If your credit score is less than stellar and may possibly prevent you from getting a mortgage, it’s a good idea to first consider whether a few credit repair strategies could help you. If you don’t have time to work to improve your score before applying for a loan, though, a no credit check mortgage is an option some consider.
It’s important to realize that if you opt for a no credit check mortgage in Vancouver that you can expect to need to make a substantial down payment, often 25% or more. Whether or not you qualify for the loan will be based on your credit score or income, but instead on the equity in your home.
Learn more about the no credit check mortgage from Rala Investments by calling us today for an appointment.
Rala Investments Ltd
1200 Lynn Valley Road Suite #301
North Vancouver, BC, V7J 2A2
Monday – Friday: 9:00 AM - 5:00 PM
North Vancouver mortgage broker proudly providing a variety of mortgages, loans, and other financial assistance to the following areas in the Lower Mainland:
North Vancouver | West Vancouver | Vancouver | Burnaby | Langley | Coquitlam | Delta | Surrey | Richmond | New Westminster | Port Moody | Maple Ridge | Abbotsford | Cloverdale