At MSI we want to work with people who already have a homeowner mindset. Our Homeowner Prep Program is ideal for anyone who:
Most commonly, the main obstacle for our clients is obtaining a mortgage because they currently do not meet lender requirements. Through our Homeowner Prep Program, we offer our clients an alternative for home ownership and provide enough time to build the credit and equity required to successfully purchase their home at the end of the rent-to-own term.
How the Homeowner Prep Program Works
The Homeowner Prep Program allows you to begin investing in homeownership today and is designed to help you strengthen your financial position so that you can qualify for a mortgage in the future. Through your participation in our HPP we help you:
Homeowner Prep Program Requirements
While we do not have the same strict qualification requirements as the banks, we do have some basic requirements for participation in our program:
Developing the Homeowner Mindset
Our Homeowner Prep Program is designed to put you in a position to officially become a homeowner. The program develops the homeowner mindset as you work at:
Within a short time you will become a homeowner, but more importantly you will build wealth and equity in the process
What is Rent to Own?
Simply put, rent-to-own is renting with the option to buy. The deal is setup using an Occupancy Agreement and an Option to Purchase Agreement. With rent-to-own, then tenant-buyer has the option to purchase the home at a pre-determined price within a given time period.
Rent to own is also known as lease to own, lease option, lease purchase, or rent to buy.
Benefits of Rent to Own
There are several benefits of rent to own, but the biggest benefit to our clients is that we are often able to say yes when the bank has said no. With rent to own programs, clients can:
How Does Rent to Own Work?
If you’re feeling a little disappointed, a little hopeless when it comes to buying your own home, or if you’ve been turned down by mortgage companies or the banks before, you’ve come to the right place. At MSI we specialize in helping deserving, Ontario renters just like you get into a home of their own fast.
NO MORTGAGE? NO PROBLEM!
Huge numbers of honest, hard working people here in Ontario lack the near perfect credit that banks and mortgage companies require to buy a home. If you fit into this group, don’t be discouraged because there are still ways you can get into a home of your own today.
YOU CHOOSE YOUR DREAM HOME – WE’LL BUY IT FOR YOU!
What if there was a way for you to choose your dream home today, and move in without having to come up with a huge amount for down payment and closing costs, or worry about rejection due to credit problems? Would you be interested? Of course you would!
How it Works