Bad Credit & Alternative Mortgages in Ontario

Missed payments, a consumer proposal, high revolving balances, or a life event may change the lender category today. Alternative mortgage options should provide a safe bridge back to stronger terms.

A setback needs a route forward—not a dead end.

Higher-cost financing must have a purpose and a realistic exit. If the risks are too high, I will say so plainly.

I help homeowners throughout Ontario understand alternative and private mortgage options when credit, income, or timing does not fit a traditional lender.

Helpful mortgage guides

Mortgage After a Proposal or BankruptcyUnderstand credit rebuilding, lender expectations, documents, and possible financing routes.Read the guide →

What we will work through

Credit report review and a prioritized recovery plan
Alternative, MIC, second-mortgage, and private options when appropriate
Debt-consolidation math focused on cash flow and total cost
A time-based exit plan tied to credit recovery, income, sale, or renewal

How it works

Tell me the goal

A short conversation gives me the context behind the numbers.

Compare the routes

I review lender fit, total cost, flexibility, risks, and the next step.

Move with confidence

You get a clear recommendation and help from application through closing.

YOUR NEXT STEP

Choose a realistic route—not just the fastest approval.

Start with the numbers and build a clear plan toward more suitable financing.

Test the paymentSee how a proposed balance, rate and amortization affect the monthly cost.Continue →Start a private reviewShare the credit event, property, equity or down payment, and timing.Continue →Book a 15-minute callDiscuss available routes, costs and the exit plan before applying.Continue →

Alternative Mortgages in Ontario questions

Can I get a mortgage after a consumer proposal?

It may be possible depending on whether the proposal is active or completed, your rebuilt credit, income, equity or down payment, and the lender category. The right route should include a plan toward lower-cost financing.

What is the difference between an alternative and private mortgage?

Alternative lenders generally use defined qualification programs for borrowers who fall outside traditional guidelines. Private lenders focus more heavily on property value and equity, typically with higher rates and fees.

Why does an alternative mortgage need an exit strategy?

An exit strategy sets out how and when you expect to move to more suitable financing, sell the property, or repay the loan. It helps determine whether the short-term cost and risk are reasonable.

What costs should I compare?

Compare the interest rate, lender and broker fees when applicable, legal and appraisal costs, term, payment, prepayment conditions, and total borrowing cost—not only the monthly payment.

YOUR NEXT MOVE

Let’s make the mortgage fit your life.

A quick conversation can show you what is possible, what it costs, and which option actually makes sense.

BOOK A CALL WITH SUNNY Or start with a few questions →No pressure · No obligation · Clear numbers