Qualifying for Rent to Own
Owning a home creates a sense of security, stability, and comfort that cannot be challenged by simply paying month to month to live in a rental house.
Just having financial obstacles does not have to stand in the way of you purchasing a home. To qualify for a Rent To Own agreement you must meet these basic eligibility requirements:
- You must have, and be able to show, a consistent income.
- You need to be able to make a small down payment. Since the down payments for such rent to own agreements can be as low as $2,500, this payment is much easier to approach than those of traditional purchasing arrangements.
Enjoying a home with your family is about more than just living in a house. Owning your own home fills you with the pride and security of knowing that you have something tangible for you, your family, and your future. If you have reached the point at which you want to make the transition from renting to owning your home but are facing an obstacle to traditional purchasing, consider our program as your home ownership solution and start building your equity today!
Get in touch to get started: RTO@Realtycorp.ca