Mortgage loan with bad credit
At Lauréat Finance, a poor credit history doesn’t have to stop you from buying or refinancing your home. We offer private mortgages from $10,000 to $1,000,000, with fast approval — often within 24 to 48 hours.
Qualifying for a Mortgage with Bad Credit: What You Need to Know
Qualifying for a mortgage with bad credit can feel challenging, but it’s far from impossible. Unlike traditional lenders who focus mainly on credit scores, Lauréat Finance takes a broader, more personalized view of your financial situation.
We consider several key factors — including the net value of your property, your actual repayment capacity, and your short- and medium-term financial goals. That means even if you’ve had late payments, past defaults, or a damaged credit score, you may still qualify.
Our mission is to make financing accessible to those facing financial difficulties. With tailored guidance, we help you build a strong application, understand the key requirements, and set the stage for a sustainable financial recovery.
Steps to Qualify for a Mortgage Even with Bad Credit
Getting a mortgage with bad credit requires a tailored approach — but it’s absolutely within reach. At Lauréat Finance, we’ve simplified the process to offer you a smooth, judgment-free experience designed to meet your unique situation.
Submitting your loan application
Complete our online form to share the key details of your financial situation — it’s quick and secure.
Personalized assessment
We assess your file based on factors like the net value of your property, your true repayment capacity, and your short-term goals. Your credit score is not the only thing we consider.
Approval and funding
Once your application is approved, funds can be released quickly — often within 48 hours.
At Lauréat Finance, your Equifax or TransUnion score doesn’t determine your access to financing. We take a comprehensive view — focused on your property’s equity and your real ability to repay. That’s how we can say yes when traditional lenders say no.
Why choose Lauréat Finance?
Since 2014, Lauréat Finance has been helping Quebecers move forward with their goals by offering private mortgage solutions tailored to a wide range of financial situations. Here’s what sets us apart:
- We don’t judge based on credit score alone: A low credit score doesn’t disqualify you — we assess the full picture of your situation.
- Fast and efficient service: Quick evaluations, responses within 24 to 48 hours, and funding without unnecessary delays.
- Human-centered approach: We take the time to understand your story, your constraints, and your goals to offer a solution that’s realistic and truly personalized.
- Flexible solutions: Whether you need to consolidate debt, respond to a 60-day notice, or finance a property as a self-employed individual, we have options that fit.
- Trusted expertise: With thousands of cases reviewed, our team understands the ins and outs of alternative financing like no one else.
Trusted by Over 12,500 Clients Since 2014
FAQ
Can I get a mortgage if my credit score is very low?
Yes. Unlike banks, we focus primarily on the net value of your property and your current financial situation. Your credit score is considered, but it’s not a barrier to qualifying for a private mortgage.
Can I qualify even with past payment issues?
Yes. Past payment issues don’t automatically disqualify you. We evaluate your overall situation without judgment and work to find the best solution based on your current needs.
Is it possible to get a mortgage with no down payment and bad credit?
In some cases, yes — especially if you already own a property with strong equity. Our team reviews each file individually to offer a realistic financing option.
How do I apply for a mortgage with bad credit?
It’s simple. Start by filling out our online form or contacting us directly. We’ll walk you through the next steps, explain what documents are needed, and answer all your questions.
Submit Your Private Loan Application Now!
Ready to regain financial stability? Start today by completing your private mortgage loan application with Lauréat Finance, your ultimate financial ally.