Private mortgage solution
Bad Credit Mortgages
Private lenders may consider files that banks decline because they focus heavily on equity, property, and exit strategy. Credit still matters, but it is not the only factor.
When this may fit
Every file depends on lender review, available equity, property marketability, urgency, documentation, and exit strategy.
- Missed payments
- High utilization
- Collections or judgments
- Recent bankruptcy or consumer proposal may require specialized review
What lenders usually review
Property value, mortgage balance, requested amount, position on title, taxes, strata, credit, income support, use of funds, legal status, and the plan to repay or refinance.
Disclosure: Private mortgage terms vary. Do not rely on a quoted rate or payment until a formal lender commitment and legal review are complete.