The solution is HOS Financial Rent to Own London, Ontario program. Based on an idea that has been used successfully since the 1950s, Home Owner Soon adapted it to the lending environment of today. The result is a proven system that will let you get or keep your home — while improving your credit and positioning you to get a traditional mortgage in 1-3 years.
Make no mistake. The Rent to Own program follows a 9-step process to ensure that we really will be able to help you achieve your goal. We will help you find a Funding Partner who will purchase the house on your behalf even if you have a poor credit score, and we will give you full access to our team of credit experts to restore you to good “credit health.”
At the same time we want you to be fully informed and confident that the program is serving your best interests. We require that you take the Rent to Own program contracts to your own lawyer to get his or her approval — Independent Legal Advice is a mandatory part of the program. Our goal is to see you take full ownership of your home at the end of the program, and this can only happen if you fully understand how it works.
History / Statistics:
Located in the heart of Southwest Ontario, London gives you the amenities of a big city with a touch of community. If you want a blend of career and business opportunities combined with charm, afford-ability, and security, London is a perfect choice. London is also a perfect place to raise a family — London offers dramatically lower child care costs than many other programs.
When it comes to employment, the city is full of job opportunities in several different economic sectors. In particular, London’s economy is particularly strong in health care, education, government, manufacturing, business services, and IT.
In recreation terms, London is known as the Forest City for a reason. Full of tree-lined streets, pristine parks, and trails, London also offers community theatres, performance venues, ski slopes, and even cycling velodromes.
With all these facts going for it, there’s no wonder many homeowners would like to settle in London, Ontario. But what happens if your bank declines to give you a mortgage?
Banks have begun tightening lending guidelines. Now, they are declining many clients who deserve a chance at homeownership, including:
– Those with damaged credit
– New immigrants
– The self-employed
– Would-be homeowners who cannot afford high down payments
– Those in arrears on their taxes
– Those facing Power of Sale or Foreclosure
Unfortunately so many of us are stuck in the belief that there are only two places to get financing for our homes — banks and credit unions. When these turn you down, it can be devastating.
Fortunately, there are other options. If you would like to become a new homeowner HOS Financial can help you bridge the gap between the “NO” you are hearing today and the “YES” you want to hear in the future.
Important: You can qualify for the HOS Financial Rent to Own program regardless of your credit score. As long as you have a regular family income, you are probably eligible.