Credit Issues?
In today's financial environment, many people find themselves in situations where credit becomes a concern when qualifying for a mortgage. There are various lenders who will finance the needs of customers with varying degrees of "bruised credit". The reality is that a poor credit rating will cost more. 

We will help find you a lender with the the lowest rates, at the lowest fees in the market. 

The down payment on a home purchase is usually epected to he higher, and it would help to have good job stability (at least 2 years). The encouraging news is that credit can be improved by taking certain steps.  We would be happy to discuss these steps with you.

There are 3 areas that lenders look in the credit approval process.

  • Credit repayment history 
  • Employment history 
  • Amount of down payment (min 15%, 25% - depending on credit)
The lower the downpayment, the stronger the expectation with credit and employment. 

Want to know what Ted can do for you? Feel free to email tedrhind@invis.ca.

To find out where you stand in the eyes of the credit bureaus, you can click on either of the links below to order your credit report.