Rate Relief From 3.99%
Do you face challenges based on your credit history — or in providing traditional income? An equity-based mortgage may be your answer.
If you want to buy a home and need a mortgage, but face challenges with higher debt ratios, a damaged credit history, or in providing traditional income sources — you may still have options.
Our friendly, expert True North Mortgage brokers know the requirements and regulations, and can take you through your choices, clearly outlining details to make your decision easier.
This type of mortgage bases your loan qualification on the value of the property and its potential marketability, instead of using traditional income, credit and other property criteria for qualification. A larger down payment can also improve lending qualifications for this type of mortgage.
A home equity loan to consolidate your debt can help lower interest payments overall, and set you on a path of improving your credit score.