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Bad Credit Mortgages in Pickering

About Pickering

Pickering (2016 population 91,771) is a city located in Southern Ontario, Canada, immediately east of Toronto in Durham Region. It was occupied for centuries by the Iroquoian-speaking Huron (now known as the Wyandot).

Beginning in the 1770s, the area was settled by primarily ethnic British colonists. An increase in population occurred after the American Revolutionary War, when the Crown resettled Loyalists and encouraged new immigration. Many of the smaller rural communities have been preserved and function as provincially significant historic sites and museums.

Remortgage to raise finance

You could reduce your monthly payment overall by using extra finance to pay off credit cards or car loans. A remortgage can be used to pay off your existing lender and any other finance you may have. The new payments should save you money. You may wish to use the finance raised to pay off credit and store cards, car loans and other high interest rate finance, so reducing your monthly payments overall.

Mortgages are available for people in situations such as:

Shared ownership accepted up to 100% of the clients share

Benefits

Some companies offer loans specifically to cover mortgage problems such as mortgage arrears. Loans can be expensive and in some cases secured against your home and so if the root cause of the problem has not been addressed you could be increasing your expenditure and putting your home at greater risk. We strongly recommend that you get independent advice before considering any arrangements like this.