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CreditReboot Mortgages(formerly CreditReboot Mortgages) BBB Business Review

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Bad Credit & B-Lender Mortgages · ON · AB · SK

Bank said no?
B-lenders say yes.

B-lenders and alternative lenders approve mortgages for bruised credit, self-employed income, and life after bankruptcy or a consumer proposal — then we coach you back to a prime A-lender rate.

✅ Approved After Bankruptcy
⚡ Self-Employed OK
🏠 From 500+ Credit
★★★★★5.0· Google Reviews

🏠 How Much Could You Qualify For?

Estimated home value$700,000
$200K$2M+
Mortgage balance$300,000
$0$1.5M
You may qualify for up to$260,000

Estimates only. Actual amount depends on equity, property appraisal and lender.

💲
50+
Lenders Shopped
🕐
24–48 hrs
Typical Approval Time
🏅
10+ Years
of Experience
📍
ON · AB · SK
Licensed & Serving
🔒
100% Digital
Secure & Confidential
Key Takeaways
  • ✓B-lenders approve mortgages for credit scores around 500+ with roughly 20% down.
  • ✓They're built for self-employed, post-bankruptcy, consumer proposal, new-to-Canada, and high-debt-ratio borrowers.
  • ✓Rates are higher than a bank, plus a ~1% lender fee, on shorter 1–3 year terms.
  • ✓A B-lender is a stepping stone — our Reboot plan moves you back to a prime lender at renewal.
Eligibility

A bruised credit file
isn't the end of the story.

Big banks (A-lenders) demand strong credit and two years of T4 income. B-lenders and private lenders look at the whole picture — your equity, your down payment, and your story — and approve borrowers the banks reject.

  • 💳
    Bruised credit, collections, late paymentsB-lenders approve from ~500; equity covers the rest
  • ⚖️
    After bankruptcy or consumer proposalMany lenders approve shortly after discharge
  • 📋
    Self-employed, commission & contract incomeFlexible, stated-income qualification
  • 🍁
    New to Canada or thin credit historyApproved on down payment and overall profile
Apply in 60 Seconds
Approved When Banks
Say No.
Step 1 of 119%
GET STARTED
Do you own the home you're applying against?
Ownership is the primary eligibility requirement. Principal residence or investment property.
Yes
No
YOUR PROPERTY
What is your home's estimated current value?
Use your best estimate based on recent neighbourhood sales. We verify with an appraisal later.
$750,000
Estimated Home Value
$200K$2M+
YOUR MORTGAGE
What is your remaining mortgage balance?
Check your most recent mortgage statement. If you have no mortgage, set to $0.
$450,000
Outstanding Mortgage Balance
$0$1.5M
EXISTING DEBT
Do you have a HELOC or second mortgage on this property?
An existing HELOC or 2nd mortgage reduces available equity. Select No if you only have a primary mortgage.
✅ Yes, I have one
🚫 No, I don't
$50,000
HELOC / 2nd Mortgage Balance
$0$500K
LOAN AMOUNT
How much would you like to borrow?
Your target loan amount. Final approval depends on your equity and property appraisal.
$50,000
Requested Loan Amount
$10K$500K+
YOUR GOAL
What is your primary reason for this loan?
Select the option that best describes your main goal. Helps us match you with the right lender.
🏠 Buy / Refinance a Home
📉 Consolidate Debt
⚖️ After Bankruptcy
📋 Self-Employed
⚠️ Stop Power of Sale
🌟 Other
YOUR LOCATION
What city is the property located in?
Property location affects lender availability and processing time.
Please enter a city name.
ABOUT YOU
What's your name?
Your broker will use this to personalize your assessment.
Please enter your name.
CONTACT INFO
What's your email address?
We'll send your free eligibility summary here. We never share your info.
Please enter a valid email.
CONTACT INFO
What's the best number to reach you?
Your licensed broker will call within one business day. No pressure, no obligation.
Please enter your phone number.
PROPERTY ADDRESS
What is the property address?
Lets us verify ownership and prepare an accurate equity summary for your broker call.
Please enter the property address.
CreditReboot
RECEIVED
Thank you for choosing CreditReboot Mortgages.
You will receive a text & email shortly to schedule a time to discuss your options.
YOU MAY QUALIFY FOR UP TO
$0
Based on 80% LTV — subject to application, property & lender approval.
No Upfront Fees · No Credit Check Without Consent
Canada's Trusted Digital Mortgage Broker
Who B-Lenders Approve

Real people the banks turned away

A "bad credit" file is rarely the full story. Here are the borrowers B-lenders and alternative lenders approve every day.

⚖️

Post-Bankruptcy

Discharged from bankruptcy or a consumer proposal and ready to rebuild.

Approved early
📋

Self-Employed

Strong income that doesn't fit a bank's two-year T4 box.

Stated income
💳

Bruised Credit

Late payments, collections, or a score in the 500s–600s.

From 500+
🍁

New to Canada

Thin or no Canadian credit history but a solid down payment.

Profile-based
📊

High Debt Ratios

Debt-service ratios above what A-lenders allow.

Relaxed GDS/TDS
Know Your Lender Tiers

A-Lender vs B-Lender vs Private Lender

Understanding the three lender tiers is the key to a bad-credit approval. Here's exactly how they differ.

FeatureB-Lender (CreditReboot)
✓ Recommended		A-Lender (Bank)Private LenderStay With Bank
Min Credit Score~500+✗ 680+No minimum✗ 680+
Income ProofFlexibleStrict (2yr T4)MinimalStrict
Down Payment20%+5–20%25%+5–20%
Typical RateMid (+ ~1% fee)LowestHighestLowest
After Bankruptcy✓ Yes✗ Usually no✓ Yes✗ No
Best ForBruised credit, self-employedStrong filesUrgent / no creditPerfect credit only
Show Me The Math

How much could you qualify for?

Slide the numbers to estimate what a B-lender could approve on your equity.

Estimate Your Equity
Home value$700,000
$200K$2M+
Mortgage balance$300,000
$0$1.5M
You may qualify for up to$260,000

B-lenders and alternative lenders approve on your equity and overall profile — not just your score. We work with real B-lenders like MCAP, Equitable Bank, Home Trust and First National, and match you to the one most likely to say yes.

Illustrative only. Approval depends on full application, property and lender.

Check My Numbers →
Our Process

The Digital CreditReboot Process

No branch visits. No waiting in line. No unnecessary paperwork. Just a simple digital process from start to funded.

1

Pre-Approval

Fill out the form, speak to a licensed CreditReboot broker, and get your personalized quote — usually within 24 hours. No credit check at this stage.

2

Application & Approval

We shop your deal across 50+ private and alternative lenders and present you with your best approval to choose from.

3

Funding

Sign the broker documents, complete the legal paperwork with a lawyer or notary, and receive your funds — typically within 3–5 business days.

THE CREDITREBOOT PLAN: B-LENDER TO A-LENDER
1
Right Now
Declined
The Bank Said No
A low score, self-employed income, or a past bankruptcy closes the bank's door — even with a solid down payment.
2
Today
B-Lender
Get Approved & Stabilize
We place you with the right B-lender. You get your mortgage, consolidate debt, and start rebuilding credit.
3
12–24 Months
A-Lender
Graduate to Prime
We structure your term so that by renewal your credit and file qualify for a prime bank rate. That's the Reboot.
What Our Clients Say

Trusted by homeowners
across Canada

Real Google reviews from homeowners in Ontario and Alberta who worked with CreditReboot.

★★★★★

"They were able to help me with a second mortgage based on equity without any income requirements and lowered my monthly payment by helping me consolidate credit card debt. I highly recommend them."

H
Harman S.
Brampton, Ontario
★★★★★

"I was in a total bind looking to get financing against my property in Alberta. Parm gave me options even after letdowns from the banks, and worked tirelessly to find me a lender. By far the best I've worked with in a difficult situation."

M
Manno
Calgary, Alberta
★★★★★

"Our bank wasn't helping with refinancing. Parm gave us step-by-step insight on every detail, answered every question, and was always available. If you need help refinancing, look no further than CreditReboot."

V
Vikram
Brampton, Ontario

Find out if you're approved — even with bad credit

Free eligibility check. No impact on your credit score. Licensed brokers ready to call you today.

Apply in 60 Seconds →
FAQ

Common questions

Answers to the questions we hear most from homeowners in Ontario, Alberta, and Saskatchewan.

Can I get a mortgage with bad credit in Canada?
+
Yes. Bad credit doesn’t disqualify you — it just means banks aren’t the right fit. CreditReboot works with B-lenders and private lenders who approve mortgages based on your income, down payment, and overall situation, helping Canadians buy or keep their homes despite low credit scores.
What credit score is considered bad for a mortgage in Canada?
+
Most banks want a score around 680 or higher, so scores below roughly 600 are generally considered “bad” for prime lending. But B-lenders and private lenders regularly approve borrowers well below that threshold. A low score narrows your bank options — it doesn’t end your mortgage options.
Can I qualify for a mortgage after missed payments?
+
Yes. Late or missed payments hurt your score, but alternative and private lenders look at the full picture — your equity, income, and recent history — rather than a single number. Many homeowners with past missed payments still get approved and use the mortgage as a stepping stone back to good credit.
Can I get a mortgage after a consumer proposal?
+
Yes. Many borrowers qualify for a mortgage while still in a consumer proposal through private lenders, and for B-lender or bank financing once the proposal is paid out or discharged. The further along you are and the more equity or down payment you have, the better your options.
Can I get a mortgage after bankruptcy?
+
Yes. Once you’re discharged from bankruptcy, you can often qualify through B-lenders — and sometimes through private lenders even sooner. Lenders look for a discharge, re-established credit, and a reasonable down payment, and we’ll help you map the fastest realistic path.
Do Canadian lenders approve homeowners with collections?
+
Yes. Outstanding collections will stop most banks, but B-lenders and private lenders can still approve you, sometimes as part of a plan to pay those collections off through the mortgage. Your equity and income carry more weight than the collections themselves.
Can I get a mortgage in Canada if my income is low?
+
Often, yes. Alternative lenders offer flexible programs for lower or non-traditional income, and a larger down payment or strong equity position can offset a modest income. We’ll match you with lenders whose guidelines fit your real financial picture.
Can self-employed borrowers get a bad-credit mortgage?
+
Yes. Self-employed Canadians who can’t show full “provable” income are a natural fit for B-lenders and private lenders that use bank statements, contracts, or equity to qualify you. Being self-employed with bruised credit is one of the most common situations we solve.
How much down payment or equity do I need for a bad-credit mortgage?
+
For a purchase, expect to put down more than the 5% minimum — often 10–20% — with weaker credit. For refinancing, most lenders want you to keep at least 20% equity. A bigger down payment or equity cushion widens your options and improves your rate.
Can I move back to a bank mortgage later if my credit improves?
+
Yes — that’s exactly the goal for most of our clients. A B-lender or private mortgage is usually a short-term bridge; once you’ve rebuilt your credit over a year or two, we help you refinance into a lower-cost bank mortgage. We build the exit plan with you from day one.
Still have questions?
Speak directly with a licensed CreditReboot mortgage broker. No commitment, no credit check, no pressure.
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