“Bad Credit Mortgages can be used to upgrade your kitchen space!” Many Canadians are still dealing with financial issues due to the unforeseen circumstances put in our way this past season. If debt is beginning to pile up, this may be the time to speak with your mortgage advisor. A bad credit mortgage can be used for debt consolidation, credit rehabilitation, home improvements and much, much more. Always remember, renovating your kitchen space can also add value to your property! Most private mortgage lenders in Canada look at a number of points when deciding if this unique mortgage is best for you. A
homeowner with good credit is considered low risk and usually will qualify for a mortgage. Your private lender needs to understand this isn’t the case with everyone and should help maintain competitive
rates and terms to get you that bad credit mortgage you need, regardless of your credit situation. This is why it is important to speak with the right professional right away.
Jayde Samarzija, Mortgages, http://www.jmsmortgages.com