Frequently Asked
Questions

At Saskatchewan House Partners we help people access rent to own homes in Saskatchewan that are move-in ready and ideal for buyers with bad credit, no credit, or low down payment.

We work with properties that meet the following criteria for our rent to own programs in Saskatoon, Regina, Prince Albert, Moose Jaw and beyond:

• Condition: Homes must be livable and in move-in ready condition.
• Type: We support only freehold single-family homes — no modular, leasehold, or co-op housing.
• Location: We currently offer rent to own homes in major Saskatchewan cities.
• Exclusions: We do not work with rural homes, condos, or any properties without municipal water and sewage.
• Price Range: Our rent to own listings in Saskatchewan typically fall between $150,000 and $600,000.

Yes, a down payment is required for our rent to own program in Saskatchewan. The initial deposit typically ranges from 2% to 10% of the home's purchase price.

Your rent to own down payment can come from cash savings, RRSP withdrawals, investments, or other liquid assets. It secures your place in the rent to own program and gives you the exclusive right to buy the home later.

Our team will help you create a low down payment rent to own plan that works — whether you're a first time home buyer, have bad credit, or are looking for no bank financing options in Saskatchewan.

At Saskatchewan House Partners, your monthly rent to own home payment is based on three key factors:

• The value of the rent to own home you choose
• Your initial down payment (starting from 2% to 10%)
• The monthly savings amount you contribute toward your future home purchase

Your monthly payment includes standard rent plus a savings portion that goes toward your future down payment.

Our rent to own program in Saskatchewan (also called lease to own) lets you move into your future home today while saving toward a down payment. We purchase the home for you, and you rent it while building equity. Later, you buy the home at a pre-agreed price — even with bad credit, no bank approval, or low income.

Step 1: Pre-Qualification - Apply online to see if you qualify.

Step 2: Find Your Home - Work with our partners to choose a move-in ready home.

Step 3: Move In & Save - Live in the home while making monthly rent to own payments.

Step 4: Buy or Walk Away - When you're mortgage-ready, buy the home at the locked-in price.

To qualify for the rent to own program in Saskatchewan, you'll need to show that you can afford your monthly payments. Requirements vary based on your income source.

For Traditional Employment: Employment letter, recent pay stubs, notices of assessment, bank statements.

For Self-Employed: T1 personal tax returns, T2 corporate returns, notices of assessment, business and personal bank statements.

For Pension/Disability: Proof that benefits will continue for at least 3 more years.

There is no interest rate applied during your rent to own lease term with Saskatchewan House Partners, because we are not a mortgage lender. Your monthly payments are fixed with no interest charged throughout the lease.

When you're ready to purchase your home at the end of your lease, you'll apply for a traditional mortgage where standard mortgage interest rates will then apply.