Bad credit mortgage Victoria is available for those looking to purchase or refinance.
Regardless of being turned down by your bank or another broker, we may be able to help.
A bank is not the only option, therefore it is important to always obtain a second opinion.
There are many reasons why a mortgage application is denied – we might be able to turn that into an approval.
We will help you obtain a mortgage despite having bad credit.
Our relationships with multiple lenders allow us access to flexible mortgage approvals with low rates.
Bad credit can impact a mortgage approval, for example:
-Your credit score is below the minimum requirement.
-You maintain a high balance-to-limit ratio on your credit cards.
-Your credit report shows many credit inquiries that may look credit-desperate.
-Previous missed or late payments.
-Bad debt has been assigned to a collection agency.
-No established credit in Canada.
-An active or previous consumer proposal or bankruptcy.
-Thin credit that does not evidence your ability to make larger payments.
We understand that bad times happen to good people and that you are much more than a credit score.
Our ability to arrange fast and flexible mortgage approvals may be able to help you.
-Firstly, we will determine and address your credit issues.
-Secondly, we will tailor a bad credit mortgage solution to meet your needs.
-Thirdly, we’ll help you consolidate high-interest debt into one manageable payment.
Most importantly, we’re able to approve clients based on home equity!
For more information about Equifax Canada, one of Canada’s major credit reporting agencies, click here.
Finally, if you’d like more information about a bad credit mortgage in Victoria, please get in touch with us anytime.
-DV Capital Corporation 13186