If you have ever spent your weekend going from bank to bank, applying for a mortgage, then you know how strict their lending guidelines are and how inflexible they can be. The lending guidelines of banks are extremely stringent. Not only do they screen their applicants based on credit score, income, employment, and more, but they also look for customers who will bring more than just a mortgage to their branch, they want your personal banking accounts, credit cards, car loans, and so on. If you do not bring these additional services the bank is less likely to negotiate or to even offer you a mortgage.

At Home Loan Direct, we strive to be the exact opposite of a bank. Our industry-leading 1-day response time guarantees that you will get in touch with your Home Loan Direct representative when you need to, and our smaller size ensures that you will receive the personal service and flexibility of a small business coupled with the professionalism of an institution. We pride ourselves on being “Canada's first institutional private lender.”

Most common reasons why the bank will say no:

• Poor credit
• Income qualification
• High credit card balances
• Minimum of 3 previous years of T1s
• Self employed
• Property tax arrears
• Income proof
• Power of sales
• Judgements
• Employment history

For any reason that the bank says no, Home Loan Direct says yes!  Contact us today for more information, or complete our simple application now, and say NO to the banks.

*With sufficient equity.