Our rent to own program is the option for those that can’t get a mortgage today but are willing to work towards getting approved in the near future.
Regardless of your credit situation and your down payment, we will work on getting you approved for a rent-to-own home. Our licensed realtors will help you find the perfect home.
Rent is just a term. In our program, you are considered the owner the day you move in. Your monthly payment will help build up your down payment, while boosting your credit score.
Once you have enough down payment built up as well as good credit from consistent monthly rent payments, you can qualify to take over the home as a legal owner.
Fill out the form bellow and we'll get you an answer within 72 hours.
Full freedom of choice in choosing the home that suits you best!
Our investors will purchase the house you have selected.
The price of the home AND the rental amount get FIXED. No increases!
We will work with you to help you fix any credit issues and through the monthly rent, your down payment will increase.
At the end of your rental term, we help you qualify for the mortgage.
Once approved, you become the owner! And, get to keep all the equity in the home!
We know life sometimes throw you a bunch of curve balls. It could be a divorce, bankruptcy, consumer proposal, loss of job, work place injury, being new to the country, self-employed or bad/no credit. These challenges shouldn’t hold you back from owning a home with our Rent to Own Program.
Are Banks saying NO for a mortgage?
Rent To Own Smart will provide you with an opportunity to get into a home so that you can fix your credit by making consistent, monthly payments.
New Canadians face the challenges of not having an established credit history. The Rent To Own Smart program will help solve that by giving you time to build your score while living in a home you will soon be able to call your own.
Problems with declaring income? No problem with The Rent To Own Smart Program. We will get you in a home so you will have the time to build some equity.
The Rent To Own Smart Program will help you get back on your feet. Time doesn't just heal all wounds; it can also help fix your credit issues and build a down payment.
Conventional methods will deny you for a mortgage if you have a low income. Not Rent To Own Smart. We will get you approved for a home that will eventually be yours to own.
We require a minimum down payment of $15,000 or 5% of total price of the home (which ever is larger). So a $400,000 home will require a bigger down then a $300,000 home. This is 100% credited towards your purchase of the home. Your down payment is required at the moment we have the home inspection.
Steady, provable household income that can support the price of the home you would like. A general guideline is $50,000 annually but this depends on the price of the home you wish to purchase. We use the current benchmark to determine your affordability.
Although your credit report won't necessarily disqualify you from our rent to own Program it is important to know where you stand and what will be needed to improve it while you are in the program. We provide support and you provide the "doing". Credit repair is a commitment.
May not seem like a strong determining factor overall for qualifying for rent to own but for us it is. You should want to select your home as this might be the most important determining factor of success. With our program you should commit the time to working with one of your realtors to find the right home. If you don't love the home it's going to make it harder to succeed.
Our goal is to get our clients get into a home as soon as possible, regardless of their credit score and to give them the chance to be a homeowner in the near future.
We've purchased 2 houses with the Cheff & Lanctot Group and are very happy with the service they provided. They offer great quality service and will keep going back and refer anyone looking for professionals to help with real estate.
The Cheff-Lanctot Group was an incredible partner during our search for a new condo. They chauffeured us around at our convenience, and always provided excellent insight and advice on the places we saw.
Once we finally found a place, our broker was there every step of the way. His ability to see things from both the seller's and the buyer's point of view helped tremendously in the negotiation process. He always supported us, and put as much work into our purchase as he would have for his own personal purchase. We would hire someone from this group again in a heartbeat.
The service that the Cheff-Lanctot Group provided to us was beyond our expectations.
Our broker took great care in helping us find a nice condo in a very good location for our son that is going to study in Montreal. His advice and information have been extremely useful for us as we were far away.
We have already recommended their services to our friends and family.
Thank you very much.