You CAN Get Into Home Ownership with JUST 4% Down
We can get you on the path to homeownership today despite not having 5%, 10% or more downpayment
Have you worked hard to save up a down payment for a house only to find out it is not enough to match the requirements set out by the mortgage lender? Let’s be honest, it is hard to rent, live life and save for a down payment at the same time. Countless Canadians feel like they HAVE to rent instead of owning their own home due to down payment challenges. So what can YOU do?
Rent to own?
The requirements for downpayment from mortgage lenders is directly tied to your employment situation and your credit. Self-employed tend to require bigger down payments as do people with credit challenges. Many fall short of the requirements because “life happens” but what can you do if you have a decent down payment of 4% and still want to buy your own home? 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.
Want to know more?
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!