A low credit score doesn’t close the door on home ownership. Many London residents secure mortgages every day through alternative lenders who look beyond numbers to see your potential.
What Is Bruised Credit?
Bruised credit usually means a score below 650. Late payments, collections, or high balances can lower your score, but you can still qualify with sufficient home equity or stable income.
How Mortgage Brokers Help London Homeowners
- Connect you with lenders specializing in bruised credit.
- Find loans based on equity and income, not just score.
- Guide you toward credit rebuilding strategies.
- Deliver approvals within 48 hours.
Real London Success Story
Emily from East London had a credit score of 600 after a divorce. Her bank refused a refinance, but Burke Financial secured an alternative lender mortgage that reduced her interest and saved her home.
Steps to Get Approved in London
- Pull your credit report and discuss it openly with your broker.
- Collect proof of income and property value.
- Choose a refinance or second mortgage solution.
Rebuild credit by making consistent payments.
Mistakes to Avoid
- Applying to multiple banks at once.
- Hiding debts or collections.
- Missing minimum payments during review.
Final Tip:
With the right mortgage broker in London, bruised credit doesn’t have to limit your options, it can be the first step toward a stronger financial future.
Need a mortgage in London but worried about credit? Let’s help you get approved.
📞 1-866-702-9394
🌐 www.burkefinancial.ca
