Thank You!
Frequently Asked Questions
No! As a matter of fact, we work hard to help you pay off your debts without going through bankruptcy or consumer proposal. We are mortgage brokers.
I am a mortgage broker, licensed by the Autorité des Marchés Financiers. My Client # is 3002114550, and you can always verify the validity of my license on their website: AMF Register
Of course! We are brokers, we have business relationships with several lenders, some of which have much less strict lending guidelines. If your bank already said no, it doesn't mean another wouldn't say yes.
Sometimes yes! There are some banks that are willing to go forward even if you haven't finished paying your consumer proposal. They'll lend you the money to pay it off and save you years of credit rebuilding.
Not at all, on the contrary it will most likely improve it. One of the reasons your score might be low is because your revolving credit is full. Pay that off and the score will go up.
Probably. If your business makes money but you pay yourself a low salary because of fiscal reasons, know that there are programs who will be able to look at what your business makes and qualify you on that revenue.
A lot of it will depend on how quickly you send us your documents, once you've decided to move forward. Once they're all received, you can get your money as quickly as 3 weeks, but on average 5 weeks.
Part of our remuneration is the commission that the bank pays all brokers, and part of it is professional fees paid by our clients. However, these fees are not due until we secure the money to pay off your debts first, and the new mortgage is adjusted to give you the funds necessary to cover closing costs. At no point will we ask you to transfer us any funds.
