My husband and I were very fortunate to find Jesse Brun and utilize his services when it came to renewing our mortgage. In fact, we have used Jesse’s services twice over the last few years. Jesse is a dedicated mortgage broker who goes that extra mile to find his clients the best deal possible. Throughout our time dealing with Jesse, it has always been via email or phone. That has not interfered with his services. He has handled all the transactions with much professionalism. Would we use Jesse again should the need arise? You bet…. Great service…..Thanks Jesse
Are you looking to purchase a home in Toronto, ON but have bad credit? Our mortgage firm can sometimes help you secure a bad credit mortgage or a home equity loan in Toronto. One of the most important factors to qualify for a mortgage with bad credit is the have a very big down payment. Normally anywhere between 30% to 40% down payment could be required.
Toronto is a city located in the eastern province of Ontario, known for its vibrant cultural scene, stunning natural landscapes, and affordable cost of living. Whether you're a first-time homebuyer or looking to upgrade your living situation, Toronto has plenty of housing options to suit your needs.
However, if you have bad credit, getting approved for a mortgage or home equity loan can be challenging. Many traditional lenders and banks have strict lending criteria and may deny your application if you have a low credit score or a history of missed payments.
That's where our mortgage firm comes in. We specialize in helping clients with bad credit secure home equity loans and mortgages in Toronto. We understand that everyone's financial situation is unique and we work with you to find the best possible solution for your needs.
What is a Bad Credit Mortgage?
A bad credit mortgage is a type of mortgage designed for people with poor credit scores. If you have a history of missed payments, defaults, or bankruptcy, a bad credit mortgage may be your best option for purchasing a home.
Bad credit mortgages typically have higher interest rates than traditional mortgages, which is why it's important to shop around and compare different lenders. However, our mortgage firm can help you find the best possible rates for your situation, so you don't have to worry about overpaying.
What is a Home Equity Loan?
A home equity loan is a type of loan that allows you to borrow against the equity in your home. Equity is the difference between the value of your home and the amount you owe on your mortgage.
If you have bad credit, a home equity loan may be easier to obtain than a traditional mortgage. However, it's important to keep in mind that home equity loans also come with higher interest rates and fees.
At our mortgage firm, we can help you navigate the home equity loan process and find the best possible rates and terms for your situation.
Why Choose our Mortgage Firm?
At our mortgage firm, we understand that bad credit can be a barrier to homeownership. That's why we specialize in helping clients with bad credit secure home equity loans and mortgages in Toronto.
We have a team of experienced mortgage agents who can work with you to find the best possible solution for your needs. We understand the local Toronto market and have established relationships with a network of lenders who are willing to work with clients with bad credit.
We also offer personalized service and support throughout the entire mortgage process. We'll walk you through every step of the process, from pre-approval to closing, and answer any questions you may have along the way.
There are several steps that individuals with bad credit can take to improve their credit scores.
Improving bad credit takes time and effort, but by following these steps, individuals can gradually improve their credit score and gain access to better financial products and services.
Contact Us Today
If you're ready to purchase a home in Toronto but have bad credit, don't let that stand in your way. Our mortgage firm can help you secure a bad credit mortgage or home equity loan in Toronto.
To get started, contact us at (888)878-4660 or fill out the short form on the top left-hand side of our website. We'll schedule a free consultation with one of our mortgage agents and help you get on the path to homeownership in Toronto.