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BMC Mortgage & Investments Blog

Learn about private mortgages and how to use your property's equity to achieve your goals.

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What Are the Requirements to Get a Second Mortgage with Bad Credit

Getting a second mortgage with bad credit is not a simple process. Even if you have equity built up in your home, lenders may deny you financing based on your credit history. Fortunately, there are a few simple steps you can take to improve your chances of being approved– even if you have black marks on your credit report.


Create Your Dream Home with a Home Renovation Loan

There are many ways to obtain the funds you need to make home improvements.


How Can a Bad Credit Lender Help if You’re Facing Foreclosure?

Can a bad credit lender help you avoid foreclosure? Do you know the steps to take when you are at risk for foreclosure? We can help. 


Bridge Financing with Bad Credit: How to Buy a House Before Yours Sells

Do you know how bridge financing works? Do you qualify? How do you qualify? Here's how to buy a house before you sell yours! 


How Much Can You Borrow with a Home Equity Loan?

Borrowing against the equity in your home is a convenient way to access the funds needed to purchase a new car, pay for your children's education, or even buy a second home. But how much can you really borrow with a home equity loan. While the value of your property is an important factor in determining how much you can borrow with a home equity loan, there are several other criteria that lenders will consider – specifically, your loan-to-value (LTV) ratio and your debt-to-income (DTI) ratio.


Do You Know When it’s Time to Consider a Debt Consolidation Loan?

A debt consolidation loan can be a valuable tool for managing multiple bills and reducing debt, but this type of lending isn't for everyone. Here are a few important things to consider when determining whether this type of loan is the right solution for you


Do You Know How to Get a Bad Credit Home Loan

A blemished credit history is one of the largest obstacles prospective Edmonton homeowners face when shopping for a mortgage. The good news is that having a less-than-perfect credit score doesn't necessarily mean you can't purchase your dream home. Here are a few steps you can take to obtain a bad credit home loan.


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

Do you have bad credit? Are you looking to buy a home? Here's why you should talk to a bad credit mortgage broker about your finances.


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

Do you have multiple debts? Are they accumulating to the point where you can't pay them? Here's how we may be able to help with a debt consolidation loan.


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

Are you looking to renovate or remodel your home? Talk to our mortgage lenders about how a home renovation loan can help you out!


How to Use a Bad Credit Mortgage Broker to Your Advantage

Do you know how to use a bad credit mortgage broker to your advantage? Here are a few helpful tips to get you started on your journey.


How to Pay Back Your Home Equity Line of Credit

Do you know the steps to take in order to successfully pay back your home equity line of credit? Here are some tips to help you.


The Ins and Outs of Home Renovation Loans: What You Need to Know Before You Renovate Your Edmonton Home

Home renovation loans can be a helpful crutch for people that are looking to renovate their home, but have bad credit. Here's how it works.


Take the Right Steps to Refinance Your Mortgage with Bad Credit

Dealing with bad credit can be a hassle. Talk to bad credit mortgage specialist today, to help you refinance your mortgage with bad credit.


How a Bad Credit Mortgage Lender Can Help You AVOID Bankruptcy

Talk to a bad credit mortgage lender today about how they can help you avoid bankruptcy and get you back on the right track.


Home Equity Loans: How to Access Your Home's Equity

Do you know how a home equity loan works? Learn more and find out how to access the equity you've been building in your home.


Manage Your Money: How Debt Consolidation Loans Can Help You Get Out of Debt Faster

Manage your money and get out of debt faster with the help of a debt consolidation loan. Find out today if you qualify, and regain control of your finances.


3 Misconceptions About Bad Credit Mortgage Brokers

There are several misconceptions about bad credit mortgage brokers and what they can and cannot do for you. Know the facts to help with your pre-approval.


Tax Debt: Can a Home Equity Loan Help?

Do you owe money to the CRA? Are you worried about tax debt? Find out how a home equity loan can help you with your CRA woes.


Five Poor Credit Mortgage Solutions

Are you worried about your mortgage solutions? Work with a mortgage broker to help you with your poor credit score mortgage solutions.


The Benefits of Working with a Bad Credit Mortgage Broker

Bad credit doesn't mean there isn't help out there for you. Work with a bad credit mortgage broker to help you with tax debt, loans, or other significant debt.


Why Bridge Financing is a Great Way to Own Your Dream Home

How much do you know about bridge financing? Learn how it can help you buy, renovate, or remodel your future dream home.


5 Tips to Refinancing a Mortgage with Bad Credit

Refinancing a mortgage with bad credit can be difficult but it is not impossible. Here are 5 tips on how to refinance with bad credit.


The Benefits of Getting a Home Renovation Loan

Renovate that unfinished basement, or any area of your home, and boost your ROI with the help of a home renovation loan from BMC Mortgages.


Bad Credit Mortgage Lenders: Is Private Lending Worth it?

Using a bad credit mortgage lender can be less stressful than borrowing a large sum of money from a bank, friend, or family member.


The Woes of a Second Mortgage with Bad Credit

While it's possible to obtain a second mortgage with bad credit, taking on a new debt doesn't always make the best financial sense.


3 Things You Didn’t Know About Debt Consolidation Loans

Here are three important things to know about debt consolidation loans to lower your monthly payments, reduce your interest rates, and pay off your debt faster.


Poor Credit Score Mortgage Solutions: Are Millennials at Risk

By not having an established credit history is one of the top reasons more millennials are relying on poor credit score mortgage solutions


Why Use a Bad Credit Mortgage Broker

A bad credit mortgage broker can help you determine which lenders and mortgages are most appropriate for you based on your financial situation.


What to Ask Your Mortgage Broker About Refinancing with Bad Credit

three questions to ask your mortgage broker about refinancing a mortgage with bad credit: How to apply, is it possible, and does my credit score matter.


How Bridge Financing Can Help You

Bridge financing is a type of interim lending that homeowners can obtain between the sale of their current home and the closing of their new home.


Found Your Dream home but Your Existing Home is still on the Market? Bridge Financing May be the Answer

Bridge financing is a short term loan that can help you bridge the gap between your old mortgage and your new mortgage.


How Debt Consolidation Can Get You Out of Debt Faster

Debt consolidation can help you manage your debt, and pay it off sooner.


Home Renovation Loans: Does the Added Value Outweigh the Costs and Other Considerations

you can receive home renovation loans both during and after acquiring your home.


Getting a Bad Credit Home Equity Loan in Edmonton

Edmonton’s BMC Mortgage & Investments, you have more than a bad credit home equity lender, you have a trusted partner to help you shape your financial future.


Buying a Home Before Yours Sells: Is Bridge Financing is a Good Idea?

What is bridge financing? and, if given the option, is it a good idea? Contact BMC Mortgages today for expert advice


Dream of Owning a Home But Have Bad Credit? A Mortgage Broker Can Help

So you have bad credit, but you dream of owning a home. Bad credit mortgage brokers can help you work towards that dream of owning a home in Edmonton.


What is Debt Consolidation and How Does It Work?

Are you struggling to make multiple payments every month? A debt consolidation loan may be the solution & at BMC Mortgage & Investments in Edmonton we can help.


The Good and Bad of Bridge Financing

Imagine: your old home hasn't sold yet, but you've found your dream home in Edmonton. You don't want to lose it, but is bridge financing the best option?


What You Need to Know About Bad Credit Home Equity Loans

Bad credit home equity loans can be an option in order to pay off high-interest loans & establish financial stability but there are some risks to be aware of.


How Using a Bad Credit Mortgage Broker Helps You in the Long Run

Do you suffer from bad credit and are finding it difficult to find a mortgage? Look no further than BMC, your Edmonton bad credit mortgage brokers.


The 3 Big Benefits of Bridge Financing

Bridge financing is a great way for homeowners in Edmonton to get the money they need for a down payment on a new home when you haven't sold your home yet.


What You Really Need to Know about Debt Consolidation Loans

Debt consolidation loans sound like a good idea to people in Edmonton but there are a few things you need to remember when making the decision to consolidate.


3 Things to Remember When Getting a 2nd Mortgage

You may need to get a 2nd mortgage to help you manage your debt] but there are a few things you need to remember when it comes to 2nd mortgages in Edmonton.


Common Myths About Credit Scores

There are a lot of myths about credit scores and what gives you bad credit. We've taken the time to look at a few of these myths we've heard from our clients.


Home Equity Loans: How It Works

You've tried everything but you find yourself needing money & you have bad credit. With a home equity loan you can get the money you need by leveraging equity.


Getting a Second Mortgage with Bad Credit

You purchased your dream house but you find yourself in a situation where you've made some poor financial decisions and you need a second mortgage.


What is Bridge Financing?

You've heard the term bridge financing before when buying a home but you don't really know what it means. We'll answer the question: what is bridge financing?


What to Do When You Can't Get a Mortgage

You've tried to get a mortgage or get refinancing but you keep getting denied because of bad credit. We have some ways to help you get the mortgage you need.


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Versatile Private Lending Mortgage Solutions

Whether you're buying a property or leveraging your equity to access financing, our expert mortgage solutions are designed to meet your unique needs. We provide personalized support for first-time homebuyers, seasoned investors, and those seeking to access equity for financing projects or consolidating debt. Connect with us today to explore your options and take the next step in your financial journey.

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