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Qualifying for a Mortgage with Bad Credit
You can say Canada is not an easy land in which to qualify for a mortgage with bad credit. While Canada’s big banks might consider those with bad credit to be high-risk, there are many lenders out there willing to work with bad credit applicants—regardless of their payment history.
Can I Get a Mortgage with Bad Credit?
Yes, you can get a mortgage even with bad credit in Canada. There are lots of options for those with bad credit looking to get a mortgage.
How Do I Qualify for a Mortgage with Bad Credit?
There are secured loans that are specifically designed for borrowers with less-than-perfect credit. One of the most vital factors that lenders look into is proof of income.
Here are some effective ways to qualify for a mortgage if you have bad credit: http://www.canadalend.com/Blog/how-you-can-get-a-mortgage-with-bad-credit/