Canadians applying for a mortgage may have to confront the term “high-risk mortgage.” The term might sound intimidating to someone with financial difficulties, resulting in bad credit, limited…
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Whether it's an unexpected move or something you knew was coming, a job loss can cause big financial problems. However, a private mortgage is an excellent way to…
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People with less-than-ideal credit and private loans should consider a different renewal process from the traditional products offered by banks. Understanding the differences and the options available to…
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The journey towards securing a mortgage, particularly when grappling with the nuances of bad credit, can often seem like a difficult challenge. There are many options, each tailored to distinct financial backgrounds and credit histories, for borrowers. Learn more
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A bad credit mortgage is the name given to the products from alternative lenders that cater to people who can't get traditional loans. They might have a credit score below the bottom threshold of a Bank or Credit Union. Learn more
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Understanding how bad credit impacts your ability to secure a mortgage is vital. After all, obtaining a mortgage may be among your life's largest financial choices. Lenders are more hesitant to approve your loan application when you have a low credit score since it makes you a riskier borrower. Learn more
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Throughout Ontario, private lenders are well-established and experienced in negotiating private secured second (and sometimes third) mortgage options for existing homeowners with poor credit or high household debt ratios.
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