Obtaining a Bad Credit Mortgage Ontario

Posted by on August 15, 2012

Have You Been Turned Down For a Mortgage?

If your credit or financial history has been tarnished at some point in the past, chances are that major banks and lenders will give you a hard time getting approved for a mortgage. Getting your credit re-established and back in good standing order is often what needs to happen in order to be approved for loans such as mortgage loans for a home purchase.

If you have been turned down by the banks for a bad credit mortgage in Ontario, don’t fret. There are often ways to get help establishing a relationship with a lender that is willing to front you the capital necessary to fund a home purchase. There are many specialized lenders that work specifically with borrowers that have sub-par credit scores and a poor financial history.

Your best option is to get in touch with a professional independent mortgage agents, such as those at MortgageMedics.ca. They have solid relationships with a variety of lenders who are in the business of providing loans for those who have found themselves in a compromising financial situation. They will know exactly who to go to that will be willing to provide the mortgage you need to purchase a home, and will ensure that all your specific needs are met.

Not only will they help you get the bad credit mortgage Ontario that you need, but they will also help you get back on the road of good credit. Improving your credit score will help you re-establish your financial responsibility and reputation, and will make things easier for you when it comes time to renew your mortgage at much lower interest rates.

Mortgage experts at MortgageMedics.ca will help you improve your credit score through any of the following means:

  • Ensuring your bills are paid on time
  • Getting a short term instalment loan to make regular payments
  • Ensuring not too many loans are applied for at once
  • Paying off existing debts
  • Staying within your credit limit

By paying your mortgage on time and in full each and every month, not only will you be building equity in your home, but you will also re-establish good credit. Call the experts at MortgageMedics.ca and see how these professionals can help get you the mortgage you need, even with bad credit.  You can reach the team at (289) 837-1518. They even make house calls!

Share and Enjoy:
  • Print
  • Facebook
  • Twitter
  • Digg
  • StumbleUpon
  • del.icio.us
  • Yahoo! Buzz
  • Google Bookmarks
  • LinkedIn