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 Can A Second Mortgage Help Your Credit?
Using a second mortgage to fix your credit is one of the most practical ways a homeowner can turn a difficult situation around. If you own a property with equity built up in it, you can borrow against that equity to clear high-interest debt, catch up on what you have...
Top 5 Reasons Home Buyers Prefer Alternative Mortgage Lenders
In the shifting landscape of home financing, the challenges faced by potential buyers are growing. Traditional banks, once reliable sources for home loans, are tightening their criteria, making it increasingly difficult for people to secure mortgages. As the...
Cracking the Code: Mortgage Penalty and Early Renewal Strategies
Considering an Early Mortgage Renewal? Paying off your home equity loan or mortgage within the term is standard. Yet, unforeseen emergencies might divert your funds, causing missed payments. The silver lining? Mortgage renewal options from banks or private lenders...
Private Mortgage Lenders vs. Banks: What’s the Difference?
Private Mortgage Lenders vs Banks in Canada: What's the Difference? When it comes to financing a home in Canada, understanding private mortgage lenders vs banks is one of the most important decisions you will make. Private mortgage lenders vs banks offer very...
How to Obtain a Commercial Mortgage to Buy Commercial Property
How to obtain a commercial mortgage to buy a commercial property. Are you looking to get into commercial real estate? Once you find the perfect property, the next step is to get a commercial mortgage. What if you already own commercial property? Can you take out a...
Home Equity Line of Credit vs Cash Out Refinance
As a homeowner, it's important to know the difference between a home equity line of credit vs Cash Out Refinance. Owning your own home can be very rewarding in several different ways. The reassurance of coming home to the same place year after year. We can invest our...
How To Get Approved for a Mortgage When Self-Employed
How Do You Get Approved for a Mortgage When You Are Self-Employed? Can you own a house if you are self-employed? Mortgage lenders don't worry about where your money comes from. They just want to know that you can reasonably pay your mortgage payments on time. More...
Debt Consolidation: Key Steps to Consolidate Your Debt
The number of Canadians considering debt consolidation and seeking financial advice is on the rise. In Canada, personal debt has long been an issue for many. Before the Coronavirus pandemic threw the lives and financial security of countless people into turmoil, a...
Will High-Risk Mortgage Lenders Work With Bad Credit?
Will high-risk mortgage lenders work with bad credit? Unfortunately, your credit score can play a large role in your life. Having a poor credit score can prove to be an obstacle that is considerably difficult to overcome. This is especially true when looking to...
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