The current credit crunch has lenders exiting the field like never before forcing many would be home owners out of the marketplace with no choice but to rent indefinitely!

Extended amortization periods and no down payment mortgages gave hope to those who have never before been able to buy. When the Canadian government implemented 3 measures to "ensure the long-term stability of Canada's housing market"they did so - at the expense of some buyers, who will be forced out of the marketplace with no choice but to rent indefinitely. (Source, CAAMP Mortgage Journal, October 2008 edition)

The government's measures for "market stability", specifically the 5% down rule, will see numerous people, even those with good income, credit and stable jobs, forced out of the buying market! For these people leasing to own can be a perfect solution

Leasing to own is the perfect solution that turns Renters into Home Owners!

• Lack of established credit history.
• Lack of sufficient down payment to qualify for high ratio or equity lending.
• Can't qualify for Alt-A high ratio financing due to self-employment or because they are a small business owner with less than two years of history.
• Possess credit challenges due to job loss, health issues, divorce or bankruptcy.
• Client is currently in consumer proposal.
• Low beacon score due to current derogs that caused a decline in the application.

• They FINALLY get their dream home.
They have time to rebuild or improve credit while living in their house.
• Their monthly rent is working for their future instead of lining their landlord's pocket.
• Terms to fit almost any client, starting at 12 months.

• Salaried income proven through job letters, pay stubs, NOA's and T1 Generals.
• TDS, GDS within guidelines of high ratio insurers.
• A strong desire to own a home now and willingness to work hard to re-establish your credit through our credit rebuilding recommendations.
• Have a minimum of 2% of the purchase price as deposit.

For more information on this program download this Brochure.