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From Renter to Owner: Your Path Starts Here
Unlock your future with our rent-to-own program!
Stop paying someone else’s mortgage, and Start building your own equity.
First-Time Homebuyer or Limited Deposit?
Credit Challenged-
Low/Bruised Credit?
Self-Employed?
How Can We Help
Newly Relocated or New to the Country?
Recently Divorced or Widowed?
About Us
Welcome to Mylan Development– your Rent to Own Specialists. Our purpose is to make homeownership a reality for everyone, regardless of where they are in their financial journey. Founded with a passion for creating opportunities, we provide flexible, transparent rent-to-own solutions designed to empower our clients.
We bring a fresh perspective and a commitment to growing with each of our clients. We’re here to answer questions, address concerns, and walk with you every step of the way to make your dream of homeownership a reality.
From Renter to Owner: Your Path Starts Here Thank you for considering Mylan Development—we’re excited to be a part of your journey!
Mission
Statement
Our mission is to empower sustainable growth by fostering strong community connections, delivering exceptional investment services, and creating opportunities for individuals to achieve their dream of homeownership.
At Mylan Development, we're thrilled to announce that our flexible rent-to-own solutions are now available in cities across Canada! We're here to help make homeownership a reality for you.
No matter where you are in Canada, Mylan Development is here to help you take the next step toward owning a home. With our flexible, transparent rent-to-own program, you can lock in your future purchase price, improve your credit, and work toward full ownership—all at your own pace.
Thank you for considering Mylan Development. We’re excited to be part of your journey to homeownership in Alberta! Reach out today to learn more about our rent-to-own options in your area.
Eligibility Phase
In this initial phase, we’ll evaluate your unique circumstances through comprehensive homeownership planning sessions and prequalification assessment. If eligible, you will receive a personalized credit improvement plan developed with a licensed professional.
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Let's Shop!
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Know your home purchase price upfront – no surprises!
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Work with our expert team to find your perfect home.
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Move in and start turning your dream into reality!
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Making Your Homeownership Dream to Reality
We’re with you every step of the way, helping you stay on track to meet your homeownership goals, improve your credit, and save for your down payment. By the end of the program, you’ll be ready to buy the home you’ve worked towards.
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Our Three-Phase Approach to Your Journey Toward Homeownership
Our team includes mortgage specialists, realtors, lawyers, and credit repair experts, all committed to your success.
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What is a rent-to-own program?A flexible way to rent with the option to buy, helping you build equity while renting.
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How does it work?Enter a rental agreement with a set purchase option after 2-4 years, allowing you to build credit and save.
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Who is eligible?Ideal for those who face credit or savings challenges with traditional mortgages.
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Is the purchase price fixed?Yes, your purchase price is agreed in advance – no surprises down the line.
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What happens to my rent payments?Part of your rent goes towards your down payment, so you’re saving as you go.
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Are there upfront costs?Typically, a small option fee or deposit may be required, tailored to your circumstances.
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Will I get financial coaching?Absolutely! Our experts will support you in preparing for homeownership.
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What if I decide not to buy?Choosing not to purchase may mean forfeiting the option fee and rent credits.
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Who handles maintenance?As a renter, minor maintenance is usually your responsibility, with major repairs handled by the owner.
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Can I make improvements?Certain changes may be allowed, with prior approval from the owner.
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How long does the term last?Typically, rent-to-own terms are 2-4 years.
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What if I face financial struggles during the term?Communicate with us; we may offer solutions to keep you on track.