Rent Then Own!


Damaged Credit

Low Down Payment

New To Canada

Self Employed

Facing Foreclosure

Tax Arrears

Facing Power of Sale

Our revolutionary rent to own program gives consumers an alternative when their Bank says “no”!

Our Rent To Own Program also helps families avoid the inflexible rules set by banks and allows them to become new Home Owners or Refinance their existing home should they be facing Power of Sale or Foreclosure.

We have been so conditioned to believe that there is only one way to obtain financing to buy or refinance our homes.

The media tells you the choice is between a bank or a credit union. Not true!

It is important to realize that traditional lenders are not the enemy, but, when banks start tightening their lending guidelines…as they have in the past few years… they decline many clients who deserve a chance at becoming a home owner.

Banks continue to use the same time tested approach to see who qualifies to become a home owners and who doesn’t. Banks simply plug in your financial numbers, examine your credit bureau and then based on the financial profile they create for you…you are either “Approved” or “Declined”.

This, of course, is a glorious moment for those approved, catastrophic for those declined.

Unfortunately, banks and other lending institutions are not in the business of moving those who are declined to the list of those who are approved.

Fortunately, this is where the Home Owner Soon Rent to Own Program will “Bridge the Gap”.

We bridge the gap between that “NO!” you first receive and the future “YES” you will achieve.

Which situation best describes yours? I want to…

Own My Own Home /
Rent to Own Program

Stop Power of Sale (Foreclosure) /
Lease Purchase Buy Back Program


Our Lease Purchase Program starts with a down payment as little as 3% or $10,000 down (whichever is greater) if you are Purchasing a New Home.

We have taken the “concept” of Rent to Own of the 1950’s and have modernized the concept to adapt to today’s lending environment.

With our unique program you can move into the house of your dreams today and become the owner of the property at some point in the future…during the rent to own term…normally 3 years…our team of experts work with you to correct the issues that cause your bank to say “no” today – making you “bankable”.

In purchase situations there are some costs that do come out of pocket, in refinance situations, these costs may be able to come from the existing equity in your home.

A client has the greater of 3% of the Purchase Price or $ 10,000 down and wants to buy a home today. Their credit score is low because they experienced a “life event” that caused their credit rating to get derailed and now it is below the banks standard. Instead of renting we can help you move in today…repair your credit through our Credit Compass program and become the home owner at the end of the lease term…during the program your down payment will be built to mortgage standards…your credit rating is repaired and you will be able to walk in to a bank and get that “yes” you have been seeking.

You should be prepared for additional closing costs such as Independent Legal Advice (ILA), appraisal and home inspection and possibly a broker fee if you are being referred in through a Mortgage Agent.

If you are transitioning from a renter, consider our Purchase Program as Home ownership Boot camp helping you easily transition from renting to owning.

As a home owner, you have to consider additional cost such as property tax, house insurance and other cost in your budget you might not be accustomed to when you are renting.

The Home Owner Soon Rent To Own Program helps you budget and prepare for the extra cost so you are best prepared moving forward. Also if your credit is damaged, our Compass Credit Management program will give you the guidance needed to correct any credit issues, build a new credit rating and put you in a position to qualify for a future mortgage.

Please note, Lease Purchase Payments are higher than normal rental payments as up to 20% of the monthly cost is added to your initial down payment to put you in a prime qualifying position with your Bank and CMHC. Our underwriting guidelines mirror all the major banks so you are confident to exit at the end of the term.


Here is a summary of events which occur during the Rent To Own Program

You work with your own realtor or one of our associate Realtors to find the house you want to own in the future…we do not have an inventory of houses to choose from.

Once your Funding Partner is located, we will draft the Contracts which contain the financing details of your Lease Purchase Program.

Once your lawyer has given the “green light” you will need to sign and return the contracts.

If you agree to the terms of the Rent To Own Program, we then ask you to send us back a signed copy of your acceptance along with supporting documents for our review.

Once we are satisfied your rent to own program will achieve the end goal…a successful exit…we will find a suitable Funding Partner.

We close…you move in and we start working on the “Exit Strategy” put in place before you were approved your Rent To Own Program

The Real Estate contracts are then signed between the Seller of the Property and your Funding Partner…remember…your Funding Partner will actually buy the house on your behalf and you sign contracts to become the future Home Owner using our Rent To Own Program

You “must” take these Rent to own program contracts to your lawyer to obtain Independent Legal Advice (ILA)…it is mandatory with our program. Once your lawyer has given the “green light” you will need to sign and return the contracts.

Our Underwriting department analysis your application to ensure you can afford the Monthly Lease to Own Payment and that we can formulate a plan to get you into Home Ownership in the future. Basically we make sure we can resolve the issues that make Banks say no today. Once we are confident you can exit our program we will send you a Rent To Own Program offer for your consideration.

What Clients Say About Our Home Owner Soon
Rent to Own Program...


A Big thank-you to the team at HOS Financial. We feel very indebted to you. Without your help we would have lost our home.

Rob & Lyn B.

Brantford, ON


When my landlord suggested he was going to sell the home we lived in for 5 years, HOS Financial was there to help us purchase the home when my bank said “no”. The Home Owner Soon Program allowed my children to stay in the only home they have ever known. A big THANK YOU to the entire HOS Family. We are forever grateful!

Virginia S

Toronto, ON


We were just about ready to throw in the towel. Everywhere we looked for help we were turned away. Then, we were introduced to the Home Owner Soon Program. Today, we are proud homeowners and thankful to the team at HOS Financial for all their support!

Carla H.

Brampton, ON