Is Your Dream Home Still A Dream?
If you have always dreamt of owning a home someday but are credit challenged then we can help you.
Does this sound familiar?
- You pay your landlord rent each month?
- You’ve been turned down for mortgages before?
- You hold back from buying a home because of hefty down payments?
If your answer is yes to any of these questions, then we can help you save your hard earned money and channel it towards buying a home for yourself. We do most of the work for you and at the end of the tenure you will be able to:
- Buy a home you always dreamt of
- Rebuild your credit
- Have sufficient time to analyze other properties
- Sell off another home
- Save up so you can pay towards a larger down payment
If you still do not believe this is possible then read on to see exactly how this novel program really works! It is pure arithmetic and you will be amazed why no one ever thought of this before.
Transaction Overview:
Please note, the below mentioned process starts once you send in the completed application form and once we verify employment and income information furnished by you:
Transaction Flow:
How Does The Program Work
Here is an example to illustrate how the tenant or buyer benefits in the process:
A |
Down payment |
|
|
2500 |
B |
Monthly payment (a+b) |
a) Fixed rent monthly |
900 |
1400 |
|
|
b) Negotiable down payment |
500 |
|
C |
Purchase price agreed upon |
|
|
180000 |
D |
Down payment saved |
|
|
6000 |
E |
Total down payment = A + D |
|
|
8500 |
F |
Total owed amount |
|
|
171500 |
The above example takes into consideration a lease period of one year and all prices mentioned are in Canadian Dollars. Agreed purchase price after lease period ends is determined at the beginning so you know the final purchase price of your home.
Our Flexible Terms
As you can see, you gain tremendously by paying towards our rent to home program instead of towards your rent. In addition, we ensure that the amount of down payment is as per your convenience and budget constraints. We consult with you every step of the way to help you channel your existing funds towards purchasing a home that you can call your own! Unlike typical mortgage lending firms, which do not accept borrowed funds for the closing process, we do so. Hence, even if you have funds borrowed from a friend or relative we can use this as down payment too. We also accept trades.
Why You Should Opt For Rent A Home Program
There are many reasons for it. If you wish to buy your own home but are scared of making a large down payment or if you suffer from a bad credit history then we can help you realize your dream home! As explained above, our terms are very flexible and it is a win-win situation for you. By utilizing the power of cash flow, we help you purchase the home of your dreams in a systematized and organized manner.
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