Simple, Affordable
and Accessible Homeownership.
No Interest to Pay. Just Build Equity with Low Down payment.
// How it works
The Simple Path to
Home Ownership
Monthly Payments & Ownership Progression
Make monthly payments toward rent, principal, and taxes. Over time, buy out Homeleta’s share and work toward sole ownership within 15 years.
Step 4: Enjoy Your Home
Maintain your property and make improvements. Homeleta supports value-enhancing projects, offering renovation credits for major updates.
Step 3: Ownership Structure
Sign a Partnership Agreement to set ownership shares. Your down payment and Homeleta’s contribution determine your equity, with no interest payments.
Step 2: Find Your Home
We’ll connect you with a broker to find your home and determine your monthly payment, including rent, principal repayment, and taxes/insurance.
Step 1: It Starts at 5%
Partner with Homeleta with just a 5% down payment. We’ll cover an additional 5%-15%, up to $375,000. Check your eligibility now!
Homeleta offers an affordable, easy way
to become a homeowner.
Check your eligibility and Get started today!
// Who We Are
Empowering Homeownership through Partnership
HomeLeta – our name embodies our mission. In Swahili, Leta means “to bring,” reflecting our commitment to bringing people closer to homeownership. In Latin, it means “joyful,” capturing the happiness and security that comes with owning a home. And with “eta,” we symbolize the journey – helping you estimate the time it takes to reach your dream home.
HomeLeta is a Toronto-based private company dedicated to making homeownership easier and more joyful through co-ownership. By partnering with DiliGlobal and leading financial funds, we provide innovative solutions that empower homebuyers and investors to build wealth together.
At HomeLeta, we believe homeownership should be accessible, achievable, and shared—because the journey to owning a home is better when we do it together.
// PARTNERING FOR POSSIBILITY
Unlocking Homeownership & Enhancing Value
Homeleta partners with buyers by co-investing up to $375,000 toward their down payment—helping make homeownership more accessible without the burden of traditional financing. In return, Homeleta shares in the property’s future value for up to 15 years.
Beyond financial support, co-owners benefit from exclusive value-added services, including routine maintenance check-ups and renovation credits designed to preserve and enhance property value over time.
Expanding Access Across Ontario
Our Partnership Program is currently available in high-growth regions across Ontario, including the Golden Horseshoe, Durham Region, and Dufferin County. We are committed to helping individuals and families achieve homeownership while fostering long-term stability, equity growth, and lasting value for all.
// FAQ
Got Questions? We’ve
Got Answers
Can’t find what you’re looking for? Email us and we’ll help. At Homeleta, we’re committed to making homeownership accessible with a simple 5% down payment and a focus on primary residence. Together, we’re building wealth through real estate—because home is where life happens.
Homeleta makes it easier for individuals, and families, to own their dream home and build wealth in an affordable and permissible way by reducing the burden of down payment and eliminating interest payments.
Homeleta raises capital from investors seeking real estate opportunities and partners with homebuyers and affordable housing investors to facilitate homeownership. Homebuyers contribute a portion of the down payment, while Homeleta provides the remaining funds.
Homeleta invests up to 15% of the purchase price or $375,000, whichever is lower, alongside the resident-owner to meet the down payment requirement. The total down payment is capped at 20% for residential properties. Resident-owners can contribute between 5% and 15% of the home’s purchase price, with Homeleta covering the remainder—up to a maximum of $375,000—to reach the 20% down payment threshold.
By co-investing in the down payment, both the resident-owner and investors hold an equity stake in the home. No interest payments are required, and the resident-owner is not obligated to repay the investment directly. Instead, when the property is sold, the proceeds are distributed based on each party’s ownership percentage. Both the resident-owner and investors benefit from appreciation and share the risk of depreciation.
For example, if the resident-owner contributes 40% and Homeleta funds 60% of the down payment, the resident-owner retains a 40% equity stake in the home until they choose to buy out Homeleta’s share.
Homeleta commits capital for a minimum of five years and a maximum of 15 years per property. The resident-owner can exit the partnership by selling the home, refinancing, or securing alternative capital within the investment period.
Co-ownership, also known as shared ownership, is when two or more parties come together to buy and own a property. Depending on the arrangement, some co-owners may live in the home while others invest without occupying it. The rights and responsibilities of each party are clearly outlined in a co-ownership agreement, which is signed before or at the time of purchase. While co-ownership shares similarities with traditional homeownership, it also offers unique advantages, especially when approached professionally.
Achieve Your Homeownership Goals with Homeleta
Start today and find out how Homeleta can help you achieve your homeownership goals by contributing towards your down payment and providing valuable support along the way.
// Blogs
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