Business Details
Your Trusted Mortgage Partner in Canada
Turnedaway.ca was founded on a commitment to provide flexible mortgage solutions for homeowners facing financial challenges. With over a decade of experience in credit management at Equifax, the founder recognized the limitations of traditional debt collection practices and transitioned to mortgage brokering to address root financial issues. The company specializes in helping clients rejected by major banks, offering tailored solutions like home equity loans, HELOCs, and private mortgages. Guided by principles of transparency and client empowerment, Turnedaway.ca focuses on debt consolidation, credit repair, and financial stability.The team leverages deep industry expertise to serve clients across Canada, prioritizing equity-based approvals over strict credit requirements. Their approach combines personalized guidance with access to a network of alternative lenders, ensuring solutions for diverse financial situations. The company continues to build on its legacy of ethical lending and customer-centric service.
Services
Home Equity Loans
HELOCs
Reverse Mortgages
Second Mortgages
Private Mortgage Lenders
Highlights and features
- Decade of experience in alternative mortgage solutions
- Specialize in bad credit and income-challenged scenarios
- Offer diverse products: HELOCs, reverse mortgages, private loans
- Personalized guidance from expert mortgage specialists
- Quick approvals with equity-focused lending criteria
What people say
Flexible approvals
Expert guidance
Quick processing
Debt relief solutions
Personalized service
Services
Home Equity Loans
Home equity loans provide lump-sum financing secured by your home's equity. Ideal for debt consolidation, home renovations, or major expenses, these loans offer fixed interest rates and structured repayment terms. Turnedaway.ca specializes in approving applicants with bad credit or income challenges through equity-focused criteria.
HELOC
Home Equity Lines of Credit (HELOCs) offer flexible revolving credit secured by home equity. Access funds as needed with interest-only payments during the draw period. Turnedaway.ca connects clients with lenders offering competitive rates for HELOCs, even with impaired credit histories.
Reverse Mortgages
Reverse mortgages convert home equity into tax-free cash for homeowners aged 55+. No monthly payments required until the home is sold or vacated. Turnedaway.ca provides tailored solutions for retirees seeking supplemental income while retaining home ownership.
Private Mortgages
Private mortgage solutions cater to non-traditional borrowers through short-term loans secured by home equity. Turnedaway.ca partners with private lenders offering flexible terms for clients rejected by major banks, focusing on property value rather than credit scores.
Debt Consolidation
Debt consolidation services combine high-interest debts into a single manageable payment using home equity. Turnedaway.ca's specialists create customized plans to reduce interest costs and simplify payments for clients facing financial distress.
People
John Smith
Founder
With over a decade at Equifax managing major bank portfolios, John transitioned to mortgage brokering to address systemic financial challenges. He founded Turnedaway.ca to provide equitable mortgage solutions for Canadians rejected by traditional lenders.
Questions
Can I get a mortgage with bad credit?
Yes, TurnedAway.ca specializes in bad credit mortgages using home equity as primary approval criteria instead of credit scores.
How much can I borrow against my home equity?
Up to 80-85% of your home's value minus existing mortgage balances, depending on lender criteria and property location.
What mortgage options are available for debt consolidation?
Home equity loans, HELOCs, and private mortgages are commonly used for debt consolidation with flexible approval requirements.
Are reverse mortgages safe for seniors?
Reverse mortgages are government-regulated products that allow seniors to access equity while retaining ownership, with no monthly payments required.
How quickly can I get mortgage approval?
Private mortgage approvals can occur within 48 hours through TurnedAway.ca's network of alternative lenders.
Do you charge fees for mortgage brokerage services?
TurnedAway.ca's basic mortgage brokerage services are free, as they're compensated by lending partners upon successful funding.
Videos
