Bad Credit Mortgage
Bad Credit Experts
Bad Credit Mortgages Made Possible
Many banks will immediately decline when your credit has blemishes. But a low score doesn’t have to mean you’re out of options. At CreditReboot Mortgages, we partner with alternative and B-lenders who believe in your home’s equity and your future — not just your past.
Let us help you get a “yes.”
What We Can Do
- Approve mortgages even when credit is bruised or income is non-standard
- Offer terms between 1-3 years so you can rebuild and later upgrade
- Allow you to refinance up to 80% of your home’s value
- Help you access cash when the bank won’t let you increase your mortgage
- Negotiate between lenders so you get the most competitive terms possible
Why Work With CreditReboot
We work with alternative and private lenders who specialize in “hard” cases
Our process is 100% digital and fast — less waiting, more clarity
We’ve helped Ontario homeowners who were declined by many lenders
We offer transparent, honest guidance — no hidden fees
We stay with you: we don’t just close a deal; we help you build a pathway back to prime status
Purchases
Clients with 20% downpayment who are unable to qualify with a bank or A lender due to their credit can take advantage of alternative lenders. We work with B lenders who do not have a minimum beacon score. Alternative lenders also help borrowers who are unable to pass the stress test with A lenders due to their income. B lenders offer more room on Gross Debt Ratio & total debt ratio to help borrowers qualify. We can customize the terms from 1-3 years to help you rebuild your credit and strategize how to move the mortgage to an A lender in near future.
Refinancing
Refinancing is the process of replacing an existing mortgage with a new one. B Lenders allow up to 80% of home value for mortgage refinances. Sometimes existing lenders will refuse to renew your mortgage due to your credit or payment history. Or they might offer a renewal but may not allow you to access your equity by increasing the mortgage amount. Clients who are looking to refinance but are being declined by their mortgage holders due to credit or income can benefit from alternative lenders. Due to their flexibility on credit & income, they can help you refinance your mortgage up to 80% of home value & help you get cash in hand. Homeowners refinance their mortgage for many reasons:
- Lower the interest rate to reduce monthly payments
- Existing mortgage lender refuses to renew at the end of the term
- Consolidate a second mortgage or home equity loan with new mortgage
- Borrow additional funds for any reason
Type of Mortgages & Home Loans
What Our Clients Say
Expectations exceeded! Parm, I had an incredible experience working with you and I just want you to know how much I appreciate your service as a mortgage broker, as well how professional and efficient you are. All my requests for my mortgage was well taken care of and I couldn't ask for more. Once again thank you very much for your special service!
Claudia Ingabire
Hands down the best service providers. Very professional and provide the best customer experience. This company will not disappoint. Parm is very knowledgeable, dedicated to his work, professional, and most importantly very well experienced. If you go with them, you have true piece of mind and supporters for life.
Manpreet Kaur
CreditReboot Mortgages was great, Parm worked so hard and exceptionally fast to make sure our deal closed within a few days. There was no hassle, everything went seamlessly.Thank you to parm and his amazing team for making the whole process done and over with in the blink of an eye.Definitely will go back and refer to anyone looking for financial help.
Saalini Sawyers
You deserve a better option.
Being declined by banks can leave you feeling helpless and anxious about your finances. At CreditReboot Mortgages, we specialize in home equity solutions tailored for homeowners like you. We understand your uncertainty and aim to help you regain financial freedom. With a streamlined process and dedicated support, you can finally take control and breathe easy knowing you’re on the right path to improving your financial standing.