Bad credit rating can be gut-wrenching and humiliating ... we have options!
"Life is what happens when you're busy making other plans." ...and sometimes things get out of control. A bad credit rating can be gut-wrenching and humiliating as well as just plain bad news. I see all kinds of credit ratings every day and we have the strategies to help improve and even heal, damaged credit. You may be surprised to know that you can still obtain a mortgage. Whether you've had a bankruptcy/Consumer Proposal or your credit is only slightly bruised, you can obtain financing.
As a mortgage professional, I have access to non-traditional lenders who offer financing solutions to individuals who have some credit challenges that cannot be addressed by the major financial institutions. Together we can quickly assess your situation and decide on the best way to move forward. The worst you can do is do nothing.
After bankruptcy or consumer proposal credit rebuilding is key. In order to rebuid credit you need to show responisble usage. Doing this can be a challange as getting a credit card or line of credit after a proposal or bankrupcty can be a challange. Start here and apply for a secured credit card that reports to the creit bureau.
*Subject to approved credit, income verification and meeting lending credit granting criterea. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.