Benefits of Rent to Own Vernon BC
- Get into the housing market TODAY while prices are low
- Use a lower down payment
- Build equity starting right away
- Build sweat equity with home improvements
- Avoid expensive closing costs
- Take time to repair or re-establish credit
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We Work With
- People with good, fair, bad or no credit
- The self-employed or anyone who has difficulty proving income
- Single income families
- Prior bankruptcies
- People new to the country
- Families who have too small a down payment
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How it works
- Put forward a small down payment that is credited towards the purchase price.
- Each month a potion of rent is put towards the purchase price
- Work towards establishing or repairing your credit
- Apply for financing through a conventional lender when the time is right.
- With your accumulated down payment and a mortgage pre-approval, you purchase your home and officially become a homeowner!
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