High Debt Ratios

Don’t let your credit situation get in the way of your dreams

Don't let High Debt Ratios Stop you from becoming a Homeowner

Our program helps people across Canada buy their own home and regardless of their current or past situation. Our program is designed to set you up for success and achieve your dreams of complete homeownership, even when the banks say no.

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Don't let debt hold you down

It’s normal for Canadians to have debt in some form, whether it be a car payment, mortgage payment or credit cards, especially given the current state of the economy. When it comes to homeownership, banks look at your current debts, including car loans, and student loans when making a decision about your mortgage qualification.

Car loans and other loans are considered “debt” and your debt-to-income ratio is a factor in qualifying for a traditional mortgage. Our program looks beyond high debt ratios and focuses on getting you into a home of your own that you can afford.

A simple, guided process

The process of buying a home should not be scary or overwhelming. With our program, it CAN be painless and easy. Rent Live Own aims to help you get into a home that best fits your lifestyle even when the banks say no.

If you’re considering applying for our program with bruised credit, be prepared to answer the following questions:

  • Your current monthly income
  • Length of employment at your current job
  • Length of time you have lived at your current address
  • If required, is there someone who can act as a cosigner?
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Start your application today

Once your application is received, the Rent Live Own team will work with you every step of the way to get you into a new home. Utilizing our trusted network of real estate agents and dream supporters coupled with their years of expertise, we can get you into a new home fast. We believe everyone deserves to own their own home, and your credit situation shouldn’t hold you back.

Stop paying someone else’s mortgage and start your journey to financial freedom

Complete our 5 minute application and get approved for homeownership fast.