Mortgage Help for Real-Life Situations

The TurnedAway.ca Help Centre explains how Ontario homeowners can get mortgage financing in difficult situations, including bad credit, missed payments, collections, consumer proposals, self-employment, and being declined at renewal. Because our lenders approve based on home equity rather than credit score or income, options often exist even after a bank has said no.

When the Bank Says No

Being declined by a bank is more common than most people realize, and it is rarely the end of the story. Banks follow rigid lending rules, so a single missed payment, a stretch of self-employed income, a past consumer proposal, or a credit score that has slipped can be enough for an automatic no, even when you have real equity in your home and a clear ability to manage payments.

The mortgage help in this section is built around a different approach. The alternative and private lenders we work with look at the whole picture, and they place far more weight on the equity in your property than on a credit score alone. That is why a homeowner who has been turned away by a bank can often still arrange financing to consolidate debt, stop a power of sale, clear arrears, or simply move forward.

Each guide below explains one situation in plain language: what it means, what your options are, and how a solution typically works. Start with the topic that fits your situation, and reach out whenever you are ready to talk it through.

Credit and Financial Challenges

Bad credit, missed payments, and collections do not have to mean the end of the road. These guides explain your options when your credit history is the problem.

Bad Credit Mortgages

How Ontario homeowners with bad credit can still get a mortgage using home equity.

Missed Mortgage Payments

What to do if you have fallen behind on your mortgage and want to keep your home.

Unpaid Collection Accounts

How collection accounts affect your mortgage options and how to deal with them.

Consumer Proposal or Bankruptcy

Accessing home equity while in, or after, a consumer proposal or bankruptcy.

Judgements and Liens

How judgements and liens registered against your property can be cleared.

Your Situation

Some people are turned away not because of credit, but because of how they earn a living or what they want to finance. These guides cover those situations.

Self-Employed Mortgages

Mortgage solutions for self-employed borrowers with hard-to-verify income.

First Time Home Buyer

A plain-language guide to buying your first home in Ontario.

Commercial Mortgages

Financing for commercial and mixed-use properties when banks decline.

Farm Mortgages

Mortgage options for farms and agricultural property in Ontario.

Lender Types and How Lending Works

When the big banks say no, other lenders can say yes. These guides explain the different types of lenders and tools that may fit your situation.

Alternative Mortgage Lending

How alternative (A) lenders work and who they are a good fit for.

Sub-Prime "B" Lending

What sub-prime (B) lenders offer and when they make sense.

High Risk Mortgage Lending

What lenders mean by high risk and how these mortgages are structured.

Mortgage Renewals

Your options at renewal, including switching lenders if the bank says no.

Secured Credit Cards

How secured credit cards can help rebuild credit in Canada.