Unfavourable credit: are you eligible for a mortgage loan?

Have you ever had credit problems? You filed for bankruptcy, have a low credit rating or have no credit history at all? You may still qualify for a mortgage.

Some of our partners offer solutions for individuals who file a consumer proposal, for those with high debt ratios, for people who have been repossessed or have received a 60 days’ notice. We can also obtain a second mortgage position.

As the level of risk to the lender in such situations is higher, the interest rates will sometimes be adjusted accordingly.

Know that whatever your situation, our brokers will advise you on the best solutions available to you.

FIXED RATE

Current rates as of
Mortgage product	Posted rates
5 years variable	2,45 % *	1,25 %
1 year	2,79 %	1,99 %
2 years	2,94 %	1,99 %
3 years	3,49%	2,44 %
4 years	3,74 %	2,59 %
5 years	4,59 %	2,34 %
6 years
7 years	5.35 %	2.74 %
10 years	5,60 %	2,99 %
*Represents the Prime Rate. Some conditions apply, subject to change without prior notice.