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 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?
Wondering how to get a bad credit home equity loan in Canada? If you own your home and have built up equity, it is more attainable than most people expect. Banks lean heavily on your credit score, so bruised credit usually means a decline there — but a bad credit home...
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
This is the home equity loan vs HELOC decision every homeowner faces once their equity has grown. After years of paying a mortgage, the money you have put into your home can pay off. Whether you are looking at major home renovations, a child's education, or the...
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...
Can You Be Denied a Mortgage Renewal?
As a homeowner, the last option you want to resort to is selling your house because you had your mortgage renewal denied. Financial institutions can deny you for many reasons, and it's important to prepare for this possibility. Fortunately, if you've been denied a...
How To Get Approved For a Loan With Bad Credit
Getting approved for a loan with bad credit isn't as difficult as most people think. Bad credit generally means that you have long overdue unpaid debts. Or, you have the habit of not paying your bills or mortgages on time. Another factor that contributes to bad credit...
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