Our 3.99% 6-Mo Fixed is the lowest mortgage rate available in Canada.

Bad Credit Mortgages

Bad credit can happen to good people. But can you still get approved for a mortgage?

Mortgages with less than perfect credit.

Even if you have credit challenges, if you have equity built up in your home — we have lenders that may consider your mortgage loan application.

We may be able to help you with your mortgage needs, if:

  • You have a minimum mortgage loan of $100K
  • You live in a major centre
  • Your credit score is at least 550 or above
  • You have a minimum 25% down payment, or
  • You have at least 25% equity in your home, meaning you can't finance more than 75% of the home's appraised value

Please fill out the above form, and if we can help, we'll contact you.

Alternative and private lenders have tightened their lending criteria.

Given the current market volatility, many lenders have tightened their mortgage qualification requirements. Those with less than perfect credit or poor credit are finding fewer mortgage options available, especially those who live in smaller Canadian centres. Our access to several lenders can work in your favour to help find an option for your situation.

Repairing your credit.

Taking steps to repair your credit can help you get mortgage approval from a lender. We recommend asking a financial advisor with your local bank (who won't charge for the service) for the best strategy that fits your situation.

Recently discharged from a bankruptcy or consumer proposal? We may be able to help.

If you have enough equity in your home, we may be able to help you find a mortgage solution — though it will carry higher rates and fees in the short term.

But looking at the long-term picture, it's a pathway to get back on track to regular financing at renewal.

Please fill out our form, and if we can help, we'll contact you.