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How Can I Buy a Home with Bad Credit in Moncton
A strong credit score is required to qualify for a traditional mortgage, but if your credit isn’t where it needs to be, that doesn’t mean homeownership is out of reach.
At Sprout Properties, we offer a flexible rent-to-own program that can help you purchase any home listed for sale in Moncton, regardless of your current credit situation. Our program is designed for buyers who are working on improving their finances but are ready to take the next step toward owning a home.
Contact us today to learn how we can help turn your homeownership goals into reality.
Why Rent to Own in Moncton
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Move in now while building credit — Rent‑to‑own lets you live in your future home while you're working on qualifying for a mortgage.
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Lock in low prices in a softening seller’s market — Average home sale prices are around $371K, with inventory rising (~3.9 months supply), giving buyers more room to negotiate even as demand cools
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Build equity gradually — A structured payment plan can help improve credit and ease financial pressure compared to renting.
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Gain time in a growing city — With a population increase of ~7% in 2023–24 and robust economic momentum, Moncton is a prime spot for long-term value and community growth
Moncton blends affordability, regional influence, and steady growth. A rent‑to‑own pathway here lets you move in today, begin building equity in a market easing into balance, and benefit from the economic, cultural, and recreational strengths of New Brunswick’s largest city.
Rent to Own Moncton and Area Requirements
Minimum Household Income$83,000
Minimum Down Payment
$12,000
*While we generally look for a minimum credit score of 500, please note that this requirement is subject to change.
Minimum Credit
500*
Do you meet the requirements for Rent-to-own in Moncton, New Brunswick and area?
Our goal is to support your long-term success, not just helping you move into a home, but ensuring you’re fully prepared to qualify for a mortgage by the end of your Rent-to-Own term.
To do that, certain minimum criteria need to be in place. If you’re not quite there yet, that’s okay—it may simply mean the timing isn’t right.
You can still apply now to get connected and receive more information, and we’ll happily guide you toward your next steps so you're ready when the time is right.
Moncton Key Features
Population & location
The downtown core (~72K city, ~145K metro) is the largest in Atlantic Canada. It serves a broader 1.6M catchment within 3 hours, making it a true regional hub
Connectivity & Infrastructure
Excellent transport links via Trans‑Canada Highway, regional airport, passenger rail, and public transit. The city is expanding digital access and modern infrastructure
Diversified Economy
Strong sectors include transportation/logistics, finance & insurance, healthcare, call centres, technology, and federal services. Unemployment is a low ~6%, better than national average
Recreation & Lifestyle
Exceptional urban green space such as Irishtown Nature Park (~2,200 ha) for outdoor adventure. Popular attractions include Magic Mountain waterpark and Magnetic Hill
Education & Culture
Home to leading institutions like Université de Moncton (French‑language) and quality colleges. Cultural richness includes the Aberdeen Cultural Centre and the bilingual Frye Literary Festival
Carriage Hill Estates
A desirable and growing subdivision, Carriage Hill Estates offers modern homes, quiet streets, and a family-friendly atmosphere. Located near schools, parks, and major roadways, it’s ideal for buyers seeking newer builds in a peaceful, well-planned community.
North and West End
These well-established neighbourhoods are some of Moncton’s most popular. The North End is known for its schools, amenities, and newer subdivisions, making it ideal for families. The West End offers mature trees, character homes, and quick access to both downtown and the highway, appealing to a wide range of buyers.
Sunny Brae and Shediac Road
Close to downtown and Université de Moncton, Sunny Brae is a vibrant, residential area with a mix of older homes and rentals. Shediac Road stretches east with a blend of suburban and semi-rural properties, offering easy highway access and room to grow—great for commuters and families alike.
Best Areas to Buy a Rent to Own Home in Moncton, New Brunswick
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What Our Clients Say
If you want to get into home ownership faster, I would highly recommend working with Sprout Properties!!! You will not be disappointed! They are amazing, and always available to answer your questions.
Amy Wilson