Bad credit mortgage. Live in canada but have really bad help where can i get a mortgage for bad credit.? | |
Answers:
1Mortgage brokers are probably your only choice right now. Others have given you those links. If I were you, I would wait.
Spend some time first sorting out your finances and paying off some of your debt. In many communities and cities you can get credit counselling for free. Focus on paying off the highest interest debt first. Begin to save some money for a down payment. Do a budget and cut out all unnecessary spending - even Tim Hortons!! (sigh!!)
If at all possible wait until you can be approved for a bank mortgage. Otherwise you will probably have to pay very high interest rates, which will just make your financial situation worse.
Best of luck!
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