The Rebuild Roadmap

1. A-lender (best rate). Generally ~2 years past discharge or proposal completion, plus 2 re-established trade lines paid on time for ~2 years, each around $2,000+. Default insurance (CMHC/Sagen) typically isn't available until 2 years past discharge, so before that, an A-lender purchase usually needs 20% down.
2. B-lender (bridge). Regulated alternative lenders built for this situation — they look past the score to the story. Often within ~1 year of discharge with a genuine credit rebuild and 10-20% down. Slightly higher rate plus a lender fee; most clients refinance to A-lender pricing once they clear 2 years.
3. Private (equity-driven). For people still in a proposal or recently discharged with no rebuilt credit. Approved on equity and the deal, closes quickly, higher cost, short term (often 12 months). Used only with a written exit plan back to a B- or A-lender.

• Open two new trade lines as soon as possible — even a small secured card counts.
• Keep balances under ~30% of the limit and pay on time, every time.
• Don't close old accounts in good standing — length of history matters.
• Pull your credit report and fix errors: accounts that should show as included-in-proposal or discharged but still show owing.
• Two clean trade lines for two years is often the difference between a B-rate and a bank rate.

• Trustee discharge or proposal completion certificate.
• Most recent credit report (free from Equifax or TransUnion).
• Two most recent pay stubs and a job letter, or 2 years T1 Generals if self-employed.
• 90-day history on your down payment source.
• Photo ID and proof of address.

The fastest way to know exactly where you stand is a free 15-minute call. No judgment, no paperwork — just a straight answer about your timeline and the 2-3 moves to make right now.

Book a free 15-minute call with Rahul

Or call/text 902-223-8003.