Bad Credit Mortgage Broker in Burnaby, BC
Struggling with poor credit? We can still help you buy a home.
At Boychuk Mortgage Group, we specialize in providing bad credit mortgages and alternative financing solutions tailored to individuals and families who have been turned away by traditional banks. Whether you're recovering from financial hardship, self-employed, or have a unique income situation, our expert team will guide you toward successful homeownership.
We proudly serve Burnaby and the broader British Columbia region with mortgage products designed to overcome the limitations of conventional lending.
Can I Get a Mortgage with Bad Credit in Burnaby, BC?
Yes. A low credit score doesn’t mean your dream of owning a home is over. At Boychuk Mortgage Group, we work with a trusted network of alternative and private lenders who specialize in helping clients just like you.
If you've experienced bankruptcy, missed payments, or carry high debt, you still have options. Our goal is to help you qualify with confidence and plan for a financially secure future.
What Does a Bad Credit Mortgage Mean?
A bad credit mortgage is a type of home loan designed for individuals with one or more of the following:
- Credit score below 600
- Prior bankruptcy or consumer proposal
- Collections, charge-offs, or judgments
- Limited or no credit history
- High debt-to-income ratio
Rather than judging solely on credit scores, bad credit lenders evaluate your income, employment, down payment ability, and overall financial potential.
What Is Alternative Mortgage Financing in Burnaby, BC?
Alternate Financing refers to:
- B-Lenders
- Private Lenders
- Mortgage Investment Corporations (MICs)
Traditional “A” Lending refers to:
- Big Banks
- Credit Unions
- Mortgage Finance Companies
Benefits of Bad Credit and Alternative Mortgages
Homeownership Despite Credit History
Get approved and into your home faster, even if you've been declined before.
Improve Your Credit Score
Timely mortgage payments help rebuild your credit and move you closer to refinancing with better rates.
Broader Approval Criteria
Qualify using your total financial picture, not just your credit score.
Flexible Repayment Options
Choose from interest-only, short-term, or customized payment plans to suit your budget.
Quick Turnaround Times
Get pre-approved in days, not weeks. We help you move fast, especially when time is critical.
Reviews
Riley was great to work with! We brought him a very challenging project to acquire financing for and he helped us when it seemed like we may not be able to make the purchase happen!..Read more
Mark Fletcher
Riley and Lam were wonderful to work with in every way. They took time to provide us with options that made sense to our situation, not someone else's or what they preferred...Read more
Kevin Knudsen
Riley and his team are out standing. I was not expecting the attention to detail and the ease of the mortgage process they guided me through. If you are looking for a mortgage...Read more
Simon Savage
Riley is very knowledgeable and friendly. He walked me through all the steps and options with great advice and clarity. His team was great at keeping me informed and reminding me...Read more
Vincent Clements
Riley was incredible to work with! I needed financing on a tight timeliness and he moved fast, communicated clearly, and made the entire approval process stress free. He found me the best rates available ...Read more
Dax Marsh
Riley and his team are extremely helpful and personable. They made getting my first mortgage as stress free as possible while guiding me through all the nuances of the process. I appreciate all the hard work and care...Read more
Kent Newson
Some of OUR LENDING PARTNERS
Why Choose Boychuk Mortgage Group in Burnaby, BC?
Who Do We Help?
- First-time homebuyers with limited credit
- Self-employed or contract workers
- Individuals with prior bankruptcies or consumer proposals
- Newcomers to Canada
- Clients recently denied by traditional banks
Contact for Bad Credit Mortgages & Alternative Financing
Have bad credit but still need mortgage options? Boychuk Mortgage Group specializes in helping clients with less-than-perfect credit secure financing. Get in touch today to explore alternative mortgage solutions tailored to your unique financial situation.