Learn More About Rent To Own
Essentially, “Rent To Own” (also known as rental-purchase) is a lease type agreement between the buyer and seller, where there is an option to purchase at some point during the agreement. It is a way of purchasing a home when you have challenged credit or no down payment in place. It certainly has its advantages, but in order to have a successful transaction, details of the contract need to be clear and compliant with governing law and lender guidelines and rules.
In the Vancouver area, with rising prices, Rent To Own is a viable solution for some buyers. However, be careful when you enter into a “Rent To Own” contract. In BC, if there is mortgage solicitation involved, you require a licensed mortgage broker to facilitate the mortgage for you. If the mortgage is being arranged only by a Real Estate agent or developer, you need to make sure that a licensed mortgage broker is guiding you through the mortgage process.
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Exceeded Our Expectations
Our son-in-law and his wife recommended your company to us. We are so thankful that they suggested your…
Mortgage Broker Company to us. The content of information that you provided to us for our refinance was absolutely fantastic, couldn’t have been handled any better. We had a couple of glitches that came up but Wrenetta took care of them immediately and brought our stress level back down. I don’t think we have ever had such a smooth flowing experience in attaining a new mortgage. This experience exceeded our expectations. Paul & I are extremely overjoyed and blessed to have worked with this company and especially Wrenetta Sinclair. Wrenetta dealt with every problem immediately and every time I emailed her, I had a response with minutes. We highly recommend Geoff Lee and GLM MORTGAGE GROUP to anyone looking for finance/refinance. Thank you so very much.
Paul & Betty Makarenko, Beeton Ontario
Beat Banks Rate Hands Down
Geoff was awesome from the get go. Always answered any questions I had regarding the entire process whether… that was by email or phone. My mortgage was approved relatively easily and with a great rate. Beat my banks rate hands down. Thanks again Geoff and GLM. Would definitely use you guys again.
Greg Wallace, Langley, BC
Geoff Knows What He Is Doing
Geoff knows what he is doing! I met Geoff earlier this year and I have been extremely impressed with…
his professionalism and dedication to his clients. If getting approved by the bank is challenging for you, Geoff can teach you what you need to do to get approved. He’s not about the sale, but helping people understand their options and teaching them what they need to do. If you like to get things done quick and painlessly Geoff at GLM Mortgage Group is your man!
Rob Torrance, Langley BC