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.
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...
How Does a Home Equity Line of Credit Work?
In the following article, we'll be exploring the question, how does a home equity line of credit work? The acronym HELOC stands for a home equity line of credit. These financial instruments can be useful to homeowners who don't have emergency funds to handle key...
How to Get a Bad Credit Home Equity Loan?
As a homeowner, there seems to always be something that needs fixing, replacing, or updating. Sometimes these things occur gradually, giving you the ability to save money to cover the cost. Other times, they happen without warning. When it happens without warning it...
What is Foreclosure? Can You Stop It?
Foreclosure is every homeowner's worst nightmare. Nearly five million Canadians have mortgages. 12,000 Canadians have mortgages in arrears, opening the possibility of foreclosure. It is important to understand your rights in foreclosure or power of sale. Failing to...
Questions to Ask a Mortgage Broker
What questions should you ask a mortgage broker? Let's explore together. Did you know that over three million Canadians have a mortgage? If you’re interested in a mortgage loan, but don’t know where to start, don’t panic. There are professionally licensed individuals...
Home Equity Loan vs HELOC: The Differences
In this article, we are going to explore the differences between a home equity loan vs a HELOC. After years of paying a mortgage, putting that money into your home can pay off. Whether you're looking at extensive home renovations, your kid's college expenses, or...
Self Employed Mortgage Options – How to get Approved
Self-employed and looking for mortgage options? Let's say you're in the market for a new house, and after months and months of searching, you've finally landed on your dream choice. Problem is, you'll need to get a mortgage to pay for it. And since you're...
What is a Bad Credit Score in Canada?
A bad credit score in Canada isn't defined by one thing. Almost 10% of Canadians are falling behind on bills. When you start falling behind on bills, your credit drops. For every dollar spent, Canadians owe $1.77. The only way to alleviate such a debt-to-income ratio...
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