Canada Bad Credit Loans
Traditional mortgage lenders do not give individuals who make common credit errors a second chance. The banks are risk averse by nature, and will often deny reports of those with previous collections and judgements, even when they have substantial home equity available. CMI is a private mortgage specialist.
CMI’s network of private lenders offer fair rates and premier service.
For over 30 years, CMI has been providing Canadians with access to private mortgage capital. CMI has strategically aligned itself with Canada’s premier private lending institutions and private lenders to fund your private mortgage requests.
If you were rejected at traditional financial institutions because of past credit problems, a lack of established credit, or limited income documentation with bad credit, CMI has a wide range of alternative solutions for your financing needs.
CMI prescreens all our private lenders that they operate with the same diligence and professionalism that CMI projects to our clientele!
We have long standing relationships with our private lenders to ensure the safety of our clients. We are experts in the sub-prime marketplace and our insight and experience is our competitive advantage.
We have spent years helping those with bad credit acquire home equity mortgages. We are specialists in tough situations our experience allows us to offer you expert advice on how to rebuild your credit effectively!
- Home equity 1st mortgages available up to 85%
- Home equity 2nd mortgages available up to 90%
- Equity based 1st and 2nd construction mortgages
- Non-traditional property types are accepted as well!
CMI understands that everyone deserves a second chance at financial freedom and our lenders are willing to accommodate all applicants regardless of credit and financial situations, so long as you have at least 15% equity.