Bad Credit Home LoansBad Credit Mortgage Refinancing

When you find yourself in a position where you have to replace your current mortgage with a new one and you have less than stellar credit, banks and other major lending institutions are likely going to turn you down. BMC Mortgage &Investments has been helping people in Edmonton and surrounding Alberta areas qualify for mortgage refinancing despite bad credit for more than 40 years.

Bad Credit Mortgage Refinancing with Options

When you have bad credit, there can be any number of reasons to refinance your mortgage. Some of these include:

  • Seeking a lower interest rate
  • Mortgage is due to be renewed
  • You are in a foreclosure situation
  • Lending institution is refusing your mortgage renewal

No matter what your reason for seeking a new mortgage, your financial experts at BMC Mortgage & Investments will provide you with a free consultation to ensure you are aware of all available options and help you choose the financing that best suits your needs.

Benefits to Bad Credit Mortgage Refinancing

No one sets out to get themselves in debt and become a credit risk. Jobs are lost or changed, sickness or injury may prevent you from working or any number of things that life can toss your way may have combined to make your debt seem insurmountable. While most banks and lending institutions don't allow for things to go wrong, that is just not realistic and at BMC Mortgage & Investments we understand that. We strive to offer you real solutions that will solve your financial problems rather than making them worse.

Depending on your current situation and the equity you have built up in your home or property, refinancing your mortgage even with bad credit may provide the following benefits:

  • We can help prevent foreclosure or non-renewal within weeks of legal action
  • You will receive the best possible rates for your situation and most of the time you'll have several options presented
  • Additional money may be available to reduce your debt or make improvements to your home

If you need bad credit mortgage refinancing, look no further than to your financial experts of BMC Mortgage & Investments. Let us put our vast experience serving clients in Edmonton and surrounding Alberta areas to work for you.

APPLY FOR PRE-APPROVAL

Preferred to Contact : Phone Email
Are you a Homeowner? Yes No

 

Bad Credit Debt Consolidation Loans

Why Would You Need Bad Credit Mortgage Refinancing?

  • You want a lower interest rate
  • You are in a foreclosure situation
  • It is almost time to renew your mortgage
  • Pay off other large debts
  • Consolidate your debts
  • Change from adjustable to fixed rate 

 

THE Latest From BMC MORTGAGE & INVESTMENTS LTD.


Don’t Let Bad Credit Bring You Down: What a Mortgage Broker Can Do for You

Sep 152018


While negative information on your credit report can make getting approved for a home loan more difficult, obtaining financing isn't impossible -- even if you've declared bankruptcy in the past. If your mortgage application has been denied because of bad credit, it may be time to consider working with a mortgage broker Edmonton. Here are a few ways working with a broker can help you purchase a new home or refinance your current home loan. 

How a Debt Consolidation Loan Can Help Pay Off Your Accumulated Debt Faster

Sep 012018


Debt consolidation loans allow borrowers to replace their outstanding credit balances into a single loan or line of credit. These types of loans can be particularly beneficial to those who are struggling to pay off a large amount of high-interest debt. If you're currently faced with outstanding debts that you're having trouble paying, here are three ways that debt consolidation loans Edmonton can help you pay your debt off faster. 

Turn Your House into Your Dream Home with a Home Renovation Loan

Aug 152018


Whether you simply want to make your home more energy-efficient or add a whole new wing to your house, a home renovation loan can help make your vision a reality. Below are three borrowing solutions that can turn your current property, or the one you've just purchased, into the home of your dreams. 

ESTIMATE YOUR HOME LOANESTIMATE YOUR HOME LOAN
READ OUR CLIENT REVIEWSREAD OUR CLIENT REVIEWS