Give Yourself Some Credit

When your mortgage application is being considered, your lender will look at your credit habits: do you pay your bills on time? Do you tend to get over-extended on your credit card? These habits are reflected in your credit rating. In order for your lender to assess your borrowing profile, you’ll need two revolving sources […]

Refinance Consumer Proposal

Consumer Proposal lets you pay out all your debts at reduced amounts over a set period. Is is different from Bankrupty. The Consumer Proposal does not eliminate support or alimony student loans or your house and car payment. It can be a good solutions for some.

Consumer Proposals on the Rise!

Consumer Proposals have increased as the ability to Re-finance has been eliminated! According to the recent stats from Industry Canada the number of Consumer Proposals in Canada were up 4.4% from the previous year. With the new mortgage refinance guidelines which only allow a person to refinance their mortgage up to a maximum of 80% […]

Rebuild Bad Credit

Rebuild  Your Credit the day after Bankruptcy or Consumer Proposal! With the help of a few good lenders who see value in helping people rebuild their credit, you can qualify for a mortgage 2-3 years after discharge from a Bankruptcy or Consumer Proposal. Under today’s stricter lending guidelines you need both re-established Credit Cards and […]