As a potential home buyer, you know that you do not want to get in to a home that you cannot afford, as this is not the future that you want for you and your family. With bad credit you will find that sometimes, a difficult past stands in the way of a bright future. If you feel that you are running into roadblocks or don’t think you can get mortgage financing, we have 3 reasons why your new home may be possible:
- Skip the banks and focus on building partnerships with private lenders and financial institutions that specialize in bad credit
mortgages. These institutions will consider your application even after a consumer proposal or bankruptcy. Private lenders will look at your overall situation and entire credit history.
- The number of investors willing to invest in credit challenged mortgages is growing as they search for higher yields than what is available in today’s low interest rate environment. With more capital available, our lenders are improving their mortgage offerings for credit challenged customers.
- We have both simple quick tricks and sensible long-term strategies that can boost your credit rating quickly to help you qualify for a mortgage now… and can get you access to the best rates later.
If your past is standing in the way of your future and you are in need of advice on how to move forward… get in touch with the MiMortgage.ca team at 1 866 452-1100 today.