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The conventional mortgage branch of Turnedaway.ca funds residential mortgage deals up to 75% LTV. 1st, 2nd and 3rd mortgages can be arranged as high as $2 million and for as little as $25k. Not sure if your deal fits our program? Give us a call toll free at 1-855-668-3074 or email us at deals@turnedaway.ca
| 1st Mortgages | 2nd Mortgages | |
| Loan to Value | Up to 75% LTV | Up to 75% LTV |
| Interest Rates | 4.95% to 8.95% | 9.95% to 12.95% |
| Commitment fees | Starting at 1% Minimum fee $1500 | Starting at 1% Minimum fee $1395.00 |
| Terms | 1 year | 1 year |
| Proof of Income | N/A | N/A |
| Minimum Beacon Score | N/A | N/A |
| Deal Sizes | $25,000.00 to $2 Million | $25,000.00 to $2 Million |
| Property Types | Residential & Multi Family Units | Residential & Multi Family Units |
| Lending Areas | Major Urban City Centers | Major Urban City Centers |
The Non-Conventional mortgage branch of Turnedaway.ca funds residential mortgage deals up to 85% LTV. 1st, 2nd and 3rd mortgages can be arranged as high as $1.5 million and for as little as $15k. Not sure if your deal fits our program? Give us a call toll free at 1-855-668-3074 or email us at deals@turnedaway.ca
| 2nd Mortgages | |
| Loan to Value | Up to 85% LTV |
| Interest Rates | 9.95% to 14% |
| Commitment fees | Starting at 2.5% |
| Terms | 1 year |
| Proof of Income | N/A |
| Minimum Beacon Score N/A | N/A |
| Deal Sizes | $25,000.00 to $2 Million |
| Property Types | Residential & Multi Family Units |
| Lending Areas | Major Urban City Centers, rural areas (case by case) |
Have you exhausted all of your options trying to get your clients an approval? Is their credit or lack of verifiable income making it impossible to bridge the gap? If you are tired of hearing NO or getting turnedaway, we can help!
Submit your application, credit report, mortgage summary and a copy of the appraisal if available (See our list of approved appraisers) to deals@turnedaway.ca or call us at 1-855-668-3074.
Our primary objective is to help clients get mortgage financing who have been turned away by the bank or who are struggling to meet their financial obligations.
Use our quick and easy home equity calculator to see what you could qualify for today!
Toll Free: 1-855-668-3074
Toll Free Fax: 1-855-530-1766
Local Fax: 905-668-1285
Email: info@turnedaway.ca
