HELOC & Bad Credit Refinance | CreditReboot Mortgages
CreditReboot Mortgages(formerly CreditReboot Mortgages) BBB Business Review

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🇨🇦 Bank declined? We approve based on equity — not your credit score.  Call 1-866-329-8801
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Canada's Trusted Digital Mortgage Broker | Helping Homeowners For 10+ Years

Get Approved for a HELOC, Home Equity Loan or Refinance
— Even With Bad Credit

Bank said no? We work with 50+ alternative and private lenders across Ontario, Alberta & Saskatchewan. Approval based on your home's equity — not your credit score or income.

✅ Any Credit Score Welcome ⚡ Decisions Within 24 hrs 🏠 Up to 80% LTV 🔒 No Cost to Apply
★★★★★ 5.0 | 100+ Google Reviews BBB Accredited Business
10+Years in Business
1,500+Homeowners Helped
50+Lender Partners
5.0 ★Google Rating
24 hrsTypical Approval
Sound Familiar?

We help homeowners in situations the banks won't touch

If any of these apply to you, CreditReboot can likely help.

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Declined by your bank or credit union
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Low or damaged credit score (any score welcome)
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Crushed by high-interest credit card debt
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Need cash for home renovations or repairs
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Self-employed or irregular income
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Behind on mortgage payments or in arrears
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Going through a divorce or separation
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Need to refinance but can't qualify at the bank
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CRA debt, judgments, or collections on file
Yes, I Need Help — Get My Quote →
Our Solutions

Home equity solutions for every situation

We match you with the right product from our network of 50+ alternative and private lenders — no bank approval required.

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✅ Bad Credit OK

Home Equity Loan

Borrow a lump sum against the equity in your home. Ideal for debt consolidation, large expenses, or getting cash fast. Fixed rates from alternative lenders who focus on equity, not credit score.

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✅ Any Credit Score

HELOC with Bad Credit

A revolving line of credit secured by your home. Draw funds as you need them, pay interest only on what you use. Private and alternative lenders don't follow traditional bank credit rules.

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✅ Keep Your First Mortgage

Second Mortgage

Borrow against your equity without touching your existing mortgage rate or terms. Fast approvals focused entirely on your equity position — not credit history.

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✅ Bad Credit Refinance

Mortgage Refinance (Bad Credit)

Refinance to consolidate debt, lower payments, or access equity — even with poor credit, consumer proposal, or mortgage arrears. We find lenders who qualify you on property value.

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✅ One Payment

Debt Consolidation

Roll credit cards, personal loans, and CRA debt into one low monthly payment secured against your home. Save hundreds per month and stop the cycle of minimum payments.

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✅ Private Lenders

Private Mortgages

When banks and B-lenders both say no, private lenders look purely at your equity. Short-term bridge solution while you rebuild credit or wait to requalify.

Simple Process

Get approved in 3 easy steps

From application to funded — typically 3–7 business days.

1

Apply Online (Free)

Fill out our secure 2-minute application. No hard credit pull. No cost. Tell us about your property and what you need.

2

Review Your Options

A licensed CreditReboot agent presents approvals from multiple lenders. You choose the rate and term that fits your budget — zero pressure.

3

Get Funded

Sign your broker and legal documents. Your lawyer receives the funds. Most clients funded within 3–7 business days.

Start My Application Now →

Or call us: 1-866-329-8801

Why Choose Us

We say YES when banks say no

Unlike big banks that use rigid algorithms, CreditReboot accesses 50+ alternative and private lenders across Canada. We evaluate your equity, property, and full financial picture — not just a credit score.

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10+ Years Helping Homeowners

Over a decade navigating complex mortgage situations other brokers won't take on.

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50+ Lenders — Including Private Capital

A-lenders, B-lenders, alternative lenders, and direct private capital. We submit to the right lender the first time.

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Equity-Based Approvals

Consumer proposal? Bankruptcy discharged? CRA arrears? We focus on the equity in your home — not your credit history.

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Fast Decisions, Transparent Costs

Most pre-approvals within 24 hours. No hidden fees. Your agent walks you through every number before you sign.

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Licensed & BBB Accredited

Licensed in Ontario, Alberta & Saskatchewan. BBB Accredited.

How We Compare

CreditReboot vs. Your Bank

Why homeowners with bad credit choose us over going back to the bank.

Factor CreditReboot ✅ Big Bank ❌
Credit Score Required✔ Any score considered✗ Typically 650+ minimum
Income Verification✔ Flexible / stated income OK✗ Full docs required
Consumer Proposal / Bankruptcy✔ Accepted (discharged)✗ Automatic decline
CRA Arrears✔ Can be paid from proceeds✗ Decline
Approval Speed✔ 24–48 hours✗ 2–6 weeks
Access to Private Lenders✔ Yes — 50+ lenders✗ Their products only
Cost to Apply✔ Always freeFree
Get Pre-Approved Now!
Real Clients

What homeowners are saying

100+ five-star Google reviews from Canadians who were declined by the banks.

★★★★★

"Parm was excellent, didn't matter what our questions were, he always had time for us. Had a few tricky issues, but was handled very professionally. Thank you for getting us our house."

Gary Evers
Google Review | May 2025
★★★★★

"Parm was super knowledgeable and really helped us when we were in a pinch and needed a quick close. He made our stressful situation much more manageable, would highly recommend!"

Elaiza Ibanez
Google Review | March 2025
★★★★★

"After calling numerous brokers, only Parm was able to help me. He was professional, attentive, took time to clearly answer all my questions, and did his best to understand my situation. I cannot speak of Parm highly enough — he is simply the best."

Sohon Das
Google Review | November 2023
★★★★★

"I had an excellent experience working with CreditReboot Mortgages. Their team is knowledgeable, responsive, and truly committed to finding solutions that fit your financial situation. They take the time to explain every step clearly."

Kevin Shah
Google Review | March 2026
★★★★★

"I worked with Parm from CreditReboot Mortgages for refinancing. He is extremely knowledgeable and took the time to explain my refinancing options clearly, including the pros and cons of each. Communication was prompt and professional throughout."

Satindar
Google Review | January 2026
★★★★★

"Huge thanks to Parm at CreditReboot Mortgages for helping me secure the right mortgage solution. He is knowledgeable, patient, and always available to answer questions. I strongly recommend Parm and his team for anyone needing refinancing or mortgages with bad credit."

BijalKevin S
Google Review | March 2026
Read All Our Reviews on Google ↗
Common Questions

Frequently asked questions

Can I get a home equity loan with bad credit in Canada?

Yes. Unlike banks, alternative and private lenders focus primarily on the equity in your home, not your credit score. As long as you have sufficient equity (typically 20–35% after the new loan), approval is possible regardless of your credit history, consumer proposal, or past bankruptcy.

What is the minimum credit score for a second mortgage?

With CreditReboot's lender network, there is no hard minimum credit score for a second mortgage. We have access to private lenders who approve based on equity alone. The lower your credit score, the higher the rate offered — our agents always show you the full cost before you decide.

How much can I borrow with a home equity loan in Ontario or Alberta?

Most lenders allow a loan-to-value (LTV) of up to 75–80% of your home's appraised value. For example, if your home is worth $600,000 and your first mortgage is $350,000, you could potentially access up to $130,000 through a second mortgage or home equity loan.

What's the difference between a second mortgage and a HELOC?

A second mortgage provides a lump sum at a fixed rate — ideal for debt payoff or large expenses. A HELOC is a revolving credit line you draw from as needed. Both use your home as security. CreditReboot offers both and recommends the right option based on your goals.

Can I refinance my mortgage with bad credit in Canada?

Yes — through B-lenders and private lenders. If your credit score prevents you from qualifying at a major bank, we access alternative lenders who approve refinancing based on your home's equity and overall financial situation. Rates will be higher than prime, but this can still significantly lower your total monthly payments by consolidating high-interest debt.

I have a consumer proposal or discharged bankruptcy. Can I still qualify?

Absolutely. Many of our clients have active or recently discharged consumer proposals. Private lenders do not follow the same underwriting rules as banks — they approve based on your property equity. If you have sufficient equity and stable income, approval is very achievable.

How fast can I get approved and funded?

Pre-approvals typically within 24–48 hours. Full funding takes 3–7 business days after a property appraisal and legal sign-off. Some private lender deals close in 3–5 days for urgent situations.

What are the rates for a bad credit home equity loan in Canada?

B-lender rates typically range from 4–7% for second mortgages. Private lender rates range from 7–14%+. Rates depend on your credit, LTV, and lender type. Our agents always present the full cost including broker and lender fees before you decide.

FREE QUOTE | NO OBLIGATION

Don't let bad credit stop you from
accessing your home's equity

Hundreds of Ontario, Alberta and Saskatchewan homeowners approved through CreditReboot after being declined by banks. Let's find your solution today.

Get My Free Quote in 2 Minutes →

Or call 1-866-329-8801 to speak with a licensed mortgage agent now.

CreditReboot Mortgages (formerly Lending Circle)    FSRA Lic. #13163    FCAA Lic. #511322    BBB Accredited Business
Licensed in Ontario, Alberta & Saskatchewan
1 King St W, Suite 4800, Toronto, ON M5H 1A1    10060 Jasper Ave, Suite 2020, Edmonton, AB T5J 3R8
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