The Lease to Own Program

It has been our experience that people are often left scratching their heads when they first hear about the concept of rent to own.  The idea that someone could actually rent and then own their home can be mind blowing for many.

But it is an incredibly unique opportunity that only a few people have been exposed to.  The best part however, is that this program literally transforms the financial destinies of those who partake. 

Click here to read our testimonials.

So lets get to work here and demystify the program  so you know exactly what it is, how it works and how you can get involved.

Access Denied!

We have been conditioned to believe there is only one way to own our home; either financing through a bank or credit union!  While this is the most common way that home ownership occurs, financial institutions have a very strict criteria that they use to govern who is granted financing and who is not.

The problem that arises of course is, what happens if you have been declined financing?  Well in the past- NOTHING! You were out of luck.  Home ownership was not in your destiny.  It was a pipe dream that “other” people were fortunate enough to participate in-but NOT you.

If you are with me so far, then you might be one of those people who have been denied access to the funds you need to purchase your dream home.

Bridging that Gap…

It is important to realize that banks and traditional lenders are not the enemy, but in light of less than favorable economic conditions they are tightening their belts when approving mortgage applications.

That said, they continue to use the same time tested approach  to see who qualifies and who doesn’t.  They simply plug in a bunch of your numbers and then based on the financial profile created you are either “Approved” or “Declined”.

This, of course, is a glorious moment for those approved; catastrophic for those declined.  And the harsh reality is banks and other lending institutions are not in the business of moving those who are declined to the list of those who are approved.

BUT fortunately, this is where Home Owner Soon comes in. 

We bridge the gap between that “NO!” you first receive and the future “YES” you will achieve.

Who we work with…

So who do we work with?  Our clients generally fall into one of the categories below.  They…

• have a good income but lack an established credit history
• have a good income but have a poor credit rating
• are self employed
• are entrepreneurs
• have credit challenges due to past circumstances such as job loss, divorce, bankruptcy or health issues
• lack a sufficient down payment
• are in consumer proposal
• have declared bankruptcy in the past

What we REALLY do…

While it would be easy to say we simply provide an opportunity for home ownership to individuals who might never otherwise get the chance, this does not really encompass the entire scope of what we do.

In reality, we are much more than that.  We are a much needed lifeline to help those in our care re-establish themselves financially by investing in home ownership – one of the best vehicles that exists for building personal wealth.

And to guide our clients along this path, we remove the stumbling blocks listed above that have prevented them from tapping into traditional financing.

We accomplish this by helping them…

• repair their credit
• establish a credit history
• create a mandatory savings program to help amass the down payment necessary to purchase that dream home at the end of their lease term

What the tenant/future home owner brings to the table…

At this point you are probably thinking this sounds a little too easy.  Well the simple fact is, IT IS.  If you fall into any of the areas described above then there is a strong possibility we can help.  But there is a catch (yes there is always a catch)!  All tenants/future home owners need to be in a position to provide the following…

• a down payment of at least 3% to 5% of the purchase price of the property in question (the higher the better of course)

The GREAT NEWS however is the down payment is credited to you as a deposit and will form part of your overall equity in the property.

• the financial security needed to cover the monthly rent payments+ the monthly option lease credits

Monthly Option Credits are typically 20% of your rent payment. The monthly credits accumulate over the entire lease term and are used as part of the final down payment which will be credited towards the purchase price of your dream home.

What happens once qualified…

Once you have been qualified into our program  (click here to Apply Now) then the real fun begins.  Based on the numbers provided, you then go out and find a home that works within your accepted price range.

This makes a ton of sense when you think about it.  You get to choose the home you want in the area you want at a price you can afford.  It doesn’t get any better than that.

Final Steps…

Once you finally find that home you want, there are only a few steps left in the process.  These include…

• setting up a lease period which will allow you to secure traditional financing at the end of the lease term
• agreeing to a final purchase price of the home at the end of the lease (this is done before you even buy the home)
• finalizing both the lease option and monthly credit options

Benefits of this Program…

There are numerous benefits to our program.

• it’s easy to qualify! Your current credit score is not a factor in our decision
• your monthly payments and down payment are affordable
• your final purchase price is guaranteed in advance
• you start building equity IMMEDIATELY
• you are free to do any renovations you choose since this will be your home
• we offer financing for both new homes and existing homes for resale

Get Started Now…

So there you have it.  That is our program in a nutshell.  This really isn’t a very complicated process and as we stated earlier we transform lives with our program.

So what is next?  All you need to do is click here to  APPLY NOW!