The key to securing a bad credit mortgage is to present you as a reasonable credit risk overall.
One of the most significant rewards of doing what we do here at Donna Mullen & Associates is helping families transition from renting to homeownership in the Stayner, Ontario area. That is especially true when they didn’t think it was possible because of a poor credit rating. We enjoy helping our clients see themselves through a mortgage lender’s eyes and realize they do have options that can help them get the loan they need. A bad credit mortgage is possible as we have relationships with traditional and nontraditional lenders and can help you bring your best qualities to light.
The key to securing a bad credit mortgage is to present you as a reasonable credit risk overall. You might be less than stellar in one or more of the five C’s of borrowing (capacity, capital, collateral, character, credit), but be stronger than average in others. Also, if you can show you are making discernable steps to improve, that can work in your favour. We have the experience, expertise, and negotiation skills to not only find you the right bad credit mortgage match but also get you the best terms and mortgage rate possible.
The best way to get started is to reach out to us to schedule a free, no-obligation consultation so we can assess your bad credit mortgage circumstances. We are happy to educate you about your financing options and offer objective advice on the steps you could be taking to improve your situation. Knowledge is power, so let us give you the power you need to put your renting days behind you. Call today!