Rent To Own done ethically

Learn how Rent To Own can work for you to get the home you want—Sooner than you think.

Our Rent to Own Program allows you to get into the home of your choice today, while repairing any credit issues you may have, so that you can buy it outright as quickly as possible. We treat you like the home owner the day you move in. You have the option to renovate and to improve the property as soon as you have the keys. The biggest benefit is that you can live in your house while you repair your credit and accumulate enough money for a full down payment!

Another advantage over renting is that any improvements you make and any value you add to the property benefit you in the end rather than the landlord. The price you will pay for the house is fixed, therefore any equity you add is yours to keep.

“My wife and I had long dreamt of owning our own home, but due to financial difficulties in our past it appeared that we would not be able to step onto the property ladder until real estate prices well exceeded our ability to purchase a single family home.”
—Mark L

How does it work?

Our Rent to Own Program involves seven simple steps:

  1. Apply for our program using the Apply Now Button. If you meet the initial requirements, we will contact you by telephone to go over your financial details and we will pull your Credit Bureau.
  2. Once you have completed the application process and we have approved you for our Rent to Own Program, we will determine how much you can afford to pay for a house and how much time you need to repair your credit. The latter will determine the length of the lease. Our team will work with you throughout the whole process to ensure that you are on track.
  3. Once we know what you can afford, it’s time to start shopping for your home! When you have found a suitable house we will buy it using an investor.
  4. We sign two key documents prior to close: a Lease Agreement and an Option to Purchase Agreement. The latter lets you purchase the house at the end of the lease term for a pre-determined price.
  5. The day the deal closes, you receive the keys and you move in!
  6. We do walk-throughs every six months to ensure that everything is OK and we do a review of your credit annually to confirm that you are on track.
  7. You buy the house from us when you’re ready at the end of the term. More good news: You will have saved the full down payment including closing costs as part of our program.


What is the minimum deposit?

The minimum deposit required is $7,500 or 2.5% of the purchase price, whichever is greater. However,  the amount required may be higher depending on the credit profile and the risk involved.

The purchase price is established at the beginning of the lease term and is guaranteed for the duration of the term. It is based on the projected value of the home at the end of the term using average annual increases for the area.

Your initial Option Deposit (i.e. down payment) will be applied to the purchase price as part of your down payment when you exercise your Option to Purchase.

The process is as simple as it sounds. We also walk you through it every step of the way.

“After a rough patch with our finances we thought it would take us forever to own our own house again – doomed to rent forever. Then we discovered the Blue Ribbon Rent-To-Own Program.”
—PT & MT


Learn how Rent To Own is a win for everybody involved.


>>If you ever have any questions or concerns
just give us a call.
We are here to help you!