We understand that sometimes bad things happen to good people!
Even if you have a damaged credit history, there is still an opportunity for you to own a home.
If you have at least a 25% down payment we can get you mortgage so that you can buy a home. The lender makes their decision on the quality and marketability of the home and puts far less emphasis on your credit history. Since the lender has more risk you will pay a slightly higher interest rate to get this type of mortgage.
These mortgages are also available for refinances/equity takeouts. If you have some equity built up in your home you can tap into it to use for other purposes. This is a great way to pay off higher interest debts, pay put consumer proposal etc. You will need to have at least 30% equity in your current home in order to be approved.
Again the the location, condition and marketability of the property are very important.