Consumer Proposal And Bad Credit Mortgages

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consumer proposal and bad credit mortgages


More than one in eight adult Canadians will declare bankruptcy or negotiate a debt settlement - consumer proposal - with creditors. That’s a lot of people with devastated credit. The majority of those people will want a mortgage from an either a traditional lender or private lender at some point, but they’ll find their options are limited as lenders are more careful than ever.

For credit-challenged home buyers, getting the best mortgage isn’t easy. At Private Lenders Ontario, whatever your financing situation,  rest assured that, our team will work with you and provide professional advice on how to best cover your risks, discuss lending options, answer all your questions and provide you with a plan that will meet your financial needs and budget to qualify for a mortgage. If you’ve gone through a bankruptcy or consumer proposal, contact our team for a free consultation now.

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