Our Rent To Own Minimum Requirements
Why look for a rental property when you can put together a plan to purchase in as little as 2 years?
Down Payment - 3% of the purchase or $10,000
Maximum Home Price - up to 4.0x (single or combined) annual income
Annual Income - Typically $90,000 or more (single or combined.) The annual income amount needed to be approved depends on your down payment amount and the price of home you are looking at! Please see FAQs below.
Please check out the CMHC calculator below to check your eligibility before submitting a form: