Tag: How to get a Mortgage with Bad Credit

What is the Timeline for Mortgage Approval?   In Canada, the mortgage approval process can take anywhere from a few days to several weeks. While the timeline can be uncertain, you can influence the duration of the process. Factors such as market changes, the lender you choose, and whether you get pre-approved can speed things… Continue reading How Long Time Take to Get a Mortgage Approval?

If your credit score is considered poor, several strategies could enhance your chances of getting approved for a mortgage.   Increase Your Down Payment   Typically, Canadian lenders require at least a 5% down payment, but this can differ based on the home’s price. If you have bad credit, you may need to put down… Continue reading How to get a Mortgage with Bad Credit