RTO After a Bankruptcy or Consumer Proposal?

Did you know that the question I am asked the most frequently about RTO is:

Can I rent-to-own if I’m coming out of a bankruptcy or consumer proposal?

While I can’t say for sure without knowing your specific circumstances, rent-to-own can be a great option for those who have struggled with credit issues in the past, including consumer proposals or bankruptcy.

Because the entire rent-to-own process takes a few years, it gives you a good opportunity to continue repairing your credit over the time period you’ll spend working on the rent-to-own process.

In combination with our set savings plan, the rent-to-own program gives you the opportunity for supported credit repair with the bonus of a 10% down payment at the time you apply for your conventional mortgage with an A lender (a major bank).

We do require a credit report as you apply to enter our program. Although your credit won’t necessarily disqualify you from our rent to own program, it is important to know where you stand and what will be needed to improve any credit issues while you are in the program. We provide support, you provide the “doing”. Credit repair is a commitment.

Are you looking forward to taking on the challenge of rent-to-own with and the satisfaction of home ownership in Alberta? Book a call today to see if you’d be a good fit! 

If we've already spoken on the phone but you think it's time for an update, go ahead and book another call—I'd love to hear how things are going.