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“We wanted to get a mortgage directly, rent-to-own was an option for those who do not have all the requirements to get a mortgage, we knew we could not spend more time waiting to get all the requirements” - Jose
Meet Ingrid and Jose, a couple whose journey with Requity Homes started in Saskatoon, and ended with them owning a home within 8 months.
Originally from Colombia, Ingrid and Jose lived in Calgary and Ontario for a combined 13 years, before deciding to move to Saskatoon. Living in Saskatoon for a year, Ingrid works as an Education Assistant, while Jose is an Assembly Technician, and they both have stable incomes.
Despite having stable income, traditional mortgages were a challenge due to a combination of a lower credit score and not enough history with their current jobs. Staying hopeful, Ingrid and Jose turned to Requity Homes and began the rent-to-own program for a 2-year term.
By living frugally and saving diligently, the couple managed to save more than what Requity Homes had originally planned out for them, steadily building towards their down payment goal. Because of this, they were able to successfully purchase back their home from Requity Homes in a record time of 8 months!
Ingrid and Jose have been able to turn a house into a home over the past 2 years. The property, nestled on the east side of Saskatoon, has been perfect for the couple to connect with the city and settle down. Over the past year, Ingrid and Jose have invested their time and effort into their home, building equity from the home.
For Ingrid and Jose, homeownership is not just about living in a property, but the fulfillment of being able to have a place to call home. Their rent-to-own journey with Requity Homes has brought them to their goal and allowed them to settle down in a community that welcomes them like home.
Ingrid and Jose are a perfect example of what's possible for others facing similar financial challenges. With the support of Requity Homes, rent-to-own in Saskatoon turns from just a dream to an achievable reality.
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