found the right property BUT were not approved for a traditional mortgage.  Now what?  Renting again?  No.  You don’t have to continue lining the pockets of your landlord while they enjoy all the equity growth in the property you live in.    Instead of waiting until your credit challenges have been repaired, you can rent to own a house TODAY that fits your budget, your needs and will allow you to enjoy the great benefits of homeownership which include building equity especially in today’s market!

Conventional Mortgage

When issuing mortgages to homebuyers, most lenders typically require a good credit score (usually around 650-680 to start with a good credit history). For those that fall short of these requirements, qualifying could still happen BUT with a substantially higher down payment as they are deemed “higher-risk” buyers. If you know your credit is less than perfect (for lenders today) or the lenders have told you “not yet” on a mortgage, you should consider rent to own as a viable option for you get into home ownership today. It is a reliable alternative for many because it affords you the time to build up your down payment, improve your credit all while living in a home YOU select today.

Down Payment

We require a minimum down payment of $10,000 on homes up to $320,000 or 4% for homes above this price. This is 100% credited towards your purchase of the home. A critical success component of rent to own is to improve your credit while adding to your initial down payment each and every month. Doesn’t it sound better to live in a home that you control, you can update/renovate and you can enjoy future growth from the increased value in the home?  No more worrying about the landlord wanting to “move” back in, or worse, selling from under you. Start building up your ownership stake in YOUR home rather than just throwing your money away on rent.

Interested in Investing in Your Family Instead of paying Rent?

You’re not alone. We will gladly send you more information so you can decide whether or not rent to own is a good fit for YOUR family!