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New program is helping renters become owners starting with just 1% down - Think Local - Vimarsana News

New program is helping renters become owners starting with just 1% down - Think Local

A popular new pathway to homeownership is now available in Kelowna and helping renters become first time buyers with only 1% down. HomePlan Kelowna is a new type of rent-to-own program, set apart from other structures that are designed to favour landlords. HomePlan provides purchasers with a right to purchase option with a registered interest on title, meaning their financial interests are legally protected.