Bad Credit Mortgage in Ontario

bad credit mortgage


Trying to get a mortgage with bad credit from a bank can be a degrading process.  Credit is not unlike a game, knowing or not knowing the rules will affect the outcome. If you have bad credit and are in need of a mortgage, let us help you.  We have the experience and the access to various lending options to help you.


Bad credit is subjective.  Some lenders have more flexible requirements then others.  Mortgages will generally fall under one of three lender categories, traditional lender, subprime lender and private lender. We work with many bad credit mortgage lenders.


Bad credit mortgage rates depend on a multitude of factors. The loan to value being the biggest driver that affects rates for the borrower. Since each property, borrower and situation is unique. I highly encourage you to call for the most recent rates that would reflect your situation.


We can also arrange a bad credit second mortgage. We can often get customers with bad credit a first mortgage up to 65% LTV at very low rates and top up the rest of the mortgage with a second mortgage (the LTV on a second mortgage typically goes as high as 85%). Combined the rates are much more competitve then finding a lender willing to offer a full first mortgage.


For more information on obtaining a bad credit mortgage in Ontario call today or apply online for a bad credit mortgage.


To obtain a free credit report and tips to improve your credit score, click free credit report.