Expert Advice for the Mortgage Broker: A Step-by-Step Approach to Successfully Facilitate Rent-to-Own Home Deals
As a Mortgage Broker you know getting a loan from Banks and Credit Unions is tough these days. The government has set strict rules, so people often need an excellent credit score to buy a new home. Also, there’s a refinancing limit (80%), which means people facing financial problems have very few options when they […]
Unlocking Homeownership in Canada: Tenant First Rent to Own
Are you looking to break free from the rental cycle and step into homeownership in Canada? HOS Financial has been a pioneer the rent-to-own concept, connecting aspiring homeowners and savvy investors for mutual benefit. In this article, we’ll explore the Tenant First Rent to Own model and how it differs from the traditional Property First […]
Rent to Own vs Mortgage: Knowing the Differences
Are you intrigued by rent to own as an alternative to the traditional mortgage route to homeownership? It’s no secret that the rate of homeowners has gradually declined. At the same time, the number of renters has been on the rise, and their growth rate is more than double that of homeownership. The big question […]
The Impact of Inventory on Home Sales
It’s no secret that Canada has had a shortage of housing inventory over the last couple of years, in part due to the high levels of demand that accompany low-interest rates. In fact, 2021 was a record-breaking year concerning all-time lows in inventory. It was also, however, a record-breaking year concerning total home sales. Because […]