Overview
The Excalibur “Bruised Credit” program by First National Financial is an ideal mortgage solution if your credit history isn’t perfect but you need to buy or refinance a home. It’s designed for those working to improve their credit, offering flexibility in qualifications and accepting various down payment sources. This program can be a stepping stone towards homeownership, helping you to move forward despite past credit challenges. Always consider consulting a financial advisor to see if it’s the right fit for your situation.
Key details
Rates and fees
Disclaimer: This rate table represents the best rates available from this lender. Rates and fees may depend on several factors, such as your Loan to Value, credit history, income, property use, property location, etc. For a precise quote, fill out the form at the bottom of the page for a no-obligation call.
More information
This section lists what the lender either does accept or they may consider on a case-by-case basis depending on the rest of the application. If it’s case-by-case, we try and include a note in the policy details to help give more specific information. But keep in mind alternative (private and ‘b’) mortgages are situation dependent and some of the above items can’t be combined. If you’re unsure or have a question, please fill out the contact form at the bottom of the page or speak with your mortgage professional.
About the Lender
First National Financial is a leading non-bank lender in Canada, distinguished by its wide range of residential and commercial mortgage solutions. A key aspect of the company's offerings is its Excalibur program, an alternative residential mortgage product designed to cater to borrowers who may not meet the traditional lending criteria of mainstream financial institutions. By offering more flexible qualification requirements and personalized underwriting, Excalibur enables First National Financial to serve a diverse client base, ensuring a variety of mortgage needs are met. This commitment to alternative lending, in conjunction with its extensive portfolio of financial services, underscores First National Financial's influential position in Canada's mortgage lending industry.Request a Quote
The content on this website is for informational purposes only and does not constitute professional advice. Policies, rates, and fees are subject to change without notice at the lender’s discretion. There may be additional costs not mentioned on this page. Cost of financing is depends on the situation, and it is the responsibility of your mortgage professional to disclose that information at the time of application. In the event of a discrepancy between this page and the lender, the lender is assumed to be correct. Before making any financial decisions, please consult with a qualified mortgage professional. By using this website, you accept the above statement and our terms and conditions.