Bad Credit Mortgage Broker in the GTA
As a bad credit mortgage broker GTA clients trust when every bank has said no, I specialize in finding real lending solutions for bruised, damaged, or rebuilding credit. A low credit score doesn’t mean no mortgage. It means the right lender, at the right rate, with a plan to rebuild.
A bad credit score — from a late payment, a consumer proposal, a bankruptcy, a collection, or just life getting messy — will get you politely declined at any big bank. That doesn’t mean you can’t get a mortgage. It means banks aren’t the lenders who will fund your file. Alt-A lenders and private lenders absolutely will.
I’m Kevin Singh Dhaliwal, a GTA mortgage broker with 12+ years of experience funding files that banks reject. I’ve placed mortgages for clients coming out of consumer proposals, bankruptcies, and years of credit damage. The goal isn’t just to get you approved — it’s to get you on a path back to A-lender pricing.
Credit Situations I Can Place
- Credit score under 600 (even under 500 with enough equity)
- Active or recently discharged consumer proposal
- Discharged bankruptcy (even within the last 2 years)
- Collections, judgments, or tax arrears
- Multiple missed or late payments
- No Canadian credit history (new to Canada)
- Foreclosure or power-of-sale history
What to Expect
- Rates: Higher than bank rates — typically 6%–10% depending on the file. This is the trade-off for flexible qualification.
- Down payment / equity: Usually 20% minimum for purchases; equity-based for refinances
- Term: Often 1–2 year terms, designed to transition you back to A lenders as credit rebuilds
- Fees: Lender, broker, and legal fees are typical on private placements
- Exit plan: Built into the deal — we set a target to graduate to an A lender within 12–24 months
Why Work With Me
- 12+ years placing bruised-credit files across the GTA
- Relationships with alt-A lenders and my own private lenders who actually fund these deals
- A real rebuild plan — not just a placement, but a path to better rates
- Honest conversations about what’s causing the credit issues so we don’t repeat the pattern
- Zero judgment. I’ve seen every credit situation. My job is to find a lender who says yes.
My Process
- Discovery call — 20 minutes, no cost. Tell me what happened with your credit and what you’re trying to do.
- Credit review — I pull your bureau (with your permission) and map out exactly what lenders will see.
- Lender matching — I shop your file to alt-A and private lenders who fund your credit profile.
- Approval, close, and rebuild — I stay with you through close, then build a 12–24 month plan to move to A-lender pricing.
Bad Credit Mortgage FAQ
What credit score do I need to get a mortgage in the GTA?
A-lenders typically require 680+. B-lenders and credit unions work with scores as low as 500–600. Private lenders focus primarily on your property equity, not your credit score. As your bad credit mortgage broker GTA, I match you to the right lender tier for your current situation.
Can I get a mortgage after bankruptcy or consumer proposal?
Yes. Once discharged, many lenders will consider you — some as early as the day of discharge with enough equity. I’ve helped dozens of clients in this exact situation get back into homeownership.
How do I rebuild my credit score while holding a mortgage?
I build a credit rebuilding plan into every bad credit mortgage file. Within 12–24 months, most clients can qualify to refinance into conventional rates — saving thousands in interest going forward.
Related Services
Bad credit mortgage broker GTA clients often also use these services:
- Private Mortgages — Private lenders focus on equity, not credit scores. They’re often the fastest path to approval when credit is the barrier.
- Second Mortgages — Access equity from your current home to consolidate debts and rebuild your credit profile.
- Debt Consolidation — Roll high-interest debts into your mortgage to lower payments and accelerate credit recovery.
- HELOC — Once your credit rebounds, a HELOC gives you flexible access to the equity you’ve built.
- Mortgage Refinancing — After rebuilding credit, refinancing can move you from a high-rate lender to a prime product.