Property Tax Arrears solutions:
If you own a home and are looking to borrow against your equity there are few restrictions on how long you have to wait. While you may not qualify with a major bank, there are options. As a matter of fact, an experienced mortgage broker can help you access your home equity immediately.
Turnedaway.ca routinely works with clients who are still enrolled in consumer proposals and bankruptcies. We can even help you use your home equity loan to pay out your consumer proposal or bankruptcy early. Consumer proposal loans can save you money and speed up repairing your credit rating.
In today’s day and age, there are numerous lenders that are looking to fill the void where big banks are not willing to assist. Turnedaway.ca gets lenders competing for your business. This ensures you get the lowest rates and flexible terms for your circumstances.
A bankruptcy or consumer proposal ranks as one of the number one reasons clients are turned away by their bank for mortgage financing. With tough economic times come tough decisions. Although we are taught that bankruptcy and consumer proposals are bad things, sometimes they are a necessity.
If you plan on buying a home there are some things you need to know about consumer proposals and bankruptcy. To get mortgage approval from a bank you must be discharged for a minimum of two years. You must also have re-established credit. Most big banks look for two established tradelines on your credit report.
For the most part, there are few exceptions to the rules about buying a home while in a consumer proposal or bankruptcy. However, working with an experienced mortgage broker will drastically improve your chances of getting approved. While you may not get approval from a major bank, there are alternative lenders who approve these types of purchases.
Turnedaway.ca specializes in assisting clients with less than perfect credit. We work exclusively with lenders who are willing to overlook credit-related issues. The lenders we work with underwrite approvals with a common-sense approach.
We understand that life comes with hurdles and we understand your credit shouldn’t define you. No matter how big your problems may seem, we can cut them down to size. Give us a call today for a free, no-obligation consultation.
We can’t thank you enough for all your help with our mortgage. We were skeptical about filling out an online application but we had tried several banks and due to our credit, couldn’t find anyone to help us. Getting a call within 15 minutes of submitting our application to go over the application put my mind at ease but my husband and I were both shocked to receive a call the same day with an approval. We are still amazed at everything you did considering how difficult the banks made our situation sound. Again, from the bottom of our hearts thank you so much!
Marilyn & Bob T, Whitby Ontario
My wife and I felt completely lost and didn’t know where to go after being declined by our bank of 18 years. We were so relieved once you advised us there are still lenders that value a mortgage based on merits other than just your credit rating. We had never missed a payment on our mortgage for 18 years and to hear our bank say they couldn’t help us even though we owed virtually nothing on our home was heartbreaking. We couldn’t be more grateful that you helped out two complete strangers when nobody else would.
Dave & Sharon S, Ottawa Ontario
can’t put into words how greatful I am to you regarding coordinating all of the activities in seeing my new mortgage go through. There are several reasons for the appreciation from my side but most importantly it will allow my daughter to continue to grow up in a home and neighborhood that she has identified as being very important to her.
Jim
I owned a home for almost 15 years and faithfully renewed at my bank every 5 years. About 14 years into my mortgage my job was terminated and I was forced to rely on credit cards to keep things going. Fortunately I found work after 7 long months but by then my credit had deteriorated and my bank wouldn’t help. I called turnedaway.ca after hearing one of their radio ads and I am glad I did. They bailed me out of a bad financial situation, got rid of all my credit card debt and got me down to one manageable mortgage payment.
John C, Toronto Ontario
Our primary objective is to help clients get mortgage financing who have been turned away by the bank or who are struggling to meet their financial obligations.
Use our quick and easy home equity calculator to see what you could qualify for today!
Toll Free: 1-855-668-3074
Toll Free Fax: 1-855-530-1766
Local Fax: 905-668-1285
Email: info@turnedaway.ca
Our Main Office:
179 King St E, Unit 1
Oshawa ON L1H 1C2
Toronto Office:
1 Yonge Street, Suite 1801
Toronto, Ontario
M5E 1W7,Canada
(by appointment only)
Markham Office:
8500 Leslie Street, Suite 101
Markham, Ontario
L3T7M8, Canada
(by appointment only)