Skip to main content
Mortgage Squad Advisors
Bad Credit

Bad credit? No judgment. Real solutions.

Past bankruptcy, consumer proposal, or missed payments — we work with alternative and private lenders who can get you a mortgage today, and we map your path back to a Big-6 bank within 12 to 24 months.

Credit score 500+Alternative lendersEquity-based options2+ years after bankruptcyNo judgmentPath back to a Big-6 bank
5-star rated| FSRA #13737| 5-min pre-qualification
Bad credit? Past money trouble?
There's still a path. No judgment.
We arrange a short-term mortgage today and map your way back to a Big-6 bank within 18–24 months.
540
Beacon score · rebuild
<600
Private
600-680
B-lender
680+
A-lender
Get pre-approved What I can afford
Maya · AI · 24/7
Can I get a mortgage with bruised credit?
5-star rated| FSRA #13737| 50+ langs

At Mortgage Squad Advisors we don't see a credit score — we see a person. Our alternative and private lender network specializes in credit-bruised files. We get you in now, then refinance you into A-lender pricing once your credit heals.

What you get

Why Canadians choose Mortgage Squad Advisors.

B-lenders accept Beacon as low as 500-550
Private lenders consider Beacon-agnostic, equity-based
Discharged bankruptcy? Often eligible after 2 years (with re-established credit)
Active or recently completed consumer proposal? Specialty lenders available
Up to 80% LTV on alt-A; 65-75% on private
Exit strategy mapped from Day 1 (refi to A-lender in 12-24 months)
No-judgment process — your file is reviewed on merits, not on past mistakes
Private lenders can fund in 7-14 days
Maya · 24/7 AI advisor

Have a question right now? Maya answers instantly in 50+ languages.

Chat Call
How it works

Three steps. No jargon. No pressure.

1

Honest Conversation

Tell us what happened. Discharge dates, current balances, current income. We don't flinch.

2

Match The Right Lender

B or private depending on your equity, income, and credit story. We pick the cheapest path that works.

3

Approve & Plan The Exit

Fund the deal. Then we monitor your credit and refinance you into A-pricing as soon as you qualify.

Run the math first

“I had a consumer proposal two years ago and assumed no one would touch me. My advisor never made me feel judged — just helped me find a path forward. We closed in 10 days.”

— David M., Alternative Lending Client, Toronto ON
FAQ

Common questions, answered.

Don’t see yours? Ask Maya — instant answer, any time.

How low can my credit score be?
B-lenders go down to ~500. Private lenders are largely score-agnostic — they care about equity. Below 500, expect to need at least 25-35% down or equity.
I just had a bankruptcy. When can I get a mortgage?
Generally 2 years post-discharge with re-established credit (at least 2 active trade lines reporting clean for 12+ months). Some lenders will consider 1 year post-discharge with strong offsetting factors.
Active consumer proposal?
Some B-lenders will consider an active proposal if you're current on payments. Private lenders are more flexible. Once the proposal is paid off and discharged, options widen significantly.
What's the rate premium?
B-lender: typically +75-150bps over A-rate. Private: +200-500bps. The 'cost' is real but it's the bridge to homeownership today versus waiting years for the bank to say yes.
Can I improve my credit while in the mortgage?
Absolutely — and we coach you. The goal: refi to A-lender pricing in 12-24 months. Most clients save more on the refi than they paid in B-lender premium.
Will I have to pay a broker fee?
On A and B lenders, no — the lender pays us. On private files, fees are common (1-2% of the loan, disclosed upfront).
Will my missed payments be a deal-breaker?
Recent missed payments (last 12 months) hurt more than older ones. We disclose every late payment to the lender — surprising the underwriter is the worst thing we can do.
Is there a minimum income requirement?
Yes — but lower than at A-lenders. B-lenders typically want 35-40% TDS. Private lenders care less about ratios and more about equity + payment ability.

Related products

Private MortgageRent-to-own pathAlternative LendingCRA DebtConsumer Proposal

Ready when you are.

No obligation. No credit check to begin. Maya answers in seconds — a real human takes over the moment you want one.