Mortgages for those with Bad or Poor Credit
We have options to help those with bad credit get the mortgage they need.
Do you have bad or poor credit and are trying to get a mortgage but it's proven to difficult? We might be able to help.
The Major Banks in Canada follow a very stringent approach to mortgage lending based on credit score and Gross Debt/Total Debt Ratios. Most people in Canada are unaware of the fact that the big banks we are all used to seeing, are not the only mortgage lenders they can choose from. Our team of mortgage professionals work with trusted, alternative lenders who can approve borrowers for mortgages sometimes regardless of their credit or for those new to Canada.
Alternative lenders understand that unforeseen life events and decisions made in the past can sometimes harm one’s credit rating. We have helped many people who after being declined by their financial institution felt they had no options.