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Bad Credit Mortgages in Sault Ste. Marie

About Sault Ste. Marie

Sault Ste. Marie is a city on the St. Marys River in Ontario, Canada, close to the U.S.-Canada border. It is the seat of the Algoma District and the third largest city in Northern Ontario, after Sudbury and Thunder Bay.

To the south, across the river, is the United States and the city of Sault Ste. Marie, Michigan. These two communities were one city until a new treaty after the War of 1812 established the border between Canada and the United States in this area at the St. Mary’s River. In the 21st century, the two cities are joined by the International Bridge, which connects Interstate 75 on the Michigan side, and Huron Street (and former Ontario Secondary Highway 550B) on the Ontario side. Shipping traffic in the Great Lakes system bypasses the Saint Mary’s Rapids via the American Soo Locks, the world’s busiest canal in terms of tonnage that passes through it, while smaller recreational and tour boats use the Canadian Sault Ste. Marie Canal.

French colonists referred to the rapids on the river as Les Saults de Ste. Marie and the village name was derived from that. The rapids and cascades of the St. Mary’s River descend more than 20 feet (6 m) from the level of Lake Superior to the level of the lower lakes. Hundreds of years ago, this slowed shipping traffic, requiring an overland portage of boats and cargo from one lake to the other. The entire name translates to “Saint Mary’s Rapids” or “Saint Mary’s Falls”. The word sault is pronounced [so] in French, and /suː/ in the English pronunciation of the city name. Residents of the city are called Saultites.

Sault Ste. Marie is bordered to the east by the Rankin and Garden River First Nation reserves, and to the west by Prince Township. To the north, the city is bordered by an unincorporated portion of Algoma District, which includes the local services boards of Aweres, Batchawana Bay, Goulais and District, Peace Tree and Searchmont. The city’s census agglomeration, including the townships of Laird, Prince and Macdonald, Meredith and Aberdeen Additional and the First Nations reserves of Garden River and Rankin, had a total population of 79,800 in 2011.

Native American settlements, mostly of Ojibwe-speaking peoples, existed here for more than 500 years. In the late 17th century, French Jesuit missionaries established a mission at the First Nations village. This was followed by development of a fur trading post and larger settlement, as traders, trappers and Native Americans were attracted to the community. It was considered one community and part of Canada until after the War of 1812 and settlement of the border between Canada and the US at the Ste. Mary’s River. The US prohibited British traders from operating in its territory, and the areas separated by the river began to develop as two communities, both named Sault Ste. Marie.

Bad Credit Mortgages in Sault Ste. Marie

Are you looking for a mortgage in Sault Ste. Marie, ON and have bad or poor credit? Our mortgage brokerage can connect you to a network of over 100 Ontario mortgage lenders all competing for your home mortgage business in Sault Ste. Marie, ON that specialize in bad credit mortgages, allowing you to find the right mortgage solution at lowest possible rate.

If the bank said no or you have bad or poor credit we can still help you find the right bad credit home mortgage solution in Sault Ste. Marie, ON .

If you have horrible credit, bankruptcy, mortgage arrears, property taxes owing, power of sale, self employed or on pension or disability

We can still help!

We also specialize in providing the following mortgage solutions in Sault Ste. Marie, ON :

Second Mortgages, Debt Consolidation, Mortgage Refinancing, First Mortgages, Commercial Mortgages, Residential Mortgages, Home Equity Lines of Credit, Commercial Loans, Bad Credit Loans, Mortgage and Tax Arrears.

In finance, subprime lending (also referred to as near-prime, non-prime, and second-chance lending) means making loans to people who may have difficulty maintaining the repayment schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc.