Rent to Own Homes Edmonton Program
If you have been thinking of getting into a rent to own but aren’t quite sure how it all works, then I hope this quick info session will clarify things for you.
The program is designed for people who don’t qualify for a traditional mortgage today; maybe they fall in one of the following categories;
- No Credit
- Bad Credit
- New to the country
- Self Employed
- No down Payment
Or any other reason the lender gives you as to why they won’t let you buy a home.
To understand how the Rent to Own works, we must start by taking a look at the traditional home purchase.