Discover the Affordable Path to Homeownership in Saskatoon with Rent to Own! For many Canadians, owning a home is the ultimate dream—offering the freedom to personalize your space and live by your own rules without permission. It also brings peace of mind and security, knowing you have control over your living situation. However, securing a mortgage in today’s market is more challenging than ever. With high interest rates, rising inflation, and strict lending criteria, traditional home financing can feel out of reach for those who don’t fit the mold of a conventional, higher-income borrower. Rent to Own could be the alternative solution you’ve been looking for, providing a pathway to homeownership that works for you.
Enter this Rent to own Option in SASKATOON
Requity Homes is partnering with home buyers who don’t check 100% of the boxes in mortgage approval criteria. They offer a simple solution to people who desire to own their own home but don’t have the means to. By partnering with Requity Homes you can “rent” at a rate that you can afford but a part of your rent also works as savings for you to buy the home in the future. It’s a win-win scenario, Requity Homes obtains a mortgage on your behalf while saving a portion of your rent and then transferring the home to you at a predetermined price at a predetermined date in the future.
There are a few criteria you need to meet to work with Requity Homes:
- A minimum credit score of 500 points
- An annual income of $50,000
- $5000 or 2% of the purchase price, whichever is greater.
Let’s get the process started, Contact Me Today!
This program is for those who are:
- Newly self-employed
- Have a lack of savings
- New to the country
- Have a low credit score
Most single-family homes are eligible with some exceptions. Call me today, and find out if you are eligible! Requity covers the land transfer taxes, lawyer fees, and other closing costs when they purchase the home from you.
I have partnered with Requity Homes and I am committed to helping more people get on their way to home ownership in an affordable, meaningful way.
Reach out today to see if this is a good fit for you!