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Oliver's Rent to Own : A Path to Your Dream Home**
Welcome to Oliver's Rent to Own program, where they've been helping families acheive their homeownership dreams for over 12 years alongside RTO certified realtors like myself.
The mission is simple: to assist families in helping other families secure a place they can call home.
Who Can Benefit from Rento to Own ( RTO)
Oliver's RTO is designed for individuals and families who might find it challenging to opbtain a mortgage through tradiotional means, such as banks. These includes: - Thoese with consumer proposal or bankruptcy history. - Individuals with poor payment records or excessive debt. - Self-employed professionals and New Canadians seeeking a fresh start. - Divorced individuals and millenials facing high cost of living. - Anyone with limited job history that don't meet the banks' requirements.
Financial Consideration
Income Requirements : Depending on your location, a combined
household income of $200,000+( in GTA) or
$80,000+(outside GTA) is needed.
Downpayment: A minimum of 5% of the purchase price is recommended, which is typically used as a deposit during the purchase offer process.
Budgeting: Aim for a budget that is approximetly 4 to 4.5 times
your house hold income as a purchase price maximum.
Ready to take the first step towrads homeownership? Contact me today to learn more about how Oliver's rent to own can help you acheive your dream!
**Disclaimer: This informations is provided for general purposesonly. Consumers are stronlgy encouraged to conduct heir due diligence and seek professional advice as needed. I am not liable for any decisions made based on this information.
How Does It Work
1.) ME: Speak with me to see is you would be a good candidate.
2) Apply : get you started and speaking to an RTO mortgage underwriter
specialist.
3.) O's RTO Decision: if approve, we'll discuss the maximum price,
estatimate monthly rental payments and other essential details.
4.) House Hunting: Start looking for your dream home within the
approved price range.
5.) Finalizing: Once you've found the perefect place, and Oliver's
approval, they will connect you with an investor. Again, terms,
conditions, price are discussed and once agreed. Offer is submitted.
6.) Conatulations : If your offer is accepted, you're now the proud tenant
of your future home, with the tittle set to transfer in a few years!