Rent-to-own Homes with No Down Payment in Edmonton!

Are you currently renting? Don’t have a down payment?  A rent-to-own program might be the solution you need to make homeownership a reality. EP Homes offers rent-to-own programs in Edmonton that can help you achieve your dream.

 

EP Homes’ rent-to-own programs in Edmonton is unlike any other rent-to-own programs. You pick your home, make monthly rent + savings payment for three years, and purchase the property at the end of the lease term.

One of the most significant advantages of EP Homes’ rent-to-own programs is that they require no down payment. This means that you can move into your dream home without having to  have an upfront down payment. Instead, you can focus on saving, building equity in the property and improving your credit score during the term of the program.

EP Homes’ rent-to-own programs also offer flexible lease terms ranging from two to three years. You have the option to purchase the property at any time during the lease term, giving you the flexibility to become a homeowner when  you’re ready.

 

Another advantage of EP Homes’ rent-to-own programs is that they can help you build equity over time. Unlike traditional renting, where your monthly rent payments go towards your landlord’s equity, EP Homes’ rent-to-own program’s monthly payment has a lease + savings component. The savings component is a portion of your monthly rent payment that accumulates to form your down payment.  This means that by the end of your lease term, you will have your down payment, making it favourable for you to obtain a mortgage.

To find rent-to-own properties in Edmonton, you can start by browsing online listings and classifieds. You can also contact a local real estate agent who specializes in rent-to-own properties. They can help you identify properties that meet your needs and budget, as well as provide guidance on the rent-to-own process.

 

In conclusion, EP Homes’ rent-to-own programs in Edmonton are an excellent option for those who dream of owning a home in the city but do no have a down payment. With 0% down and flexible lease terms, this program can help you achieve your goal of homeownership while you save, buildequity in the property and improve your credit score. Contact EP Homes today to learn more about their rent-to-own programs and take the first step towards owning your dream home in Edmonton.

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