The TurnedAway.ca Mortgage Blog
Straight Answers for Homeowners the Banks Turned Away
For more than 20 years we have helped Canadian homeowners use their equity to stop foreclosure, clear tax debt, consolidate high-interest balances, and get approved when the bank said no. This is where we share what we have learned, in plain language, so you can make confident decisions about your home and your finances.
Get Approved Nowor call 1-855-668-3074
Browse by Topic
Find the guidance that fits your situation.
Home Equity Loans
Using the equity you have already built to access funds, even with bruised credit or non-traditional income.
Bad Credit Mortgages
How homeowners with low credit scores, missed payments, or collections still get approved.
Private Mortgages
When banks and B lenders say no, private lending can offer fast, equity-based solutions.
Second Mortgages
Borrow against your equity without touching your existing first mortgage or its rate.
Stop Foreclosure
Facing a power of sale or foreclosure? Learn the steps that can keep you in your home.
Debt Consolidation
Roll high-interest credit cards and loans into one manageable payment using home equity.
CRA Debt & Liens
Clear Canada Revenue Agency tax debt and remove liens before they threaten your home.
Property Tax Arrears
Behind on property taxes? Stop a tax sale and bring your account current with your equity.
Featured Guides
Our most useful reads for homeowners exploring their options.
How to Refinance Your Mortgage with Bad Credit?
In Canada, mortgage refinance is a straightforward process, offering homeowners the chance to secure better terms and save money. However, for those with less than perfect credit, navigating this financial terrain can seem like an uphill battle. While it may present...
Maximize Home Equity Loan Despite High Loan-to-Value Ratio
A Home Equity Loan can be a powerful financial tool, allowing homeowners to leverage the equity they've built in their property for various purposes. Loan-to-Value (LTV) ratio plays a crucial role in determining the amount you can borrow against your home's equity....
How to Overcome Property Tax Arrears with Home Equity?
Property taxes are an inevitable aspect of homeownership, serving as a financial obligation that contributes to local infrastructure and community services. While essential for maintaining public amenities, property taxes can sometimes pose challenges for homeowners,...
Debt Consolidation Loan Despite Bad Credit – Jennifer’s Journey
In the world of personal finance, the journey to financial freedom is often marked by challenges, setbacks, and hard-fought victories. One such inspiring story is that of Jennifer, a resident of Toronto, Ontario, who, despite facing the hurdles of bad credit, managed...
Guide to Mortgage Refinancing in Canada
Mortgage Refinancing: What to know. The coronavirus pandemic affected everyone in different ways. Nationwide shutdowns forced people out of the workforce for various reasons. This left many Canadians struggling to make ends...
Second Mortgage Canada: What it is and What you Need to Know
A second mortgage, often seen as a financial lifeline, allows you to use the equity in your property for extra cash. But it comes with a catch; it means juggling two loans at once and the potential of losing your home if not managed carefully. To make wise financial...
How Much Equity Can I Borrow Against My House in Canada
As a homeowner in Canada, you can use the equity in your home through a home equity loan. These loans often provide a more financially advantageous borrowing option compared to other alternatives. However, you must be aware that they carry certain risks. Home equity...
Can I Get a Reverse Mortgage with Bad Credit in Canada
While some wait for their finances to improve, others are eager to move forward. If you're in the latter group, you might consider a bad credit mortgage in Canada. However, getting such a mortgage will be more expensive due to higher interest rates and monthly...
The Pros and Cons of a Reverse Mortgage in Canada?
A reverse mortgage can be a smart way to fund retirement—or an expensive mistake—depending entirely on your situation. If you are a Canadian homeowner aged 55 or older weighing the reverse mortgage pros and cons, the honest answer is: it is right for some people and...
Turned Away by Your Bank? Let's Talk.
For more than 20 years we have helped Canadian homeowners get approved using their equity when the banks said no. There may be a solution for you too.
Get Approved Nowor call 1-855-668-3074