News and Education

Better Rates! Better Service!

Three reasons buying a home is possible... with bad credit

Let’s begin by saying that neither you nor a lender want to get you into a home you can’t afford. That’s not a future you want. But sometimes, a difficult past is standing in the way of a bright future. Bad credit can do that to you. If you’re running into roadblocks or don’t think you can get mortgage financing, I have 3 reasons why your new home may be possible:

  1. I skip the banks and have partnerships with private lenders and financial institutions that specialize in bad credit mortgages. They will consider your application even after a consumer proposal or bankruptcy, and will look at your overall situation and entire credit history.
  2. The number of investors willing to invest in credit challenged mortgages is growing as they search for higher yields than what is available in today’s low interest rate environment.  With more capital available, my lenders are improving their mortgage offerings for credit challenged customers.
  3. I have both simple quick tricks and sensible long-term strategies that can boost your credit rating quickly to help you qualify for a mortgage now… and can get you access to the best rates later.

If your past is standing in the way of your future… get in touch today.


FACEOFF: Bank vs. Broker

We’re in hockey playoffs, so let’s talk about the faceoff: bank versus broker.  The fact is, there’s really no contest on this one. The broker wins the faceoff every time. That’s a heck of a game advantage. But let’s talk about why it happens: because it’s worth reminding ourselves why the smart money is always on the broker.


Available from a Mortgage Broker

Available from a Bank

Mortgage Choice

Over 50 lenders, including most of the major banks, credit unions, and national, regional and private lenders.

Every bank has its own menu of house mortgage products.

Mortgage Rates

Mortgage brokerages negotiate discounted rates with lenders, and have access to rate promotions and specials.  

Rates are set by the Bank. If there’s a better deal in the marketplace, you’ll have to find it yourself.

Independence and Objectivity

A mortgage broker works for you, not any one lender.

Naturally, mortgage specialists are there to build business for the bank.

Ongoing Service

Brokers offer ongoing advice and conduct annual mortgage reviews, showing you how to pay off your mortgage faster, power down debt, finance renovations, or invest in property.

No proactive advice is typically provided. You will get an annual mortgage statement.

At Renewal

Your broker will go to bat for you again – to make sure you have the best product and rate.

You may not be offered the best deal initially, requiring you to proactively contact the bank to negotiate.


Time to buy a home, refinance or renew your mortgage? Get the advice you deserve. Call today!

Source: Invis and Mortgage Intelligence

Back to Main News Page
Bookmark and Share

Latest Lending Rates

Terms Our Rates
6 Months 7.75 %
1 Year 7.44 %
2 Years 7.04 %
3 Years 6.69 %
4 Years 6.44 %
5 Years 5.64 %
7 Years 6.39 %
10 Years 6.45 %
Current Prime 7.20 %
5 Year Variable 6.30 %