Bad Credit Refinance BC - Refinancing with Bad Credit in Vancouver
Did you know that a mortgage broker can solve your refinancing needs if you have bad credit?
We specialize in maximizing your cash flow by swapping higher interest rate debts with mortgages that offer lower rates.
You may want to refinance for a number of reasons.
• You may be locked into a mortgage at a rate that is much higher than the current interest rates and may be having difficulty making those higher mortgage payments.
• You may want to consolidate all of your debts, into one easier to manage mortgage payment.
• You may need extra cash for unexpected expenses and it just makes sense to refinance if you can get better interest rates and mortgage terms.
If you have sufficient equity in your home and a stable income that will support the refinance, we can offer you refinancing options even if you have less than perfect credit. Equity is the difference between what you owe on your mortgage and what the appraised value is.
We will meet with you and go through your application to determine how much money you will be able to borrow based on the various mortgage packages that our lenders have available. Your application is presented to a number of lenders at the same time.
We work for you, not the lender, and have your best interests at heart. We can give you helpful advice on how you can improve your credit score in the future and ways to improve your finances.
If you approach several banks or lenders on your own, your credit is checked each time and your score may go down each time it is checked. Because we approach several lenders for you, your credit score won’t be negatively affected because it is only checked once.
You may be in the situation where you can refinance your mortgage, pay off your high interest credit cards and car loan and roll it into one smaller mortgage payment. If the interest rate you are offered is still higher than what you would have if you had stellar credit, paying the refinanced mortgage for a few years may actually improve your credit and you may be in a situation to refinance again in a few years at a better interest rate and terms.
It is better to deal with your finances in a proactive manner. Because we work with people in various financial situations, we have access to specialty lenders who are used to lending money to people who may have less than desirable credit ratings.
Our lenders focus more on equity rather than on your credit score.
We offer quick turnaround times, because our lenders deal with these types of deals day in, day out, we can usually tell you within 24hrs if we can make it work or not!
The bottom line is - I'm in YOUR corner, and I can set you up with the best possible mortgage (or otherwise solution) for your needs, period. Even if your situation is "challenging" - you'd be amazed at what's possible with a little creativity...
You can email me here, call me at 1-877-686-4246, or submit a Quick-Quote request HERE...
We'll talk soon!