Meet Marie Copeland
Here to work for you not the big banks. Getting you bank or alternative financing for home purchase or refinancing a home mortgage is more than a job. It's a passion to help families and small business owners realize their real estate financing dreams.
Yes, even a bad credit score mortgage in Hamilton or anywhere in Ontario can be an investment? I can't tell you how many of my Ontario clients felt let down when their banks turned them down for a mortgage because of credit flaws. There is no need to feel that way. Let me lift you up, restore your confidence. Consider mortgages for bad credit in Ontario your outside the box solutions when the bank you have dealt with for years turns you down for a mortgage. Why not consider a bad credit mortgage Ontario your investment.
Don't worry, getting you a home loan bad credit Hamilton and all over Ontario is our thing!
Mortgage lenders for bad credit offer flexible mortgage solutions with good prepayment features and terms. Even with credit problems, working with home loans with bad credit can be a benefit. As mortgage brokers Ontario bad credit we have access to various bad credit mortgages in Ontario, each with different features to fit even the most complicated situations.
Credit scores can improve quickly after you make financial changes and lifestyle modifications along with credit score monitoring. Bad credit home financing is a short term process, 1 to 3 years of managed changes usually does the trick.
I say bad credit score mortgage leads to a good credit mortgage when homeowners make changes. Thanks to bad credit debt help, your credit can improve faster than you think and when it does, you may qualify for mortgage with traditional lenders and better interest rates.
Here is my glass half full mortgage brokers Ontario bad credit advice about your home loan bad credit. If you need things to change we can offer you debt help in Hamilton, St Catharines debt consolidation, in Ancaster, Brantford, or other mortgage help for homeowners throughout Ontario. You know the saying, when we do the same thing over and over again how can we expect different results?
With a bad credit score mortgage as with most alternative financing for home purchase, you need 20% down + closing costs (2.5% - 3.5%). The first 5% - 10% of down payment must be your own savings. The rest can be gifted by family. Your bad credit home financing interest rate is higher than traditional banks. Bad credit score mortgage to buy a home with shorter 2-3 year term gives you just enough time to improve credit score and move into better interest rate. Depending on the overall application, home loan bad credit minimum credit score for mortgage can be as low as 500. Sometimes lower credit score exception is possible otherwise, private mortgage lending may be a short term option if there is enough equity.
Another bad credit score mortgage tip
Note: Bad credit score mortgage lenders rely heavily on the quality of your property and the area. They may not lend in small towns under 35-100,000 people depending on location, run down neighborhoods with nearby commercial areas and low property values. No industrial central Hamilton areas. How much money you'll get depends on your credit, income and property. In rural areas with well and septic, the home mortgage for bad credit lenders limit is 65% of property value.
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*Lenders change their products and interest rates regularly and without notice. Check with us for updates.
1 (905) 537-8815
Banks and AAA lenders pay us for your service. Some alternative mortgage financing and all private mortgage broker fees are payable by clients.