What is Rent-to-ownt?

Rent-to-own is a payment model where you buy and rent the home at the same time. This means the home buyer pays a rental portion to live in the house and, at the same time, pays for the ownership of the house in small, affordable portions over a period of time.

How it works

    • Open your rent2Own homebuyers savings account at the partner bank.

    • Build your deposit in your mortgage savings account (a 10 to 30% deposit will be required)

    • View available home options

    • Select your home

    • Sign contracts and pay your deposit

    • Move into the home

    • Continue to make payments for the stipulated period of time (up to 20 years)