Major Canadian banks are restricted in offering credit to tough credit clients due to risk portfolio guarantees they offer their investors. Most investors would shy away from investing/buying stock in a "Schedule 'A'" financial institution if they believed that the institution was providing loans to clients who have had difficulty paying back previous loans, regardless of the circumstance. As a result, clients are advised to seek mortgage and credit elsewhere.

For potential home buyers and home owners who have had difficulty with credit in the past, take heart! All is not lost. Help may be just around the corner. Due to the competitive nature of the Canadian mortgage industry, more and more lenders are seeking out niches to obtain mortgage clients. One such niche is the tough credit mortgage client. These lenders are not the mainstream institutions that you find on street corners in Canada. They are "mortgage banks" specializing in the art of lending mortgages. Several of these institutions focus on the tough credit market.

Up to 100% financing may be available depending on how long ago the credit issues were satisfied.