Yes I am a mortgage broker, and yes I claim to be able to obtain mortgages for individuals with bad credit. Having said that, I must clarify what constitutes bad credit and what you as an individual must do to help yourself. First of all let us begin with the do’s and don’ts of procuring a mortgage.
Can a new immigrant, get a mortgage, upon their arrival to Canada? Many unscrupulous private lenders would have you believe that they are the only ones ready willing and able to fund a new immigrant’s quest for a mortgage. This would of course involve much higher than normal lending fees, plus additional costs for opening [...]