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Bad Credit Mortgage, Barrie, ON

Bad credit? Don’t worry—you may still qualify for a mortgage!

Bad Credit Mortgage in Barrie, Ontario

There are three things that can happen if your credit rating is less than stellar. The first is that you resign yourself to never being a homeowner. The second is that you work with us at Donna Mullen & Associates to get guidance on how to improve your credit rating. The third is to have us look at the whole picture to find your strengths and shine a light on them with lenders that are equipped to offer a bad credit mortgage. In truth, the first option is one you should never do. If we can guide you on how to make discernable steps to improve, that can really work in your favour to achieve your dream of becoming a homeowner in Barrie, Ontario.

A bad credit mortgage lender is more likely to look at all five “Cs” of borrowing, namely capacity, capital, collateral, character, and credit. Your credit rating is just one of those. If you are weak in that area, yet strong in others, you may prevail and never sign another lease. With our guidance and our expertise in negotiation, we can find you the right mortgage with terms that are as favourable as possible for your situation. We can also help you in the future as your situation further improves and you can save money through refinancing.

Reach out to us today to schedule a free, no-obligation consultation so we can sit down and assess where you are at now and what it might take to get you approved for a bad credit mortgage.

At Donna Mullen & Associates, we assist clients with bad credit mortgages in Wasaga Beach, Collingwood, Meaford, Owen Sound, Barrie, Sudbury, Sault Ste Marie, Thunder Bay, and Stayner, Ontario.