If you’re looking to buy a home in Sherwood Park but don’t have the funds for a down payment, you may be interested in EP Homes’ lease-to-own program. With this program, you can lease a home with the option to buy it at the end of the lease term, without having to make a down payment upfront. In this article, we’ll explore the benefits and requirements of zero down payment mortgages in Sherwood Park with EP Homes’ lease-to-own program.
EP Homes’ lease-to-own program is designed to make homeownership more accessible for those who may not have the means to make a large down payment. With this program, individuals can lease a home with the option to buy it at the end of the lease term, without having to make a down payment upfront. This can be a great option for those who are unable to make a large down payment but still want to become homeowners.
One of the main benefits of EP Homes’ lease-to-own program is that it allows you to become a homeowner without having to save up for a down payment. This can be especially helpful for first-time homebuyers who may not have a lot of savings. Additionally, EP Homes’ lease-to-own program can help you save on upfront costs, such as closing costs and other fees.
EP Homes’ lease-to-own program does have certain requirements that must be met in order to qualify. These requirements may include a minimum credit score, a stable income, and the ability to make monthly lease payments. EP Homes will work with you to determine your eligibility for the program and help you navigate the process of becoming a homeowner through their lease-to-own program.
EP Homes’ lease-to-own program can be a great option for those who are looking to buy a home in Sherwood Park but don’t have the funds for a down payment. By leasing a home with the option to buy it at the end of the lease term, you can become a homeowner without having to make a large upfront payment. If you’re interested in learning more about EP Homes’ lease-to-own program, be sure to reach out to them for more information.
We’re EP Homes. We’re on a mission to help everyday people become their best financial self; as homeowners.
It only takes 5 mins and will not impact your credit score. One of our team members will reach out to you after your submission.
Submit the required information and complete your application. Find your dream home with one of EP Homes' builder partners.
Once you choose your home, we buy it. Yes, really! We will set your move in date and finalize your Bridge to Own™ Plan. EP Homes will pay for the home and cover the GST and closing costs.
Move into your home, get comfortable and plant your roots. Rest easy knowing, you are living in a warrantied home.
Make your regular payments on time and accumulate a down payment. Review your Bridge to Own™ Plan on a regular basis with EP homes team.
The EP Homes Team will help you prepare your mortgage application with the lender of your choice. Once your mortgage is approved*, we will help you transfer the property title into your name.
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