Brampton and Ontario Mortgage Blog
Finding a lifeline from bad credit
October 28, 2015 | Posted by: Paul Hunjan
Nobody is immune to financial hardship but when it threatens our homes and our self-worth it is time to turn to a professional for help.
Traditional lending institutions like banks red flag customers with bad credit but the truth is there are a lot of other options out there for financing even if you have bed credit and you don’t have to pay through the nose for it.
Paul Hunjan is a Mortgage Broker with Centum One Financial Group Inc. in Brampton. He has been finding solutions for clients suffering from financial hardship and bad credit for years. Paul understands how humiliating and gut wrenching a bad credit rating can be to homeowners who need to renew or refinance their mortgage.
What banks don’t want you to know is there are a lot of other non-traditional lenders out there that will still offer competitive rates to homeowners trying to get back on their feet.
Centum not only helps clients renew or refinance their homes but offers strategies to help improve even heal bad credit The best way forward is to talk to a mortgage broker, assess the situation together and let them come up with the strategy and a proposal that meets the lenders criteria.
Paul Hunjan has access to over 50 lenders and knows the ins and outs of bad credit mortgage renewals and refinancing for people in Brampton, Burlington and across the GTA. He has helped many people find their way out of a crisis but he warns the worst thing you can do is to do nothing. Working as a team, you and your mortgage broker can find a solution.
When refinancing or renewing your mortgage isn’t possible Centum One Financial Group Inc. has another alternative for homeowners who may be going through a temporary setback such as job loss, divorce, credit card debt or even plans to start a new business. The ‘Breathing room second mortgage’ can provide a lump sum to get you over that hurdle with no repayment for one or two years.
If you are facing bad credit hurdles contact Centum One Financial Group Inc. at their website here and talk to Paul about the best solution for your financial difficulties