Deal Rescue — Tough Mortgage Files
Did the Bank Just Say No? Let Us Save Your Commission. Submit your difficult file for a free, no-obligation Deal Rescue Review. If there is a way to fund it across our network of 90+ lenders, we will find it — and we will call you within 4 hours. Request a Deal Rescue → The […]
Did the Bank Just Say No? Let Us Save Your Commission.
Submit your difficult file for a free, no-obligation Deal Rescue Review. If there is a way to fund it across our network of 90+ lenders, we will find it — and we will call you within 4 hours.
The Most Common Tough Files We Fund in BC and Alberta
Major banks are designed to approve straightforward files: salaried employees with clean credit and a standard down payment. The moment a file deviates from that profile, the bank’s automated underwriting system declines it. That is where CTC Mortgages steps in. We work with lenders who specialize in exactly these situations.
Self-Employed and Business-for-Self Borrowers
The Challenge: Traditional banks calculate income from line 150 of the tax return. Self-employed borrowers who legitimately minimize their taxable income through business deductions appear to earn far less than they actually do. Two years of T4s is a requirement most entrepreneurs cannot meet.
Our Solution: We use stated income programs, add-back calculations, and business deposit verification through B-lenders and alternative lenders who understand how business owners actually earn money. We can often qualify a self-employed borrower at their real cash flow rather than their declared income.
Best CTA for this file: Submit a BFS scenario for review →
Bruised Credit and Past Credit Events
The Challenge: A single missed payment, a past consumer proposal, or a low beacon score triggers an automatic decline from major banks. The client may have excellent income and a strong down payment, but the credit history alone kills the file.
Our Solution: We have extensive relationships with B-lenders (Home Trust, Equitable Bank, Bridgewater, and others) who evaluate files holistically — looking at the full picture of income, equity, and the story behind the credit event. Many clients with past credit issues qualify for B-lender financing and can transition to an A-lender at renewal.
Best CTA for this file: Discuss a credit-challenged file →
Investment Property and Portfolio Financing
The Challenge: When a client owns multiple properties, their debt-servicing ratios (TDS/GDS) tighten rapidly. Banks apply stress tests to every property in the portfolio, making it nearly impossible to qualify for a 3rd or 4th investment property through traditional channels.
Our Solution: We use rental offset programs and investor-specific financing structures that allow rental income to offset the debt load. We also work with portfolio lenders who evaluate the overall strength of the investment rather than applying rigid TDS/GDS rules.
Best CTA for this file: Review an investor file →
New to Canada
The Challenge: Newcomers to Canada often have strong income and savings but limited Canadian credit history. Without two years of Canadian credit, most major banks will not approve a standard mortgage.
Our Solution: Several lenders offer New-to-Canada programs that accept foreign credit history, employment letters, and alternative documentation. We match newcomers with the right program based on their specific immigration status and financial profile.
Best CTA for this file: Submit a New-to-Canada scenario →
Complex or Non-Traditional Income
The Challenge: Commission earners, contract workers, seasonal employees, and gig economy workers all have income that fluctuates. Banks want consistent, predictable income — and if the last two years of NOAs show variability, the file gets declined.
Our Solution: We work with lenders who accept averaged income over 2 years, use the higher of two years’ income, or accept contract letters and bank statements as proof of income. We find the lender whose guidelines best match the client’s actual earning pattern.
Best CTA for this file: Discuss a complex income file →
Emergency Deal Rescue — Last-Minute Bank Decline
The Challenge: The bank approves the client, conditions are removed, and then — 72 hours before closing — the lender declines the file due to a condition that could not be satisfied. The deal is about to collapse and your commission is at risk.
Our Solution: This is our specialty. We move fast. We can pivot a declined A-lender file to a B-lender or private solution in days, not weeks. We have saved purchases that were hours away from falling apart. If you have an emergency file, call Paramvir directly at 778-887-6859.
For urgent files, call immediately: 778-887-6859
Submit Your Tough File for a Free Deal Rescue Review
No client personal information required at this stage. Tell us about the scenario and we will call you within 4 hours with a viable strategy.
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All deal submissions are reviewed by Paramvir Nijjar personally. For urgent files, call 778-887-6859 directly.
Our Lender Network
The reason we can save files that major banks decline is simple: we have access to over 90 lenders across Canada, including A-lenders, B-lenders, credit unions, trust companies, and private lenders. Each lender has different guidelines, and knowing which lender to approach for which scenario is the expertise we bring to every deal.
Our lender network includes: TD Bank, Scotiabank, MCAP, First National, Home Trust, Equitable Bank, B2B Bank, Bridgewater Bank, ICICI Bank, Merix Financial, RMG Mortgages, Street Capital, Marathon Mortgage, Manulife Bank, and many more — including private lending options for situations that require speed or flexibility above all else.