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zero down mortgage
Claire Drage, AMP
  Senior Mortgage Expert

 T. 289.679.0123
 C. 905.330.9488

 F. 866.755.3750


 Mortgage Alliance

"My fiance and I had only been working for a year and a half in our new careers since graduating from University.  We were paying high rent and wanted to explore the option of buying with Zero Down.  We came across Claire's website, and with all the testimonials, we decided to contact her.  She let us know within one day that we did qualify for a zero down mortgage!  We are waiting to move into our brand new condo in a couple weeks, and we highly recommend the services of Claire Drage!!"

-Tim and Brenda

Your Mortgage Options with Claire Drage, AMP
Zero Down Mortgages

Rent to Own Homes

Maybe some of the options above don’t fit your needs? Another alternative is Rent to Own. In addition to a small down payment, maybe you also have some credit blips you need to fix, lower income due to maternity/paternity income, recently self-employed, unexpected job change etc. There can be many reasons why you aren’t able to purchase now or qualify for a mortgage and maybe a Rent to Own could be the perfect solution to owning your own home and building up your own personal wealth.

rent to own mortgages familyWe assist our Real Estate Investors who will back your efforts to become a “home owner in training” in a contract through a Rent to Own Program:   You will be entering into an agreement where an initial deposit and part of your monthly payment over and above market rent, acts as accumulated down payment over the course of the rent to own term.  

You then use this accumulation of funds as the required down payment for you to purchase the home at the end of the contract.  You then agree to purchase the home at that time, at the pre-agreed price, and you are then a proud home owner.  This agreement is a win-win for you; getting you into your first home sooner, and helping you save for the required down payment.

Our program is unique in that we go beyond helping you find your perfect home - we will walk you thru this process Step by Step…

  • Step 1:  Before you enter into the Rent to Own Agreement, we will have taken an application from you and collected some documentation.  Our role is to investigate if Rent to Own is the right option for you and most importantly, ensure we can obtain a mortgage for you at the end of the Rent to Own Agreement.  It is really important for us as your advisors to ensure this is a win-win for both you and the investor. We can provide you with a full picture of what you need to do to qualify for the mortgage at the end of the agreement e.g. fix any credit issues, income clarification, etc. 
  • Step 2: We will then provide you with an Action Plan that covers the entire term of your agreement so that you can work on any blips or fixes that we have identified so that you continue to qualify for the mortgage financing at the end of the term.
  • Step 3: We will offer you a Quarterly Check Up to make sure you are on track with the Action Plan and our recommendations, again continually working towards ensuring you are a strong candidate to qualify for a mortgage at the end of the agreement.
  • Step 4: Four months before you are due to take over your Rent to Own property and become proud home owners, we will secure a mortgage approval for you with one of our best lenders.
  • Step 5: We will walk you through the process step by step to close your purchase as a home owner right up to your funding date... and beyond.
  • Step 6: We will schedule Annual Mortgage Check-Ups to make sure your mortgage still meets your needs and works for you.  During these Check-Ups we will also discuss scheduling your Mortgage Burning Party!

rent to own home OntarioWe can make your dreams of home ownership a reality... visit www.rent2home.ca for more information.



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