Leasing

Flexible for Life’s In-Between Moments

Not quite ready to buy? Whether you’re building credit, navigating a life transition, or exploring alternatives to traditional homeownership, leasing can provide the flexibility you need—without the long-term commitment of a mortgage.

At Valko Financial, we’ll help you understand your leasing options and guide you toward a solution that fits your current lifestyle, while supporting your future goals.

Leasing can be a smart move if you’re preparing to qualify for a mortgage, relocating for work, or recovering from a major life change like a separation. It’s also a great option for newcomers to Canada or self-employed individuals working to establish a financial profile. In some cases, lease-to-own programs can even help you secure a property now with the option to buy later.

If you’re not quite ready to purchase but want more stability than renting, we’re here to help you take the next right step—on your terms.

Can I lease a home with poor credit?

Yes, leasing is often more accessible than qualifying for a mortgage—especially if you have poor or limited credit.

Many landlords and leasing programs understand that life happens, and they may consider factors beyond just your credit score—like your income, employment, rental history, or a co-signer. Some lease-to-own options are even designed specifically for individuals who are working on rebuilding their credit while preparing to buy in the future.

Do lease payments build equity?

n a traditional lease, your monthly payments go toward rent only, and do not build equity in the property.

However, if you're in a lease-to-own agreement, a portion of your payments may be credited toward a future down payment or purchase price—depending on the terms of the contract. This can be a great way to work toward homeownership while you're building credit or saving.

What do I need to qualify for a lease?

To qualify for a lease, you’ll typically need to provide a few key pieces of information to show you’re financially responsible and able to meet monthly rent payments. Requirements may vary by landlord or leasing program, but generally include:

Proof of income (recent pay stubs, job letter, or tax returns if self-employed)
Government-issued ID
Credit report or consent to a credit check
Rental history or references from previous landlords
First and last month’s rent (sometimes a security deposit as well)

If your credit is poor or limited, you may still qualify with a co-signer or by providing additional financial documentation.

I had the pleasure of meeting with Tracy Valko when my son became interested in purchasing a home. Tracy is truly a gem in this very exciting and somewhat challenging times of Real Estate. Tracy offered her extensive knowledge regarding mortgage lending. Tracy continues to share her plethora of referrals to various companies contacts to help us with all of the services we need in or outside of mortgage lending. We will keep in touch with Tracy as she is reliable, approachable and an outstanding achiever! Glad to have met you Tracy!

Cosmou19

3 days ago

So impressed with the fantastic service I received from Cindy on the purchase of my home and sale of my condo. She went above and beyond to make this process painless and gave some great advice along the way. Edited to add: yet again, 5 years later, Cindy has been nothing short of incredible to work with. She went above and beyond to work with our unique situation and find solutions that fit our family.

Sarah Parton

5 years ago

Signal Views TM

4 days ago

I've had a fantastic experience working with Tracy Valko and the team. Carol was caring, informative and responsive. She ensured I had all the information I needed as a first timer and was happy to answer any and all questions I had. Their system makes the entire process very streamlined and easy to navigate. Highly recommend!

Aleksis

8 days ago

Cindy was amazing to work with from start to finish! She was always helpful, quick to respond, and took the time to answer all of our questions. She made what can be a stressful process feel so much easier, and we always felt like we were in good hands. We really appreciated all of her help and would absolutely recommend Cindy to anyone looking for a mortgage broker!

Alyssa Hoag

11 days ago

5 Stars! Definitely would recommend! As a first-time homebuyer, I was overwhelmed by the entire process, but they made everything stress-free. From consultation to closing day, they were professional, and knowledgeable. I found it great how they continued to find me the best interest rate until the closing date on my house. I am now a proud homeowner! And can't thank them and my real estate agent enough. **Highly recommend!** 🔑✨

Ian Craig

1 year ago

Let’s create a plan that meets you where you are.

Life isn’t always linear. Whether leasing is your first step or a temporary solution, we’re here to support your journey — with compassion, clarity, and a custom plan.

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