We are able to offer home ownership in Niagara when the banks refuse
The banking industry has some stringent rules it must follow. Unfortunately, there is a lot of the population that does not fit into the neat little boxes the bank would like when it comes to obtaining a mortgage. There are many reasons people get turned down for a mortgage from a bank. They have been forced to turn to Private Lenders with extremely high fees or Rent to Own that carries with it a tremendous amount of risk. Creative Home Ownership is able to deliver a sound solution to those that do not qualify for a bank mortgage.
Rent then Own not, Rent to Own in Niagara
We do have some similarities to Rent to Own however, we have a 100% success rate with out clients. There is no need for our clients to lose their investment. We DON'T add 9% per year to price of the home. We DON'T add rent credits to your rent. We DO lock your purchase price in so that you are earning equity as you rent. We DO offer options for you if you are not able execute on the purchase of the home. There is NO reason for you to lose your money with Creative Home Ownership.
Less than 20% Down Payment
Banks have an option for you to have less than 20% down payment, you purchase insurance from CMHC. For those that do not qualify for a bank mortgage, there are no other options than a large down payment. 20% is the minimum for B lenders or Private Lenders. Creative Home Ownership offers a cost-effective solution for people that have less than 20% down payment. We still require a down payment because we are striving for your successful outcome.
Don't Rent in Niagara
In fact, fire your landlord -- after talking to Creative Home Ownership, you will see just how easy it is to own your home in the heart of Niagara Region.
Can You Fire Your Landlord?
If you can afford roughly $3000/month for your house payment, insurance and taxes, you can own a home in Welland, St. Catharines, Niagara Falls, Fort Erie, Pelham, Lincoln.
When the banks have said NO
Creative Home Ownership steps in when the banks and mortgage brokers say NO - we're here to help you own your home.
20+ Years of Experience
Our team has successfully given homeownership to many that the banks would not help.
Business Owners
We understand small business finances - we're easier to work with...
Credit Issues
Life happens, credit issues happen, we can still work with you to buy your home.
Downpayment
You can even borrow your down payment. Then we will work with you to pay it off.
Our Process
Everything we do is aimed at your successful outcome. Our process includes:
- Understand your unique situation and needs.
- We find a home for you and purchase it on your behalf.
- We lock in the purchase price of the home at TODAY'S market rate. No yearly increases & No HUGE inflated prices.
- You earn equity on the home as you are renting.
- You purchase the home when it makes sense for you at the original amount.
- If you are not able to purchase, we can extend the Option to Purchase Agreement, transfer your money to a new property that better meets your new needs or we can offer to hold a mortgage for you in some instances.
For Business Owners - Learn More
Shariah Compliant Mortgage - Learn More
We are NOT Rent to Own
We are Rent, Build Equity, then Own
What's the difference?
Complete The In-Take Form
Complete our brief in-take form to get things started. Someone from our team will reach out to you as quickly as we can.
