TMG The Mortgage Group
Rent to Own Saskatoon and Regina
Rent to own
with requity homes
Ready to become a homeowner but cant qualify for a mortgage? Tired of paying someone else's mortgage?
Step1
Click the link above to complete your pre-qualification. We’ll provide a pre-approval budget based on your information so you know what you can afford.
Step 2
Work with a realtor to explore homes that fit your style, needs, and budget. I can provide realtor recommendations who are experienced with the Rent-to-Own program to make the process smooth and stress-free.
Step 3
Once you move in, we’ll guide you step-by-step on how to transfer the home into your name—your journey to ownership starts here!
Bruised or Limited Credit
Limited or no credit history? No problem! Every month your rent is reported to the credit bureau, helping boost your score—something traditional landlords don’t offer.
Newcomers to Canada
Just arrived in Canada and struggling to qualify for a mortgage? The Rent-to-Own program gives you a path to homeownership while you establish your financial history.
Life at a Crossroads
Going through a divorce or waiting for a separation agreement? Self-employed or facing other financial transitions? This program allows you to secure a home and plan your next steps without the stress of immediate full mortgage approval.
Program Eligibility
To qualify for the Rent-to-Own program, applicants must meet a few key requirements:
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Household Income: $70,000 or more per year.
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Relocation: Willingness to relocate or purchase in a larger center, such as Saskatoon or Regina (populations 50,000+).
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Down Payment: At least 2% saved toward the home purchase.
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Credit Requirements: Minimum credit score of 500, with no active bankruptcies or consumer proposals.
How the Rent-to-Own Program Works
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Choose Your Home
Pick any home in a qualifying city that fits your needs and lifestyle.
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Move In & Start Building Equity
The company purchases the home, and you move in as a tenant. Your monthly payments are similar to a mortgage, with a portion going toward your future down payment and closing costs.
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Support While You Qualify
You have up to 3 years to work toward qualifying for your own mortgage. During this time, both the company and I provide personalized guidance to help you succeed.
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Flexible Purchase Timeline
Ready sooner? There’s no penalty for buying before the 3-year term ends. You also receive a guaranteed purchase price upfront, so there are no surprises when it’s time to transfer the home into your name.
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Peace of Mind & Minimal Fees
Legal fees are covered by the company, except for the home inspection (typically $300–$500). If you decide not to proceed after 3 years, you can walk away and receive your savings back, minus a small cash-out fee.
Documents You’ll Need
To get started with the program, you’ll need to provide a few key documents:
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Two forms of identification
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Your most recent Notice of Assessment
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Six months of bank statements
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Two most recent pay stubs
Unsure what category you should pursue? Start a quick and easy traditional application and I can let you know what options are available to you.
Start your application today