Bad Credit Mortgages
If you have a poor credit rating but need a mortgage or loan, what can you do? A bank will likely consider you too risky. Instead of a trying to negotiate with a bank, you can talk to CMI about bad credit mortgages.
Our certified mortgage brokers specialize in helping people with financial difficulties obtain the financing they need to buy a home or tap into their home equity to help control their debt.
Line of Credit
Perfect for a secured debt consolidation,
credit repair and renovations
and business loans!
Get the Major Financing You Need, Despite Your Credit Rating
CMI mortgage brokers have access to a wide selection of private lenders who are willing to step up when the banks turn you down. Through these lenders, we can get you the financing you need:
- Mortgages and loans up to 85-90% of the appraised value of your home
- Private first mortgages
- Private second and third mortgages up to 95% of the property's value for personal tax arrears or power of sale
- Equity-based second mortgages up to 85% (in major cities)
- Private bad-credit construction loans
Debt Consolidation
If you have credit problems, you may be looking for a way to manage your debts and, eventually, become debt-free. Through our second mortgages and home equity products, we can help you gain control over your finances.
We specialize in bad credit loans for people facing tax arrears, power of sale, or in pre- and post-bankruptcy situations.
We will look carefully at your current situation to devise a plan for helping you pay down your debts. With an affordable second mortgage, you can pay off your high-interest debts and consolidate all the money you owe into one monthly payment.
You will pay less interest and pay down more of your principal so you can get debt-free faster.
About Our Lenders
Because bad credit mortgages are higher risk, it takes a special kind of lender to finance these loans. At CMI we are rigorous in our assessment of our lending partners. We have very high standards and we evaluate each lender's past history with its borrowers to ensure that they meet our exacting criteria.
Only after we have determined that a lender will fulfill our requirements for ethical and professional service do we begin working with them.
As certified mortgage brokers, you can trust us to deliver the best of the best in private lending sources.
Find the Support and Service You Need
Debt is easy to accumulate and hard to get rid of. At CMI, we understand that. Unlike many traditional lenders, we do not focus on what went wrong. Instead, we focus on supporting you so you can make things right now and in the future.
Our bad credit mortgages and loans will help you secure the financing you need to stay in your home and pay off your outstanding debts. To learn more, contact us for a complimentary, confidential consultation.
