The RENT-TO-OWN Program is designed to accumulate the 5% down payment that is required to purchase your new home. You will have to qualify for a mortgage to participate in this program. To find out if you qualify , please contact our mortgage specialists on the finance page.

Enter House Price
$
Enter any total deposits you can afford before the move-in date
$
Amount with Due upon signing $
MONTH #1 (Move-in) $
MONTH #2 $
MONTH #3 $
MONTH #4 $
MONTH #5 $
Reset MONTH #6 $

 


The Rent To Own Program applies to any of our homes but you must qualify. You give a $500 deposit when the paperwork is done .

With the Rent To Own Program, we give purchasers a work credit "Sweat Equity". This work credit includes painting the interior walls of the home and doing a very light cleanup.

Please note that Pratt Homes completes a full paint of the trim and doors, a full exterior paint of front door and garage doors and a primer coat on the main walls! Pratt Homes even supplies a paint kit and some supplies for this work.

For this "Sweat Equity", you will be credited $2500 towards your downpayment. When you move into your home, a $2200 deposit is given as your first month's rent. (At this point you have already accumulated $5200. towards your downpayment)

While you are living in your home for the next 5 months, you will pay a combination of downpayment and rent in order to accumulate the balance of your 5% down payment.

 
If you have any further questions, please contact our sales office at
1•866•404•6142 in Innisfil or 1•800•298•9906 in Barrie