Dreamlife Rent to Own Program
Dreamlife Property Management Inc. specializes in Rent to Own program that helps qualified tenant-buyers get into their dream homes sooner even when they do not qualify with traditional lenders. We also help our investors make a stable and predictable return on their money through investments in real estate opportunities.
What is Rent to Own?
- Renting with an option to buy at the end of the term.
- We collect Option Consideration upfront.
- Gives tenant-buyer Option to buy at the end of term.
- Part of rent goes towards their down payment.
- The client purchases the home at the end of term.
Dreamlife Rent to Own Program Guidelines
- Program term could be 1 to 3 years
- Properties could be through MLS or private.
- Must be marketable & good economic indicators.
- Can work with poor or no credit
- Client must qualify for mortgage at end of term.
Benefits to Mortgage Broker
- Referral bonus / Finders fee upto 1% of purchase price.
- Clients may be happy that you gave them an option instead of refusal.
- Opportunity to still work with the client even if they do not qualify now.
- Satisfied Client with the Rent to Own win-win strategy.
Role of a Mortgage Broker in Dreamlife Rent to Own program Everyone wants their mortgage experience to be simple, straight forward and effortless. That is why our focus has been on establishing an extraordinary team of real estate professionals and one of the major player is a mortgage broker. A mortgage broker can correctly assess and decide what needs to be done in the next 1- 3 years for you to qualify for a mortgage. Mortgage brokers also have access to a variety of private lenders and hence play a vital role in the process of a Rent to Own program.
We with the help of our phenomenal team have the confidence, competence and experience to get the job done. Our mortgage brokers have infinite industry knowledge, world-class results and are committed to excellence. We take the time to understand your situation and your unique mortgage requirements. We offer time and cost saving opportunities, specialized knowledge, objective advice and superior customer service. Regardless of whether it’s a new purchase, a debt consolidation or the refinance of an existing property, we are with you every step of the way.
To get advantage of this program and the learn the details of this program, please fill in this quick form and we will send you a detail document outlining the Dreamlife Rent to Own program – Qualification criteria, Rent to Own Process described, Type of clients we serve, Documents required, Finders fee calculations and how you can continue to be involved in the process.