Mortgage Solutions
A low credit score doesn't mean no options. It means the right lender matters more.
The Reality
Credit scores in Canada range from 300 to 900. Most A lenders (banks) want to see 650 or higher. Below 600 is generally considered poor credit and rules out most traditional mortgage products.
But credit scores aren't the whole picture. A low score from a single missed payment looks very different from chronic missed payments or a recent consumer proposal. Context matters, and that's where a broker's expertise is most valuable.
Common causes: divorce, job loss, medical events, identity theft, or simply never building credit at all. None of these automatically disqualify you.
Banks and major credit unions. Best rates. Strict qualification. Require strong credit, verifiable income, and low debt ratios.
Alternative lenders like Home Trust, Equitable Bank, and Haventree. Rates are higher but qualification is more flexible. A stepping stone back to A.
Asset-based lending secured against your property. Used for short-term situations while credit is repaired. Rates are highest but sometimes the only path forward.
The Path Forward
Before recommending anything, Kyle pulls and reviews your credit report together. Understanding exactly what's on there, and why, is step one.
Kyle works with B lenders and private lenders who specialize in non-prime files. Matching your situation to the right lender means a higher approval chance and a better rate than going it alone.
For clients who need time before qualifying, Kyle provides a concrete plan: which items to address, in what order, and a realistic timeline to A-lender qualification.
Get Started
Not sure if this applies to your situation? One call usually gives you a clear answer.
